A new fund, Atlon Capital Partners, has formed to focus on middle-market buyouts in France. The firm was launched in October by Thibaut de Chassey and Edouard Thomazeau, both previously partners at French mid-market firm AtriA Capital Partenaires. Alton Capital Partners will focus on companies with an enterprise value between EUR30-50 million.
Atlon is an independent buyout firm that differentiates itself from its competition by its long-term commitment alongside entrepreneurs and its capacity to actively support them in their expansion projects in France and abroad, in particular through international add-on acquisitions.
Atlon has recently been approved by the French regulator Autorité des Marchés Financiers (AMF) as a private equity fund manager, subject to certain conditions precedent.
De Chassey and Thomazea have been working as a team for the past 11 years on the French midcap LBO market with 16 investments completed and posting an IRR in excess of 30%. Under their supervision, these 16 companies completed over 40 additional corporate transactions, including acquisitions, divestitures, joint-ventures or greenfield projects in Western Europe, Eastern Europe and North America.
