French private equity firm Motion Equity Partners has closed its newly formed single-asset continuation fund with a €215m hard cap, structured around Olyos, a leading European platform specialising in natural and health nutrition.
The oversubscribed fund will be managed by Motion Equity Partners and is capitalised by Coller Capital as the lead investor, following a competitive process advised by Rede Partners. The transaction brings together existing Motion LPs, new institutional investors, a significant equity reinvestment from Olyos’ management and LFPI as minority co-investor.
Since acquiring Olyos in 2018, Motion has deployed an ambitious value creation strategy, transforming a single-country lab into a high-growth international platform in natural health.
Upon entry, Olyos was a legacy French-focused business with €40m in revenue. It now generates near €145m in sales, with a CAGR of +27% from 2020 to 2024, and has ranked as one of the fastest-growing players in the European market.
Under Motion’s ownership, Olyos has tripled in size, through a balanced mix of organic and external growth (2/3 from organic growth and 1/3 from acquisitions). The company has executed four major acquisitions to expand its European footprint.
Olyos today owns a portfolio of strong brands in the VMS space built around the same DNA (naturalness, performance, and scientific background), being category leaders in various segments and positioned today as a strategic B2B2C partner for pharmacists.
Motion Equity Partners will support Olyos’ next phase of growth (notably the further deployment of its successful commercial model in pharmacy and online channels) and the acceleration of its ambitious external growth strategy, both in France and internationally. The fund has been sized to anticipate and finance future build-up opportunities.
The transaction is supported by a unitranche financing involving both long-standing partners and new lenders: LGT Private Debt, Muzinich, Crescent, and Cerea. The financing package has been structured to also fund future add-ons.
