Solem is joining Quilvest Capital Partners

Clipperton acted as the exclusive advisor to Solem’s shareholders on its sale to Quilvest Capital Partners. Quilvest will acquire a majority stake from reference shareholders MBO & Co and Altur Investissement. Frédéric Comte, CEO of the Group, is investing in the transaction alongside Quilvest and Bpifrance acquires a minority stake.

This transaction demonstrates Clipperton’s extensive expertise in the IoT space, following recent deals such as Withings ($60m financing with Gilde Healthcare, Eurazeo and Bpifrance), and Matooma (IoT communication solutions, sold to Wireless Logic).

solem
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Press release (extract)

July 12th, 2021 - Clipperton acted as the exclusive advisor to Solem’s shareholders on its sale to Quilvest Capital Partners. Quilvest will acquire a majority stake from reference shareholders MBO & Co and Altur Investissement. Frédéric Comte, CEO of the Group, is investing in the transaction alongside Quilvest, and Bpifrance also acquires a minority stake. READ FULL PR

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