June 24th 2024

Sustainability Report 2023

From the outset, InnovaFonds has been committed to its role as a responsible investor, convinced that adopting a sustainability approach creates value.
We are committed to having a very tangible, positive impact on our shareholders, on our company and on the planet.
Our commitment has a very tangible positive impact on our investments, on our society and on the planet.In 2023,

- InnovaFonds strengthened its commitment as a responsible investor by becoming a "company with a mission" and enshrining its raison d'être in its articles of association.

- The FIT II and III, PC II and PM I funds are classified as Article 8 under the Disclosure - SFDR regulation.

- InnovaFonds is pursuing its decarbonisation efforts to support its investments in the energy transition. As a result, 78% of the portfolio has carried out a full carbon assessment (scopes 1, 2 and 3) and implemented an action plan (emission reduction trajectory in a carbon business plan).

- InnovaFonds led the Industry Commission, and in particular the Decarbonisation of Industry working group.

January 17th 2024

InnovaFonds acquires a stake in A&B Couture

The A&B Couture Group is a group of tailoring workshops located in France and specialising in the development and production of women's ready-to-wear and collections for leading luxury fashion houses. A&B Couture was created in 2018 from the merger of the Auvinet, Baizet and AM Façons workshops in Vendée, and has expanded through the acquisition of the Mode Création design office in 2020 and the Belles Roches workshop in 2023.

December 7th 2023

The Dydesys Group welcomes InnovaFonds as a shareholder

Founded in 1998, the Dydesys Group is a diversified group, built up through acquisitions of SMEs operating in national and international niche markets. It operates mainly in the field of B2B technology products and services for the electronics and industrial monitoring sectors.

November 28th 2023

InnovaFonds nominated in the "European Small-Cap Private Equity Firm of the year" category

During the Mergermarket European M&A Awards 2023, InnovaFonds is proud to have been nominated in the "European Small-Cap Private Equity Firm of the year" category alongside 4 leading management companies.

September 18th 2023

InnovaFonds at IPEM Paris 2023!

From 18 to 20 September 2023, join our team at the Jardin des Tuileries for the 9th IPEM Paris.

July 27th 2023

Sustainability Report 2022

In 2022, InnovaFonds reinforced its commitment to Industry decarbonization by establishing a precise and concrete roadmap. This initiative encompasses several significant steps:

- The funds currently in deployment and raising stages have been categorized as Article 8 in accordance with the Disclosure - SFDR regulation.
- A decarbonization roadmap was developed to guide our portfolio companies through their energy transition. To this end, a comprehensive carbon assessment (scope 1, 2, 3) is conducted systematically for each investment, followed by the implementation of action plans aimed at reducing emissions.
- InnovaFonds led the Industry Commission of France Invest, with a specific focus on the Decarbonization of Industry task force.

Furthermore, the ongoing year has been characterized by robust activity for InnovaFonds, including the launch of a new fund and the execution of 4 new investments, further enhancing this momentum.

For 2023, InnovaFonds has set a primary goal of intensifying support for companies in their decarbonization efforts and employee empowerment, by systematizing data collection and analysis tools.

July 13th 2023

Lumiplan accelerates its growth with the arrival of InnovaFonds

Lumiplan is the leader in dynamic information solutions for local authorities in France and Europe. Their innovative solutions, based on the LumiPlay and LumiData platforms, influence behaviors, promote public transportation and active mobility, disseminate energy-saving practices, and provide alerts for public safety. With a turnover of 55 million euros and 270 employees, Lumiplan reaches 20 million people daily in France alone.

May 29th 2023

The A. Paviot group opens its capital to InnovaFonds in order to accelerate its growth

Founded in 1867, Groupe A. Paviot is a family-owned company specialized in the manufacturing of food packaging in paper and aluminum. With its industrial expertise and mastery of the value chain, the Group is recognized as one of the leaders in its sector, achieving over 20 million euros in turnover and employing 91 people.

March 10th 2023

NEOTEC welcomes InnovaFonds to accelerate its international growth

The NEOTEC Group is the European leader in the design and manufacture of rail/road equipment dedicated to the installation and maintenance of railway catenary infrastructures. It has a turnover of nearly 21 M€ on a niche market in strong development and with high added value for major international accounts and employs about 80 people.

January 19th 2023

InnovaFonds at I'PEM Cannes 2023!

We are pleased to meet you at IPEM 2023 on our stand Level 0, Stand N216.

January 1st 2023

Happy New Year 2023 !

The InnovaFonds team whishes you a great 2023 year.

December 22nd 2022

ALPEX PROTECTION wins the Small Cap International Prize of the CF NEWS 2022 Grand Prix for External Growth in Auvergne-Rhône-Alpes

Congratulations to the ALPEX PROTECTION teams, and particularly to its President Hervé Tiberghien and its General Manager Laurent Cogez, rewarded for the external growth of Majotech - HIGH PERFORMANCE FABRICS (Majocchi) by the International Small Cap Prize of the CFNEWS (Corporate Finance News) 2022 Grands Prix de la Croissance Externe Auvergne-Rhône-Alpes.

December 12th 2022

Quentin, welcome on board !

Quentin Ducouret joins InnovaFonds as Associate Director, after 15 years of experience as an investor and as a business operator.
He joins the Paris team and is responsible the deployment of the new flex strategy, which targets French SMEs in the industry and industry services sectors.

December 1st 2022

Robur acquires Molinel and triples in size with InnovaFonds

InnovaFonds is acquiring a stake in the Robur Group, a leading player in the design, manufacture and distribution of professional and image clothing for the kitchen and catering sectors, as well as for the industrial, medical and wellness sectors, in order to acquire Molinel and thus create a leading group with sales of €75 million.

November 17th 2022

InnovaFonds acquires a stake in the DMAX Group to accelerate its development

Created in June 2006, DMAX, whose head office is based in Clichy (Hauts-de-Seine), is the French leader in premium corporate and industrial moving.
With a turnover of more than 30 M€ in 2021 and more than 400 employees, DMAX is present on the French territory through 15 establishments located in Ile-de-France, Normandy, Hauts-de-France, Auvergne-Rhône-Alpes, Nouvelle-Aquitaine, Occitanie and Provence-Alpes-Côte d'Azur.

October 20th 2022

InnovaFonds completes majority takeover of Clesse Industries Group

Clesse Industries, headquartered in Cournon d'Auvergne (Puy-de-Dôme), is one of the world leaders in the design, production and marketing of equipment for LPG (Butane - Propane), Natural Gas, Biogas and Air-LPG blends. Through its entities located in France, Italy, the United Kingdom and Brazil, the Group achieves a consolidated turnover of more than 30 M€, 70% of which is generated internationally (Germany, England, Czech Republic, Switzerland, Brazil, United States...).

September 16th 2022

InnovaFonds at l'IPEM 2022 !

We will be pleased to meet you at our Booth H250 (Level 1).

September 14th 2022

Nicolas, welcome on board !

InnovaFonds expands its team with the arrival of Nicolas Bouchery as Head of Investor Relations.
A graduate of ESSEC, Nicolas Bouchery joins the InnovaFonds team after 20 years of experience in investment banking (Lehman Brothers, Credit Suisse, HSBC), where he was responsible for selling equity solutions to institutional investors in France, Benelux and Scandinavia.

September 8th 2022

Regional fund closes at €50 million Partenaire Croissance II

Building on the successful deployment of its first regional fund Partenaire Croissance I of €30M raised in 2017, InnovaFonds announces the closing of its second regional vehicle Partenaire Croissance II, dedicated to supporting SMEs and ETIs, mainly in the Auvergne-Rhône-Alpes Region.

June 8th 2022

InnovaFonds supports the deployment of the NOVAE Group's innovation plan

The Novae Group, founded by Sébastien Taveau in 2003
has a turnover of nearly €30 million and is well established internationally (France, Morocco, India, Abu Dhabi, Singapore).
InnovaFonds enters Novae's capital in order to finalize
the exit of certain historical shareholders
and the reorganization of the Group's capital structure.

June 1st 2022

Sustainability Report 2021

In 2021, InnovaFonds remained true to its ambition to actively contribute to the dynamism of the local economic fabric and to its commitment as a responsible investor :

- The FIT II fund, as well as the funds in the process of being raised, have been categorized as Article 8 according to the Disclosure - SFDR regulation and have been labeled France Relance
- A partnership has been set up with the firm I Care to support our investments in the energy transition: carrying out carbon assessments and defining action plans
- A fourth employee has joined InnovaFonds' ESG Committee
- InnovaFonds is involved in two working groups of the France Invest Sustainability Commission: decarbonization and regulation.

This year has been very dynamic for InnovaFonds with the closing of the last vehicle (FIT II), the realization of 4 new investments, 1 sale and the realization of 3 build-ups.

Our main challenge is to continue to align with the Disclosure Regulation and the taxonomy both from a compliance point of view and with concrete actions in favor of the ecological transition and social well-being.

May 28th 2022

Damien, welcome on board !

InnovaFonds strengthens its Lyon office with the arrival of Damien Demers as Investment Director.
Welcome Damien !

April 7th 2022

Alpex doubles in size and becomes the independent European leader !

Six months after its majority takeover by InnovaFonds, Alpex Protection has acquired the Italian company NT Majocchi, thus becoming the European leader in the production of high-performance technical textiles.

March 18th 2022

Victoria and Victoire, welcome on board !

InnovaFonds is expanding its investment team with the arrival of Victoria Guégan (Lyon) and Victoire Estager (Paris) as analysts to support the growth of its business, the number of holdings and new investment vehicles.

January 11th 2022

InnovaFonds structures the Chloride Spin-Off

Alongside its management, InnovaFonds is structuring the spin-off of Chloride, one of the world's leading manufacturers and developers of Uninterruptible Power Supply (UPS) systems for critical installations in the Energy, Transportation, Industry and Infrastructure sectors.

January 1st 2022

Happy New Year 2022 !

The InnovaFonds team whishes you a great 2022 year.

October 11th 2021

InnovaFonds has acquired a majority stake in Alpex Protection

InnovaFonds has acquired a majority stake in Alpex Protection alongside its management, BNP Paribas Développement and CELDA Capital Développement.

May 1st 2021

Impact ESG - 2020 Report

The year 2020 was very dynamic for InnovaFonds with the raising of the new vehicle (FIT II) and the realization of numerous transactions at the portfolio level.

- Active support for our investments in the context of the Covid 19 crisis: support for social measures, setting up of a hotline with a law firm
- Active participation in the workshops of the International Climate Initiative
- Continued integration of the Sustainable Development Goals (SDGs)
- Improved the measurement of the impact of our companies by integrating new KPIs

And for the first year, we received the highest score from the UN PRI, which gave InnovaFonds an A rating (A for the industry average).

Our main ambition is to help the companies we invest in to succeed in a world where issues such as job creation, value sharing, climate change, diversity, social cohesion and inclusion are becoming more important every day.

This is how we see our mission: to create the companies of the future.

April 7th 2021

InnovaFonds supports the formation of the Mineral Design Group

InnovaFonds, through its Partenaire Croissance I fund, is supporting the creation of the MINERAL DESIGN Group, born of the acquisition of the STONE CONCEPT Group (Marbles & Design) by the CBU GRANITS Group.

February 1st 2021

InnovaFonds invests in the Béton Solutions Mobiles Group to accelerate its development

Created in 2013 by Philippe Tibère-Inglesse, Béton Solutions Mobiles (BSM) is the independent ready-mix concrete specialist with an innovative offer of low carbon concrete already available for 4 years. To support its development and accelerate its growth, the Group is reorganizing its capital with InnovaFonds entry.

January 21st 2021

InnovaFonds sells the Physitek Group to its management supported by Andera Acto

On January 21, 2021, InnovaFonds finalized the sale of the Physitek group, a specialist in portable scientific instrumentation. The management team led by Eric Vanbalinghem becomes the majority shareholder.

January 1st 2021

Happy New Year 2021 !

The InnovaFonds team wishes you a happy new year 2021.

November 30th 2020

Fonds Industrie et Technologies II - FIT II obtains the label Relance!

Recognition of its commitment alongside entrepreneurs to develop and pass on French SMEs and ETIs.
Through the "Relance" label, InnovaFonds confirms its commitment as a responsible investor, combining economic performance, ecological transition and sharing of value creation.

October 9th 2020

A new build-up for Rail Industries !

The RAIL INDUSTRIES Group, specializing in equipment for railway signalling, supported by InnovaFonds since 2019, is pursuing its development strategy with the acquisition of SAIB, thus achieving its third build-up.

September 10th 2020

ESG - InnovaFonds rated A+ by the UN PRI!

Starting September on an excellent note!
Supporting our companies through a positive environmental and social approach is at the heart of our strategy.
The UN Principles for Responsible Investment reward our approach as a responsible investor by awarding us their highest rating.

June 1st 2020

Impact ESG - 2019 Report

The year 2019 has been very dynamic for InnovaFonds with the lifting of a new vehicle (FIT), the completion of 3 new investments, 2 disposals and the completion of 5 build-ups.
For more than 10 years, InnovaFonds has played the role of a responsible investor, convinced that adopting an ESG and Impact approach is value-creating. Its commitment has an impact positive on business, on our society and on the planet.
In 2019, we have reinforced our commitment to all aspects of our ESG and Impact approach:
✓ Adherence of the International Climate Initiative and active participation in workshops
✓ Continued integration of Sustainable Development Objectives (SDOs)
✓ Improvement of the impact measurement of our companies by integrating new KPIs and carrying out carbon audits of the entire portfolio
We were nominated for the ESG Awards by Swen in the small cap category, recognizing our position as a pioneering impact investor in our segment.
With a strengthened team and increased capital under management, we are committed to Confirm our commitment to ESG in 2020 by reconciling impact and performance.

May 28th 2020

Cerea acquires the automation systems specialist Pagès Group from InnovaFonds

On 28 May 2020, Céréa and the company management finalized the acquisition of Pagès Group, specialist in high-performance automation systems. InnovaFonds is making a significant reinvestment in this new operation.

May 18th 2020

Innovative industrial SMEs will be the future champions of employment!

Relocate the production close to the places of consumption and restart the production lines... For Anthony Dubut, Chairman of the Board of InnovaFonds, an investment fund dedicated to supporting innovative French industrial SMEs, it is urgent to think about putting industry back at the heart of the issue of returning to growth in France and Europe.

https://global-industrie.com/fr/actualites/110/les-pme-industrielles-innovantes-seront-les-futurs-champions-de-l-emploi
This approach must include innovative SMEs, which have many virtues.

May 8th 2020

L'USINE NOUVELLE - Innovative industrial SMEs will be the future champions of employment

For Anthony Dubut, President of InnovaFonds, an ambitious industrial policy will be needed after the crisis. And this strategy must not forget innovative SMEs.

April 30th 2020

Banking on small and medium-sized industries: a virtuous commitment.

L'Agefi Hebdo - Betting on private equity and more particularly on small and medium-sized industries: a virtuous long-term commitment.

April 17th 2020

Oxygenating our industrial SMEs to boost growth

Capitalizing on our pool of SMEs requires structuring an ambitious industrial policy. Considering more than just relocating production will help meet the needs of a local circular economy. (By Anthony Dubut, President of InnovaFonds)

January 28th 2020

InnovaFonds at IPEM 2020 !

We will be pleased to meet you at our Stand N° J13, Hall RIVIERA (Ground Floor).

January 21st 2020

Numalliance creates AddEaton !

Numalliance strengthens its position in the United States and Mexico through the acquisition of the assets of the American group Addition Manufacturing Technologies, renamed AddEaton by Numalliance.

January 1st 2020

Happy New Year !

InnovaFonds wishes you a wonderful year 2020.

December 17th 2019

InnovaFonds joins the International Climate Initiative

InnovaFonds joins the International Climate Initiative @beiC20 by signing the Manifesto and is committed to the fight against climat change.

November 25th 2019

INNOVAFONDS enters the RAIL INDUSTRIES group capital upon acquiring IDEMIA's railway activities

After acquiring SNIC in 2017, the RAIL INDUSTRIES group (Marolles-en-Brie) continues its development strategy in the railway signalling industry with the takeover of an IDEMIA branch of activities. Founded in September 2017 by two former investors, Vincent Menudier (21CP, Aquasourça) and Xavier Payet (21CP and Alpha PE), InnovaFonds, along with EMZ, will be investing in the RAIL INDUSTRIES group to achieve this second development operation.

October 23rd 2019

Pagès Group reinforces itself in robotics with the acquisition of Process Industrie

After taking over its Dutch competitor Polymac in October 2018, Pagès Group, major manufacturer of machines and robots for the plastic industry, bought Process Industrie company.

October 1st 2019

InnovaFonds, through its fund Partenaire Croissance I, and with Bpifrance accelerate BARTEC GROUP's development

Lyon, 1st October 2019 – InnovaFonds, through its fund Partenaire Croissance I dedicated to companies from Auvergne-Rhône-Alpes, accelerate BARTEC GROUP's development by taking a minority share with Bpifrance.

September 17th 2019

Physitek Devices acquires its German counterpart Analyticon - Servantech

Physitek Devices manufactures and distributes measurement instruments to niche markets as construction, material testing, security, laboratory. The company made its very first international acquisition by taking over Analyticon and Servantech, two German companies.
These structuring acquisitions lead Physitek Devices to becoming the European leader of handeheld devices in its sector, with a turnover of 25 M€ and 80 employees.

June 26th 2019

6th edition of the ESG Best Practices Honours by SWEN CP

InnovaFonds is very proud to have been nominated for the ESG Awards organized by SWEN Capital Partners in the Small Cap Private Equity category.

November 20th 2018

InnovaFonds supports Pagès Group in the acquisition of Polymac

InnovaFonds, a majority shareholder in Pagès Group since July 2016, is providing support to the group as its carries out its first international external growth transaction.
Based in the Netherlands, Polymac is a major manufacturer of IML - In-Mold-Labeling robots (merging the labeling and molding operations into one single process) and basket handle making machines (manufacturing and affixing of baskets handles) mainly for the agri-business market.
The structure of this acquisition allows the creation of a Group of nearly € 30 million in sales, the world leader in the manufacture of IML robots.

September 26th 2018

InnovaFonds organizes the spin-off of ECP partnering with management

InnovaFonds takes a majority stake in ECP with its Partenaire Croissance fund.

ECP (in Moirans, Isere) specializes in precision cleaning and decontamination of white room components for the pharmaceutical, medical, and industrial sectors.

June 29th 2018

Machine Pagès inaugurates its new industrial site

The company inaugurated the extension of its headquarters in Foncine-le-Haut (Jura). The investment of approximately € 1.5 million enabled the company to double the industrial site area of 1.500 m². This expansion allows Machines Pagès to significantly increase its production capacity to support its growth and improve its industrial organization.

Leader in the IML robotics market (In-Mold Labeling), the company is experiencing a sustained annual growth of approximately 20% in its sector.

May 25th 2018

CAN Group strengthens its growth strategy with the acquisition of VLM

On March 30th, 2018, CAN Group, a global player in the limited access works, signed off on the acquisition of VLM (Vertical Lifting Assembly).

March 26th 2018

InnovaFonds supports the Proxité Association

Proxité is an association dedicated to the success of youth and reinforcement of a social bonding. The association focuses primarily on high priority regional areas and young people who are either isolated or protected.

February 9th 2018

InnovaFonds supports the development of CAN Group

As one of the leaders in its sector in France, with several trade references and an international presence, the CAN Group (headquarters in Drôme) specializes in limited access-works, natural hazards and special construction works.

December 8th 2017

InnovaFonds announces the launch of a new fund

The FIT fund (Industries and Technologies Fund) is focused on capital growth and buy-out transactions. It targets industrial or service companies with sales ranging between € 20M and € 100M that are positionned for strong growth potential.

July 18th 2017

InnovaFonds takes over the Fondis Bioritech Group partnering with management and BNP Développement.

Based in the Paris area, Fondis Bioritech specializes in portable scientific instruments. A leader in property diagnostic, Fondis Bioritech is also active in the metallurgical and pharmaceutical industries, security and defense sectors.

July 5th 2017

InnovaFonds sells its stake in Icape

The management of Icape, a supplier of printed circuits boards and engineered parts, bought back the share that InnovaFonds held since 2013.
During the period, the Group increased its sales by 2.5.

June 15th 2017

Machines Pagès provides robots and innovative solutions to the plastics industry

With InnovaFonds' involvement in the company since the Summer of 2016, Machines Pagès provides innovative robotic solutions to the agri-business, medical and cosmetics industry.

May 11th 2017

InnovaFonds raises its third fund for companies in the Auvergne-Rhône-Alpes region

Partenaire Croissance I, a € 30M Fund, is dedicated to support SME's and mid-caps in the Auvergne-Rhône-Alpes region.
This regional fund with a multi-sector investment strategy, targets growth companies with sales ranging from € 5M to € 100M who can benefit from the broad experience of InnovaFonds' team in the industrial and services industries.

May 5th 2017

The Coyote Group buys back the Traqueur shares held by InnovaFonds

InnovaFonds sold all of its shares of Traqueur to the Coyote Group, a specialist in products that track stolen vehicles.

February 24th 2017

Numalliance inaugurates its new industrial site in the Vosges area

The company inaugurated the expansion of its headquarters in Saint-Michel-sur-Meurthe (Vosges). An investment of approximatively € 4M resulted in doubling the assembly facility to 8,200 m². This expansion enables Numalliance to significantly increase its production to support its business growth.
The company generates more than 85% of its revenues in its export business with an annual 15% increase in this activity. The Group nearly doubled its revenues since InnovaFonds' 2015 capital infusion.

January 5th 2017

InnovaFonds publishes its first ESG report and subscribes to PRI (Principles for Responsible Investment)

As a responsible investor, this initiative is consistent with InnovaFonds' ESG strategy that promotes the performance and the sustainable commitment of its portfolio companies and creates added value.