Cathay Capital announced today it has signed an agreement to acquire a significant minority stake in Finance Active, a digital finance solutions provider, to fast-forward its international growth. As part of the transaction, Capzanine will be selling its minority stake in the Company. The transaction involves a major investment of Jacques Descourtieux and Patrice Chatard, the Founders, as well as the entry into the capital of Finance Active of new key managers.
Founded in 2000 in Paris, Finance Active and its 150 employees provide SaaS based digital solutions to improve debt management and financial risks performances. The Company paves the way for greater digital transformation in finance through cutting-edge technologies and a strong emphasis on user-friendly processes. Its more than 10,000 users on 5 continents include businesses ranging from private SMEs to global multinationals and from local authorities to financial institutions in France and around the world.
Its activities are particularly focused on debt management with 750 billion euros under supervision, though the Company also provides guarantee, leasing and forex digital management tools. Its innovative software solutions enable a centralized and accurate view of outstanding financing instruments permanently connected to the financial markets, simulations, regulatory reports, key indicators and personalized support.
While Finance Active has been continuously developing (double digit growth) in the last years thanks to solid market trends and a diversified loyal customer base, it has also established solid expertise and innovative R&D to polish its services over many years. It now stands competitively positioned to increase its share of the global digital debt, guarantee and FX management market.
Cathay Capital will leverage its know-how and ecosystem to accelerate Finance Active’s international development, grow its client portfolio and help the Company become a global leader. Cathay’s extensive experience in M&A and build-ups will also be an important strategic asset.
Jacques Descourtieux and Patrice Chatard, co-CEOs of Finance Active: “We are delighted to join forces with Cathay Capital. Over the years we have earned the trust and recognition of a broad range of businesses and sharpened our expertise to the point that we feel confident our global expansion can now successfully accelerate thanks to Cathay’s know-how and unique platform.”
Edouard Moinet, Co-founder and Managing Partner of Cathay Capital: “Finance Active is at the forefront of the digital transformation of finance. The Company, its management team and its services consistently receive outstanding feedback from its stakeholders. We are very excited to now support Finance Active in the acceleration of its development and serving as a catalyser in the company’s path to become a global leader in debt management solutions.”
About Finance Active
Founded in 2000, Finance Active operates in four main fields: debt and investment management, foreign exchange risk management, guarantee management and financial forecasting. Finance Active offers a unique approach that combines online collaborative management platforms; its solutions are continuously connected to financial markets and are specially designed for companies, local authorities and financial institutions. With a turnover over €20M and 150 employees in France and abroad, Finance Active is a founding member of France Fintech. More information at: www.financeactive.com
About Cathay Capital
Cathay Capital Private Equity is a leading international private equity firm focused on cross-border investment and committed to supporting the international expansion of middle-market companies in North America, China and Europe. The firm’s team of 90 professionals is based in New York, Shanghai, Beijing, Paris, Munich, San Francisco and Tel Aviv and leverages its unique business model and platform to create value for companies across three continents. With $2.5 billion in assets under management, Cathay Capital Private Equity has completed over 90 buyouts and growth capital investments across three continents since its inception in 2007. Cathay Capital Private Equity invests in and assists middle-market companies in the consumer goods and services, healthcare, business services and technology industries. For more information, please visit www.cathay.fr
Finance Active: Jacques Descourtieux, Patrice Chatard
Capzanine: Maxence Radix, Sabine Barral
Cathay Capital: Edouard Moinet, Jérémie Falzone, Victor de Tracy, Thierry Auzel
Financial Advisor – Natixis Partners: Nicolas Segretain, David Feiner, Adrien David
Financial Due Diligence – Deloitte: Thomas Fischer, Aurélien Louis
Commercial Due Diligence – PMSI : Rémi de Guilhermier
Legal – Volt Associés: Lucas d’Orgeval
Financial Due Diligence – Oderis: Julien Passerat, Stéphane Fersing
Commercial & Strategic Due Diligence – Indefi: Julien Berger, Nicolas Lamour, Mehdi Belefqih, Tatiana Amorelli, Yannick Hamida
Legal & Tax – Hogan Lovells: Stéphane Huten, Ludovic Geneston, Sophie Han, Alexander Premont, Luc Bontoux
For Cathay Capital
Yoann Besse – Citigate Dewe Rogerson
+33 1 53 32 78 89
For Finance Active
+33 1 55 80 55 43