NiXEN gains its independence
NiXEN gains its independence today, following the new strategic direction taken by Natixis for its Private Equity business
NiXEN Partners was formed by a merger between N.I. Partners and iXEN Partners, which were both originally subsidiaries of Natixis Private Equity. Over the past five years, the two companies have operated in similar business segments, targeting medium-sized French companies. On the strength of their shared history, they have made several joint investments, namely Saverglass, Ceva Santé Animale and Buffalo Grill.
In October 2010, NiXEN completed its spin-off by securing the independence of the management company, which is now wholly owned by its managers.
NiXEN aims to provide highly flexible solutions for all shareholding and strategic development issues. It caters for French companies operating in all sectors and generating sales of €50 M to €500 M . NiXEN invests between €10 M and €50 M per deal, working alongside highly committed company managers with an ambitious business plan.
NiXEN’s expertise encompasses a wide range of transactions:
- Growth capital: secondary equity offerings and expansion financing;
- Buyouts: OBOs, LBOs and MBIs;
- Spin-offs or carve-outs from industrial or service-sector groups.
NiXEN manages the NiXEN I fund, which comprises the original investment portfolio valued at €473 M, whose sole investor is AXA Private Equity.
NiXEN has also launched a new fund, NiXEN II, which is jointly sponsored by AXA Private Equity and Natixis, and recently completed an initial closing of €100 M.
NiXEN II has already invested €37 M in deals completed since 1 January 2010.
NiXEN manages total assets of around €573 M.