Pléiade Investissement’s activities
in a few headlines

Neatech Group continues its development with the acquisition of Alphasud Radio, the leader in B2B professional radios and a specialist in radiocommunication solutions (handheld radios, transceivers, communication network management systems, active hearing protection solutions, etc.). This acquisition complements the group’s offerings for its industrial clients. Neatech Group now reaches nearly 30 million euros in revenue, in line with its ambition to reach 50 million euros within 3 years.

Euromip joins forces with Neatech Group through the contribution of 100% of their shares by Pléiade Investissement and its CEO, Jean-Philippe Louis. Neatech Group thereby strengthens its financial resources to accelerate its ambitious development and consolidates its technological expertise while diversifying its offering of critical solutions for industrial clients: power, protection, human-machine interfaces, wireless connectivity, embedded systems, time-frequency solutions, connectors, and more. The new entity now consolidates a turnover of €23 million and aims to reach €50 million within the next three years.

Generix Group is accelerating its transformation with  two acquisitions made in recent months: DDS Logistics, a Transport Management System software publisher, in November 2023, and Keyneo, a software publisher specializing in omnichannel commerce, in May 2024. With these external growths, Generix Group asserts itself as a world-leading SaaS provider for end-to-end digitization of companies' supply chain, commerce, and finance functions. Raphaël Sanchez, previously Chief Revenue Officer, took over the leadership of the group in February 2024, succeeding Aïda Collette-Sène. Since her arrival as CEO in 2018 and her promotion to President in 2022, she had laid the foundations for the transformation.

After the acquisition of RBS's mobile and collaborative activities and the purchase of SwingMobility, Divalto acquires Flexio, a pioneer and historical player in No Code in France. Created in 2016 and based in Besançon, Flexio is a web and mobile solution that allows the creation of custom business solutions in a few days without any development knowledge : personalized digital forms, connection and enhancement of GED data, IoT, management software, task automation, etc  

Quiétalis Group continues to expand its network with the acquisition of ETH, a company based in Biarritz with specific expertise in high-end catering. The manager, Laurent Schlachter, will remain with the group to support the transition. The consolidated group reaches a turnover of about 90 M€.

Pléiade Investissement has taken a minority stake in the TVA group to provide long-term support for the development projects of 3 entrepreneur-farmers, in particular the operation of a state-of-the-art mushroom farm, which started operations in early 2023. The group comprises 4 main activities: (i) the production of tomatoes grown with the ecoserre® system, distributed under the brand "Les Paysans de Rougeline", and meeting compliance with HVE3 and zero pesticide labels; (ii) the production of pesticide-free mushrooms under the Cabane & Cie brand; (iii) the production of organic open-field cereals on more than 900 hectares in the Gironde region; and finally (iv) energy production.

Having been the main shareholder of Generix Group for 20 years, Pléiade Investissement joined forces with Montefiore Investment and the management to take it private through a public takeover bid, followed by a squeeze-out procedure. The financial operation was completed with the setting up of a unitranche loan which will notably contribute to the financing of growth. Jean-Charles Deconninck, who was the architect of the transformation of a regional software publisher into an international player in supply chain management, remains a minority shareholder and honorary president. He also becomes a shareholder of Pléiade Investissement. Aïda Collette-Sène, General Manager of Generix Group for 4 years, becomes its President and reinvests with the management team.

After 16 years at the head of the group, Thierry Meynlé hands over the operational presidency to Jérôme Virey, previously Chief Executive Officer, and takes over the presidency of the Supervisory Board. Thierry Meynlé will continue to carry out support missions related to innovation and institutional relations. In this context, the capital reorganization operation, through a 5th LBO, allows Jérôme Virey, the Executive Committee and key employees to strengthen their capital ownership. Pléiade Investissement has held a stake in the company since 2006, when the founder left the company, and remains the group's reference shareholder. Thierry Meynlé keeps a significant stake and becomes a shareholder of Pléiade Investissement.

Pléiade Investissement becomes shareholder of PSI Environnement alongside its CEO, Nicolas Tarrene, to support the business plan. The group is specialized in the management and treatment of industrial waste. It is involved at each stage (collection, recovery, storage, packaging, etc.) and on all types of waste: hazardous, non-hazardous, inert, asbestos …. With several sites in the Tarbes region, it processes more than 85% of its waste in-house and it operates its own waste analysis and characterisation laboratory.

Pléiade Investissement  invests alongside the managing team to support the development plan throughout France. Go2roues is the leading multi-brand distributor of electric scooters and motorcycles in France. The company distributes its products through an e-commerce website and shops in Paris and Bordeaux. The company also offers home delivery, rental, maintenance and repair services. The objective is to open ten additional shops in Paris and all over France.

Quiétalis Group pursues its expansion with the acquisition of FRACIM in the Greater Paris region. The two shareholders / managers remain within the group to support its ambitious development plan. The group will reach a consolidated turnover of nearly 85 M€ in 2022.

Quiétalis Group further strengthens its network in the PACA region with the acquisition of the companies Rescotech and Sfecc located in the area of Nice and Toulon. The two founders remain operational in order to support the successful commercial and managerial transition. The consolidated entity will reach a turnover of nearly €70 million in 2022.