Clipperton and Natixis Partners acted as financial advisors to Astorg on its majority acquisition of Redslim
Astorg acquires a majority stake in Redslim, a data management services provider, supporting its growth and international expansion beyond Europe
Clipperton and Natixis Partners acted as financial advisors to Astorg on its majority acquisition of Redslim, a Pan-European data management company that is leveraging its proprietary platform to harmonize and aggregate fragmented databases.
Thanks to this new partnership with Redslim, Astorg will support the company’s growth, including a plan to accelerate R&D and platform investments and drive growth beyond Europe and existing verticals.
This deal highlights Clipperton’s proven expertise in advising innovative companies that drive the retail industry’s evolution through advanced technologies. Clipperton has advised several players digitizing retail along the value chain, may it be software players or tech-driven service providers. Recent transactions include Mobsuccess’ LBO with Siparex Midcap, the sale of Kamino Retail to Equativ, and In The Memory’s sale to VusionGroup (formerly named SES-imagotag).
ABOUT REDSLIM
Redslim, founded in 2013 and based in Zug, Switzerland, provides data management services, leveraging a proprietary technology platform, focusing on Consumer-Packaged Goods and Consumer Healthcare segments. With over 100 employees, Redslim aggregates and optimizes data consumption for over 30 global organizations. The company has been backed by Andera Acto since the beginning of 2023.
DEAL RATIONALE
Thanks to this new partnership with Redslim, Astorg will support the company’s growth, including a plan to accelerate R&D and platform investments and drive growth beyond Europe and existing verticals.
The investment will be part of Astorg’s Mid Cap portfolio, its sixth portfolio company and the third in software and technology. Redslim has been growing its sales by 30% to 40% every year for the past four years, reaching around €13 million in 2023, according to the estimates, and counting on nearly €20 million this year and €25 million in 2025.
DEAL TEAM
Clipperton
- Nicolas von Bülow, Managing Partner
- Olivier Combaudou, Partner
- Lucas Pingard, Vice President
- Camille Servant, Analyst
Natixis Partners
- Driss Mernissi, Managing Director
- Pierre Ruaud, Managing Director
- Dorian Cherruault, Associate