LD&A Jupiter advises Iris Capital on the sale of its Oodrive shares to R Capital Management

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  • Sector
    Software/SaaS Cybersecurity
  • Our Mission
    Exclusive financial advisor to Iris Capital

Secure Cloud Management

Oodrive reshuffles its shareholding structure and starts a new development phase. European growth equity fund R Capital Management replaces Iris Capital.

Oodrive is the European leader in Cloud file management. A pure Saas player, Oodrive has generated EUR 25m of revenues last year with a 25% annual growth rate on average over the past 5 years. Oodrive has offices in 9 countries, serving over 14,500 customers and 1m users. On a market expected to consolidate in the coming years, Oodrive will benefit from its new shareholders support to accelerate its growth and consolidate its positions.

Guillaume Meulle of Iris Capital declared: “We are very satisfied with the transaction. Iris exits in excellent conditions while Oodrive’s new shareholding structure will help bolster its growth strategy.” The investment in Oodrive fits well with R Capital Management strategy to acquire stakes in fast growing companies with a leading position on their market. “We are very pleased to support the team in its growth strategy in France and Europe. Our network in 37 countries will be an accelerator for the Oodrive Group” says Jean Michel Beghin, Managing Partner at R Capital Management.

“It’s a real advantage for Oodrive to be backed by a prestigious investor such as R Capital Management. With the financial and strategic support of both Time Capital and R Capital Management, we will accelerate our growth strategy in Europe and Asia” says Stanislas de Rémur, CEO of the Oodrive group.

“Since the start of the year, this is the 5th transaction led by LD&A Jupiter. It demonstrates our capacity to implement tailored solutions for European leaders and their shareholders throughout their development” says Matthieu Rosset, Managing Partner at LD&A Jupiter.

About Oodrive

Oodrive is the largest and the fastest growing European provider of cloud based file management services. Oodrive has 220 employees in 7 countries, 40% of them in R&D. Its solutions are used by 14 500 companies and over 1 million people in 90 countries worldwide.

About LD&A Jupiter

LD&A Jupiter identifies, structures and executes value-creative private and public market transactions for corporations and financial investors. Transactions include build-ups, mergers, acquisitions, divestitures as well as the issuance of equity or dept capital for customers from the Software, IT Services, Telecoms, Internet/Digital Media, Gaming, Customer Care, Electronics and Cleantech industries.

With offices in London, Munich and Paris and a strong reach across the continent, LD&A Jupiter offers a pan-European coverage and a unique combination of cross-border capabilities and know-how.

About Iris Capital

Iris Capital is a pan-European venture capital fund manager specializing in digital economy. Since its inception in 1986, the Iris Capital team has invested more than €900 million in more than 200 companies. Iris Capital targets opportunities in service or technology companies, seeking growth capital in order to realize their strategy. It provides active support to its portfolio companies on the basis of its strong sector specialization and experience, and has offices in Paris, Düsseldorf, San Francisco, Montreal, Riyadh, Dubai, Beijing and Tokyo. In 2012 Iris Capital has entered into a strategic partnership with Orange and Publicis to manage their joint venture capital initiative.

About R Capital Management

R Capital Management is a European growth equity firm sponsored by Rothschild and managing funds backed by leading European institutional investors.

R Capital Management targets first-class international projects to finance organic growth or build-up strategies, or to cash out existing shareholders.

Specific sectors of interest include Information Technology, Healthcare, and Energy. In each of these sectors, its team, made up of investment professionals, provide insights and expertise through its entrepreneurial and operational background.

About Drake Star Partners

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.


*Partner Offices