Natixis Partners advised the founder of Klubb Group on the sale of a minority stake to Andera Partners

Natixis Partners advised the founder of Klubb Group on the sale of a minority stake to Andera Partners alongside the Management team. The operation will enable the Group to pursue its strong growth, both in Europe and internationally. Founded in 2001 by Julien Bourrellis, Klubb Group is the European leader of vehicle-mounted aerial work platforms. Historically positioned as a pure distributor, the Group has experienced a strong acceleration since its switch in 2015 towards a constructor business model: Klubb has become a designer, manufacturer, and assembler of its own lifting arms. Operating in France, the United Kingdom, and internationally via its distribution network covering 40 countries, Klubb’s turnover amounts to €120 million with over 400 employees. Backed by its new shareholder, the Group aims to consolidate its European leadership by widening its yet significant product range and by strengthening its geographical coverage in new territories, both through robust organic growth and targeted acquisitions.