Tioopo
17 juil. 2024
Targeting €80 million, Tioopo achieved its first close at 40% of its target size
London, Paris, Luxembourg, 11th of July 2024 - Created in 2021, Tioopo Capital is a multi family backed Private Equity firm specializing in niche SME investments across France and the UK.
After demonstrating a great performance over 5 acquisitions on deal-by-deal basis, Tioopo is pleased to announce the first close of its inaugural fund, “Tioopo TP1”
"Targeting €80 million, Tioopo achieved its first close at 40% of its target size backed by anchor investors and family offices across the Middle East and Europe. TP1's mission is to provide a long-term and liquid private equity approach to LPs by investing in highly profitable niche SMEs across France and the UK and maximising their value creation through a pragmatic hands-on approach. Tioopo’s TP1 has already completed its first acquisition in France under the new fund and is in exclusivity for its second investment in the UK."
Cyril Aboujaoude , Grégoire Louisy and Shahan Sarkissian , Co-Founders of Tioopo Capital, stated:
“This first close of TP1 is a testament to the team’s hard work and the quality of Tioopo’s business model. We are grateful for the trust our co-investors have placed in us and are eager to continue generating value through our SME-focused, cash-generative and dividend-paying investment thesis. Our recent acquisitions and strategic hires strongly position us to continue our mission of driving growth and creating value in our portfolio companies. We look forward to developing our franchise while targeting the best possible risk/return in the private market.”
In the past year, Tioopo Capital has expanded its team with two new senior advisors: Philippe DUVAL , former CEO of Edmond de Rothschild, and Philippe THOMAS, Dean of the Master in Finance program at ESCP Business School .