Hexvia Secures a New Future with Argos Agreement
Deal News | Mar 17, 2025 | Argos Wityu
Argos Wityu, an esteemed European private equity firm, in conjunction with its Argos Climate Action fund, has announced a significant acquisition in the French moving services industry. In a substantial move, Argos has partnered with Bpifrance to take a majority stake in Hexvia, a leading name in the French moving services market operating under the brand Demeco. The transaction sees Argos acquire this stake from previous stakeholders, including Siparex, BPM Group, and minor financial investors. Bpifrance—known for empowering French entrepreneurs—plays a supportive role in this transaction. This acquisition highlights Argos's commitment to bolstering the sustainability and efficiency of its investments, aligning with its Article 9 SFDR-compliant fund's mission.
Sectors
- Private Equity
- Moving Services
Geography
- France – Hexvia is a prominent player in the French moving services market, and Bpifrance is a French institution.
- Europe – Argos Wityu is a European independent private equity firm.
Industry
- Private Equity – The article involves Argos Wityu, a European independent private equity firm.
- Moving Services – The transaction concerns Hexvia, a leading company in the French moving services market.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Argos Wityu | Private Equity Firm/Buyer | Company | A European independent private equity firm acquiring a majority stake in Hexvia. |
| Hexvia (Demeco) | Target Company | Company | The #1 integrated leader in the French moving services market. |
| Bpifrance | Supportive Investor | Company | A French public investment bank providing support to the acquisition. |
| Siparex | Selling Company | Company | One of the previous investors selling its stake in Hexvia. |
| BPM Group | Selling Company | Company | Part of the consortium of previous investors in Hexvia. |
| Other Minority Financial Investors | Selling Company | Company | Other financial stakeholders selling their minority stakes in Hexvia. |