Horus Finance Expands With Andera Partners' Investment
Deal News | Nov 14, 2024 | Andera Partners

Horus Finance, a globally renowned art logistics and storage company, has announced that Andera Partners has acquired a minority stake in its Fine Arts division through its MidCap 5 fund. The investment is designed to support Horus Finance's ambitious growth strategies, particularly in international markets. The Fine Arts division, historically rooted in prestigious brands, offers comprehensive services including transportation, storage, and conservation. With 17 subsidiaries across regions like France, Switzerland, and Asia, and generating a turnover of around 225 million euros, the division is poised for further expansion. Andera Partners' involvement aligns with its strategy of supporting leading groups aiming for accelerated growth through international acquisitions. A new financing line with Pemberton Asset Management will further aid future acquisition efforts. The Da Costa Noble family and management team at Horus will retain majority ownership while focusing on enhancing service offerings and diversifying client bases.
Sectors
- Art Logistics and Storage
- Private Equity
Geography
- France – Horus Finance has a prominent presence and historical roots in France.
- International – With subsidiaries worldwide, including regions like Switzerland, Singapore, and Hong Kong, Horus Finance's operations are of international scope, and the investment aims to further enhance this global presence.
Industry
- Art Logistics and Storage – Horus Finance operates within the art logistics and storage sector, providing transportation, storage, and management of art collections.
- Private Equity – The involvement of Andera Partners in acquiring a stake in Horus Finance showcases the role of private equity in facilitating growth and expansion in various industries.
Financials
- Minority stake – Andera Partners acquired a minority stake in Horus Finance's Fine Arts division.
- €225 million – The turnover generated by Horus Finance's Fine Arts division.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Horus Finance | Target Company | Company | A leader in the art logistics and storage industry, known for its comprehensive service offerings and international presence. |
| Andera Partners | Investor | Company | A private equity firm investing in Horus Finance to support its growth and international acquisition strategy. |
| Da Costa Noble Family | Majority Owners | People | The family involved in leading Horus Finance, retaining majority ownership post investment. |
| Pemberton Asset Management | Financial Provider | Company | Providing a financing line to support future acquisitions for Horus Finance. |