DDA & Company advises Pixagility in a sponsorless capital reorganisation transaction.

Following a competitive process, DDA & Company assists in the reorganisation of Pixagility Group’s capital. As part of the operation, the historical investors have sold their shares. Ronan Lunven, founder, strengthens his position in the capital and welcomes Philippe Monzein, former Chief Operating Officer, promoted to CEO.

The OBO’s operation (“Owner Buy-Out”) is supported by Banque Populaire Rives de Paris and Société Générale, participating in the senior debt, as well as Caisse d’Epargne Ile-de-France and Haut-de-France participating in mezzanine debt.

Pixagility is a multi-service video platform that provides a technical link between producers, content owners and broadcasters by delivering and facilitating the deployment of audio-visual content. The group has an infrastructure and numerous points of presence around the world connecting Europe, Africa and the entire French-speaking world. To this end, Pixagility has a subsidiary in Abidjan that enables it to support French and local telecom and media in many African countries.

With this operation, the founder Ronan Lunven intends to prepare his managerial succession and also to accelerate the development of the group by enriching its offer and expanding its area of intervention in Europe and Africa where the group is already present through its Ivorian’s subsidiary.

Ronan Lunven, Founder and Pixagility’s Chairman, says: “I am very pleased with the completion of this operation which is a new step in the Pixagility’s life. I have full confidence in Philippe Monzein with whom I worked for many years in order to continue the development of the company with me and eventually take the helm.

DDA& Company’s teams have demonstrated an indisputable know-how in the execution of this operation, with the best interests of all and in record time.”

Philippe Monzein, Pixagility’s Group CEO, explains: “This operation is a continuation of a collaboration of more than 8 years with Ronan Lunven at Pixagility. I am grateful for the trust he has shown me. The entire Pixagility team is totally committed to continue our development.”

About Caisse d’Epargne Ile-de-France Mezzanine

CEIDF Mezzanine is a regional investment company founded in 2021 at the initiative of the Caisse d’Epargne Ile-de-France. Through nondilutive quasi-equity investments, it contributes to the financing of regional companies in their growth and transfer. With €100m in equity by its parent company, CEIDF Mezzanine aims to invest in transactions involving small and medium-sized companies in the Ile-de-France region with sales between €5m and €100m and with real potential for growth and profitability. It can invest up to €10m on its own. Beyond that, it can mobilize additional resources within Groupe BPCE. Concerned to preserve the independence of the management of the companies in which it invests, CEIDF Mezzanine acts as a local partner, making proposals without interfering in the day-to-day management of their business.

CEHDF Mezzanine is a regional investment company founded in 2014 at the initiative of the Caisse d’Epargne Hauts de France. Through non-dilutive quasi-equity contributions, it contributes to the financing of regional companies in their growth and transfer. It invests in operations involving SMEs/ISEs in its territory and neighbouring areas (Belgium and Ile de France) with sales of between €5m and €100m and with real growth and profitability potential. It can invest on its own up to €5m in the first round and reinvest in subsequent rounds.

About Pixagility

Founded in 2009, Pixagility is one of the leaders in the French market for international video content delivery. With 40 employees and a rapidly growing turnover of €5.5m, the Group offers very high value-added technical services – capture and delivery of video channels and programs, VOD and Replay broadcasting, broadcasting control room, graphic creation of promotional visual content – which meet the needs and challenges of audio-visual players. This wide range of expertise has convinced major players in the digital ecosystem to entrust Pixagility with the distribution of content in France as well as on the International stage: Altice Group, Canal+, Orange, Alchimie, Can’l, RMC Sport…