Deals

Siparex Midcap and BPIFrance acquire Top Chrono

A provider of premium delivery services for B2B and B2B2C clients

Background

Top Chrono is a leading player in express delivery services in the Île-de-France region, achieving an average annual growth of 20% with €43 million in revenue in 2019. The group is expanding rapidly in home delivery for major e-commerce and retail clients such as Amazon, Fnac, Carrefour, Evian, and Bergamotte. It is also the market leader in B2B transport services in Île-de-France (urgent deliveries, shuttles, national/international transport) with over 4,000 clients, including many prestigious and demanding companies, particularly in the luxury sector.

Deal Summary

Adviso Partners advised the shareholders of Top Chrono on the group’s capital reorganisation with the entry of investment funds Siparex Midcap and BPIFrance.

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Bertrand Thimonier

Adviso Partners

T: +33 632693219