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Restoration services

Vespa Capital sold its investment in Vitale Assistance in 2017

Business Profile

Number 2 provider of emergency assistance and renovation services after fire and water damage on behalf of insurance companies for residential properties in France.
300 employees servicing 7,500 claims per year.
Private company recapitalisation / primary MBO.

Key Strengths

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Vespa Capital sold Vitale Assistance in July 2017.

Strong management team.
Growing market with substantial barriers to entry.
Framework agreements with the significant insurance companies.

High volume of small renovations delivered to a high quality.
Clear growth opportunity from achieving national coverage.

What Vitale Assistance Says

This deal allows Vitale Assistance to further develop whilst in partnership with an investor that will give the support and financial means required to extend our coverage to the rest of France. We chose Vespa Capital for their entrepreneurial vision and their experience will be invaluable in forming and delivering the new strategy.

Alain Tanguy, CEO, Vitale Assistance