Along with the sector-based approach offered by XAnge Capital and the management of innovation funds specializing in high-tech companies, XAnge has added XPansion, an expansion capital fund dedicated to growth capital and investment in SMEs.
The initial financing round in July 2006 raised nearly €35 million from leading institutional investors: La Banque Postale, CNP, Mutuelle Générale, AGF, CDC PME, Macif / Mutavie, Actys II, etc.
XPansion acts as a minority shareholder and active partner in small- and medium-sized growth companies with over €5 million in sales that are profitable in the industrial, service and retail sectors.
Before the end of 2007, XPansion is seeking to increase its subscribed capital is €50 million.
