Omnes Capital has made its first buyout since rebranding from Crédit Agricole Private Equity four months ago, taking a 40 per cent stake in Unafinance.
The French business operates in the metalwork, locks and security market through Unitecnic, and in ventilation, fire safety and natural smoke extraction via the company Comtra.
The company generated sales of €9.4m in 2011 and has 55 employees.
Omnes invested from its LCL Régions Développement and CAPE Région Expansion funds. The management buy-in was made alongside Antoine de Miramon and Eric Beaudru, who have become chairman and chief executive officer respectively.
Omnes came out from under Crédit Agricole in March and has since funded venture rounds and bolt-ons for existing portfolio companies. This is its first primary private equity play since then.