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Auxiga Group

Status
Realised
Country
France
Strategy
Small Cap
Sector
Business Services
Entry
Jul-15
Exit
Dec-19
Fund
IK SC I
Website

Leader in inventory pledge services in France and Belgium

Auxiga Group provides an unparalleled know-how and a complete range of services for each phase of pledge financing, from the setup of the security agreement to the day-to-day monitoring of the pledged assets.

Since its establishment in 1919 in Belgium and 1975 in France, Auxiga Group has been a bank guarantee expert, drawing up structured and flexible credit facilities using inventories as collateral.

The Group operates through four business units: Auxiga and Sofigarant, which are the leading providers of pledge inventory services in France, Warrant, which provides the same services in Belgium and Auxicontrol, a specialist in asset control and floor check services.

Auxiga Group was acquired by the IK Small Cap I Fund in July 2015, and subsequently sold to Andera in December 2019.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Develop synergies between the different entities of the Group;
  • Enhance capabilities and diversify service offering to capture future market potential;
  • Accelerate growth opportunities through a dynamic commercial strategy; and
  • Support geographical expansion.