Connit is formerly owned by ENGIE New Ventures, through ENGIE New Ventures Fund, since 2016.

When did ENGIE New Ventures acquire Connit?

ENGIE New Ventures acquired Connit in 2016 and exited after 4 years.

Has Connit been sold?

Yes. Connit was exited in 2020 via Trade Sale.

Industrials·

France·Exited 2020·Held 4yr

Connit is a TMT company, headquartered in France.

Entry

2016

Hold

4yr

Exit

2020

Est. EV

–

Investor

HQFrance

SectorTMT

IoT integrator bankruptcy followed by Ubigreen acquisition Jan 2020

Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.

Full fund context: vintage, strategy, region

6 portfolio peers in ENGIE New Ventures Fund

6 comparable industrials deals from other GPs

Exit details: type, year, MOIC (buyer on Pro)

Already a member? Sign in

Data refreshed weekly · Sourced from public filings