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FRANCE THERMES

Business Services·France·Exited 2018·Held 5yr

France Thermes is a tertiary company, headquartered in Normandie.

Entry
2013
Hold
5yr
Exit
2018
Est. EV
–

Who owns FRANCE THERMES?

FRANCE THERMES was owned by Initiative & Finance through Initiative & Finance FCPR I (2010 vintage) from 2013 to 2018, exited via an undisclosed route. Across its history, FRANCE THERMES has been through 3 private equity ownership periods, detailed in the timeline below.

Hand-verified · updated 2026-04-21

Initiative & Finance
Most recent investor
Initiative & Finance
Initiative & Finance FCPR I · 2010 · Buyout
3 ownership periods · full history below

Key facts

HQNormandie
SectorTertiary
Key takeaways
  • ·Held by Gimv since 2013 (13Y hold).
  • ·Average hold across 2 realized cycles: 5 years.

Ownership history

3 ownership periods · co-invest detected

Active
Currently held by Gimv since 2013.
Co-invest · 3 holders · 2013 · present
NCI
NCIExited 2017
2013 · 2017 · Major Capital · 2009
Secondary · to
MOIC
–
Gimv
GimvActive
2013 · present · Gimv Portfolio
MOIC
–
Initiative & Finance
Initiative & FinanceExited 2018
2013 · 2018 · Initiative & Finance FCPR I · 2010 · Buyout
Unknown
MOIC
–

More from Initiative & Finance FCPR I

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AKANEA
Exited 2018
TMTFrance· 2013
IDO-IN
Exited 2016
TMTFrance· 2013

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Data refreshed weekly · Sourced from public filings