Ardian to reinvest in BricoPrive.com's capital

Founded in Toulouse in October 2012, Bricoprivé.com offers a wide range of professional-quality products at promotional prices which are among the lowest on the market through seven to eight new sale offerings per day. Thanks to this market position and to the founders' expertise, the company has shown rapid growth, with nearly €55 million in turnover.

Commenting on the investment Julien Boué, co-founder of Bricoprivé.com said: "At the beginning of 2016, we opened offices in Barcelona which gave us the local presence we needed in the Spanish market to reinforce our relationships with local sales departments and brands. Now, we plan to replicate this success by breaking into the Italian market and developing localized offerings. Having Ardian as a partner and shareholder on our expansion journey has been essential in maintaining profitable growth levels."

Beyond international development, this investment will ensure Bricoprivé continues to provide the high-quality service which its reputation is built on. Marc Leverger, Bricoprivé.com co-founder explains: "This investment also allows us to expand our service offering to the advantage of both our customers and the brands which we offer, for example, through logistical tools which will permit shortened delivery times and facilitate communication with vendors." 

Laurent Foata, Head of Ardian Growth, adds: "This reinvestment solidifies our position as a long-term investor, capable of supporting ambitious entrepreneurs at critical moments in their companies' growth. The Bricoprivé team has delivered remarkable growth, and has a truly distinctive vision and perspective of the market."

According to Romain Chiudini, Senior Investment Manager at Ardian Growth: "Beyond the international expansion and the development of new services, this investment permits us to fulfil our strategy for further external growth."