Completed Operations

19 September 2025

Degroux Brugère advises Capital Croissance on its acquisition of a stake in Vigians

Degroux Brugère advised Capital Croissance on its acquisition of a stake in Vigians, a fire protection specialist, as part of an MBO transaction.


This transaction enables the management team to take control of the group, with Capital Croissance as a minority shareholder. The financing round is completed by Gorgé SA, a long-standing shareholder that is reinvesting part of its shares, and by BNP Paribas Développement.


This is the fourth transaction for the CAIRN Capital III fund, which was raised at the end of 2023.


The arrival of the entrepreneurs’ club dedicated to growing SMEs and mid-cap companies aims to support the group’s ongoing structuring and development.


With four subsidiaries, Vigians offers comprehensive active and passive fire protection solutions, with recognized expertise in sprinkler systems, and is present at more than 1,200 sites in France.


Augustin Fleytoux, Willy Lao, and Maxim Khlopotin advised Capital Croissance on the legal and transactional aspects of the deal. Marguerite Galois-Boyé and Anne-Louise Cloarec provided tax expertise.


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