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France: Capza acquires minority stake in Respire

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Capza, a France-based European private investment platform focused on small and mid-cap companies, and part of BNP Paribas Asset Management Alts, has acquired a minority stake in France-based Respire, alongside its founders, who will retain a majority stake in the company.

“This transaction enables us to remain majority shareholders while opening a new chapter in Respire’s growth journey, with the ambition of building a global leader in dermocosmetics,” said Justine Hutteau, Thomas Méheut and Guillaume Duiquet, founders of Respire.

Founded in 2018 Respire, a developer of natural skincare products, has delivered sustained growth, driven by its R&D efforts and innovation capabilities, its omnichannel model combining online sales and pharmacy distribution, and a brand aligned with consumers’ expectations for products that are effective over the long term and more respectful of skin health.

A leading deodorant brand in pharmacies, Respire is also gaining strong momentum in the facial skincare market, across segments such as sun protection, blemish treatment and radiance.

Capza’s capital will support: “Respire in this new stage of its development, helping accelerate its growth in France and internationally and further strengthen its position as a reference in its market,” said Edouard de Beaufort – partner, and Victoire Simon – director, Capza Flex Equity.

Press release: CAPZA Partners with Respire – CAPZA

Nick Herbert
Nick Herbert
Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.
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