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Flying Eye

The Deal

Bought By
Simon Leroy and Jeremy Ladoucette
Year
2024
Vehicle
Mahogany, backed by Promax Capital Investments
Kind
Physical operations

A Biot distributor of professional civil drones that also designs applications, created in 2009 by Alexandre Thomas and Grégoire Thomas and sold by Alexandre Thomas to the pair, by the adviser's release.

What Happened Next

Still held: the company's own legal notice names one of the two its chief executive, and the adviser's May 2024 release names both as the acquiring management in a deal finalized at the end of January 2024. A regional paper of July 2024 calls both the company's new leaders, and the backer's card pairs both with the company under a 2024 acquisition year.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Promax Capital Investments

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.