Crédit Agricole Private Equity Supports Exclusive Networks Acquisition

Crédit Agricole Private Equity is collaborating with Exclusive Networks on the acquisition of UK company Vadition. The acquisition is financed through a capital increase subscribed by all shareholders.

Exclusive Networks Group, based in Boulogne-Billancourt, is a European value-added distributor (VAD) specializing in security, storage, and network solutions. The acquisition of Vadition is intended to strengthen Exclusive Networks' presence in the UK and develop its storage and maintenance business.

Vadition is a VAD focusing on IT security solutions for B2B distribution. It operates in the UK with a subsidiary in the Benelux region. The IT security market in Europe is a rapidly growing sector, experiencing approximately 8% annual growth.

Crédit Agricole Private Equity acquired its stake in Exclusive Networks in July 2010. The company aims to triple its size by 2015 through strategic acquisitions like this one.