Boulangerie Thierry is a specialist manufacturer of fresh bakery products to customers including high-end hotels and restaurants in Paris.

Stage Capital backed the management buy-in of Group SPM in July 2009 and supported investment in a new manufacturing facility in 2013.

The business was exited in March 2018 through a management buy-out led by CEO Guillaume Desrousseaux.

HEADQUARTERS
Senlis, France

INVESTMENT DATE
July 2009

INVESTMENT THESIS
MBI

STATUS
Realised

INDUSTRY
Food service

STAGE CAPITAL TEAM
Antoine Raoux