the story of Clipperton
After years of experience in strategy consulting and in investment banking already 100% focused on high-tech start-ups in the late 90s/early 2000s, the founding team formed Clipperton in September 2003.
First transaction closed with a cross-border capital raise: the $10m equity round for KXEN, a B2B predictive analytics software company with the first investment in Europe of the US corporate investor Motorola Ventures along the first investment of the newly formed French VC XAnge. KXEN got eventually acquired by SAP in 2013.
Thomas Neveux joins Clipperton.
Capital raise for leading digital media newcomer Dailymotion with Partech International and US-fund Atlas Venture.
Thibaut Revel joins Clipperton, before the opening of our London office to accompany our European coverage, leading to our first transactions with European high-growth companies such as Ad-tech Swedish company Videoplaza (eventually acquired by Ooyola in 2014) or e-commerce British player Secret Sales.
Capital raise for AramisAuto.
Trade-sale of Dailymotion to Orange for $170m.
200th mandate signed.
Capital raise for Berlin-based POS SaaS company Gastrofix with Endeit Capital and the Radeberger group.
Natixis becomes a minority shareholder, Clipperton joins their M&A global alliance to foster their tech coverage: more than 300 bankers active on every major continent – notably PJ Solomon in the US and Vermilion Partners in China.
300th mandate signed.
Opening of our Munich office.
6 cross-border M&A transactions this year including France/UK (Matooma/Wireless Logic), France/Germany (Sculpteo/BASF), Germany/Japan (NetRange/Access) and Germany/Canada (Gastrofix trade-sale to Lightspeed POS Inc for $125m).
Advised on 30 deals in 2021, of which 60% are cross-border.
Clipperton was proud to announce acting as financial advisor on landmark deals such as the $150m growth financing of DentalMonitoring led by Merieux Equity Partners, the take-private of Artefact by Ardian Expansion and the sale of Packlink to Auctane.
More to come!
It’s always tricky to find a name, especially for a newly formed company and our firm is no exception. We chose geography to nurture our imagination. Legend will say a brainstorming session led to a dart landing on the perfect spot of a world map back in the summer of 2003: Clipperton.
This French coral atoll sitting in the eastern Pacific Ocean off the coast of Central America is named after John Clipperton, a British pirate who allegedly used this atoll as a base for his raids. This name was used by France when it officially claimed ownership of this territory in mid-19th century. Funnily enough, its initial name was “Island of Passion” and even though it’s uninhabited, Clipperton is strategic for France for geopolitical reasons and is periodically visited by scientific researchers.
A French island, with an English name, what were the odds! The Clipperton name could not define us and illustrate our culture better: adventure, passion, innovation, a scientific and analytical approach, French roots but cross-border reach: we are Clipperton and those are the values we stand for.