Groupe Open (ENXTPA:OPN) acquired IZBERG SAS from founders, the Alven Capital Partners and various minority shareholders on January 8, 2019. IZBERG SAS had revenue of €1.3 million for the year ended 2018. Clipperton Finance Limited acted as financial advisor to the sellers. Solegal acted as legal advisor for Open. Frédéric Lerner and Pierre Hesnault of Orsay Avocats acted as legal advisors for IZBERG. Chammas & Marcheteau acted as legal advisor in the transaction. Groupe Open (ENXTPA:OPN) completed the acquisition of IZBERG SAS on January 8, 2019.