Capitalmind Investec has advised the shareholders of Koezio on the sale of the company to Otium Leisure

About the deal

Founded in 2006 in Villeneuve d’Ascq and owned by its founder Bertrand Delgrange and its historical shareholder, Koezio is the pioneer and European leader in action games. With five centers in France and Belgium (Lille, Lyon, Cergy, Paris-Sénart, and Brussels), welcoming over 500,000 visitors annually, Koezio offers unique immersive game experiences focused on team cohesion (aerial courses, physical and logical challenges) in spaces over 3,500 m².

With the acquisition of Koezio’s entire share capital, Otium Leisure enhances its existing portfolio comprising wellknown brands like Speedpark, Fort Boyard Aventures, Eclipso, Kojump, and Kids Empire. Otium Leisure intends to triple the number of Koezio sites in the coming years. Together, Otium Leisure’s brands represent nearly 100 locations and welcomed over 10 million visitors worldwide in 2023.

The acquisition of Koezio also enables Otium Leisure to continue its diversification strategy to become the leader in proximity leisure in Europe and the United States. By 2030, Otium Leisure aims to operate over a thousand entertainment venues worldwide.

What we did

Capitalmind Investec assisted the shareholders throughout this project:

  • Deal preparation: define possible options, define the equity story incorporated in the marketing documentation, oversee financial VDD reports, run preliminary discussions with potential partners ahead of the sales process to pre-select the most suitable partners, prepare for management presentation and due diligence, formalize management’s business plan.
  • Deal execution: set up & run a competitive auction process (coffee sessions, solicitation of indicative offers, management meetings, DD monitoring, assistance in final negotiations).

This new deal enriches Capitalmind Investec’s track-record in the consumer space.

“Koezio has revolutionized the indoor leisure market by offering innovative immersive experiences combining action, reflection, and technology since its creation in 2006. After opening 5 indoor parks that welcome over 500,000 visitors annually and continuously innovating, I have proven the resilience and dynamism of the model. I felt it was time to transfer this magnificent company to an ambitious and visionary shareholder in global leisure who can boost its development: Otium Leisure. This new alliance promises to sustain Koezio’s success with future projects in France and internationally. Given its positioning and ambitions, Otium Leisure has appeared to me like the ideal partner for Koezio. I am proud of the journey and the impact I have made in the indoor leisure sector, and I am glad that it can continue thanks to Otium Leisure and the existing management team.”

Bertrand Delgrange, founder of Koezio

“This rapprochement is the result of a mutual passion between our teams, who share a common vision regarding the quality and originality of the experiences provided, as well as a strong ambition for development in the growing European leisure market. Beyond the natural synergies with our other multi-activity centers (Speedpark) and action games (Fort Boyard Aventures), this alignment will also permit at Otium Leisure to leverage unique expertise in the creative design and gameplay of new experiences. Koezio is a brand appreciated by the public and commercial real estate operators, with a strong position in corporate events. We are proud to join forces for this new stage and to take it to new horizons.”

Quentin Moreau, Investment Director at Otium Leisure
Deal Type
Target Headquarter
April 2024