Edmond de Rothschild Capital Partners has sold its stake in French vehicle rental business Via Location to Paris-based Weinberg Capital Partners.
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This is Weinberg’s fifth investment since it was founded in July 2005. The firm invests in mid-market European companies, principally in France and southern Europe, through its €420 million ($559 million) fund.
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Edmond de Rothschild Capital Partners is the Paris-based venture capital business of Edmond de Rothschild Group and has more than €200 million under management.
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Via Location generated sales of €127 million in 2006 and employs more than 700 people.