Thibaut de Chassey and Edouard Thomazeau, formerly managing partners at Atria Capital Partners, have set up a new private equity company, Atlon Capital, Financial News reports. Atria Capital Partners is a French private equity firm.

Alton is aiming to garner €200 million for its maiden fund. It will target French companies with an enterprise value ranging from €30 million to €150 million. Atlon has hired placement agency Axonia Partners to help in fundraising.

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