Isatis Capital invests €3.85m in LM2S

Company CEO Alexandre Guesdon sold part of its shares in LM2S, enabling Isatis Capital to take a minority stake in the business.

The group, which was founded in 2006 and has grown steadily since then, is now looking to speed up its progression in France and to potentially extend its offering to other European countries, which could involve a number of bolt-on acquisitions.

LM2S achieved a growth rate in excess of 20% in 2015, with a current turnover of €9m.

A €4m senior debt package was part of the transaction, provided jointly by Credit du Nord, BNP Paribas and Societe Generale.

Company
Via its product Pudo, LM2S offers logistics services such as continuous tracking. LM2S has 188 storage platforms in France, providing storage and delivery of spare parts as well as the accommodation of technicians in on-site offices.

The company also provides technical maintenance services on-site as well as warehouse logistics. LM2S handles 68,500 transactions monthly. The company works with all modes of transport, including rail, road and air freight. 

The company is headquartered in Villeneuve-la-Garenne near Paris and employs 40 people. It generated a turnover of €9m in 2015.

People
Isatis Capital – Bertrand Limoges (associate director); François-Xavier Lehman (business development manager).

Advisers
Equity – Oderis Consulting, Aurélien Vion, Stéphane Fersing (financial due diligence); Bonna Auzas Avocats, Sigmund Briant, Jean Cagne (legal); De Pardieu Brocas Maffei, Matthieu Candia, Jean-François Pourdieu (legal).
Vendor – Linkers, Philippe Laurent, Florent Coudray (corporate finance); Cléach Avocats, Cyrille Decavele (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Support services
• France
• Buyouts
• France
• Isatis Capital
• Owner buyout