BPI France and Audacia provide €3m to Hesus
Industrial pollution and waste management specialist Hesus has raised a €3m funding round provided jointly by BPI France and Audacia.
BPI and Audacia did not disclose their respective contributions to the round.
With the fresh capital, the group will look to accelerate its growth strategy, with potential international development. Hesus recently extended its activity to Bordeaux, and has mapped an extension plan including 10 of France's largest cities.
The group will also look to recruit new staff members and enhance its training programmes. Finally, it will keep on digitalising the management of building construction sites, with a strong focus on internet and mobile access to its services.
With a turnover currently sitting at €12.5m, the company hopes to reach €30m in revenues by 2018.
Company
Founded in 2008 and based in Ivry-sur-Seine, Hesus specialises in the logistics and management of polluted soil and construction materials. It managed 302 building construction sites in 2015.
Advisers
Equity – Avolta Partners (M&A); Delsol Avocats (legal).
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