Alliance Entreprendre, BPI France buy Copac in SBO

Alliance Entreprendre led the investment, acquiring more than 50% of the company on its own.

Copac’s former president Yannick Monnier and French GP Ciclad, which bought the business in 2010, sold their stakes in the business. The management team, led by Denis Guinard, will retain a minority stake in the company.

CIC Banque Privée and BNP Paribas provided debt for the transaction.

The business has more than doubled its revenues since 2009, when it posted a turnover of €8.1m.  

Company
Established in 1990, Copac designs, rents and sells safety equipment for construction workers. Based in Ennery, the company generates a turnover of around €20m and has 75 employees.

People
Copac - Denis Guinard (CEO).
Alliance Entreprendre - Laurent Colléatte (director).
BPI France - Ménelé Chesnot (investment director).
Ciclad - Nicolas Rostand (partner).

Advisers
Equity – Exelmans, Stéphane Dahan, Manuel Manas, Thomas Charmeau (financial due diligence) ; Gibson Dunn, Judith Raoul-Bardy, Sandra Bouchouareb (legal).
Management - Delaby & Dorison, Emmanuel Delaby (legal), BGB & Associes, Alexandre Gaudin (legal).  
Vendor - DC Advisory, Alexis Matheron, Thomas Brulé (corporate finance); HPML Thomas Hermetet (legal).

 

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