Initiative & Finance invests in Proferm
Initiative & Finance has bought a minority stake in France-based carpentry specialist Proferm Multitechniques, while CEO and founder Vincent Dejonghe has retained the remainder.
The GP typically invests between €2-15m in French companies.
Senior debt for the transaction was provided by Banque Populaire du Nord and Crédit Agricole Nord de France.
Initiative & Finance's backing will allow the business to support its build-up growth.
Company
Founded in 2006 and based in Douvrin, Proferm Multitechniques is a carpentry business manufacturing windows and doors built with a focus on thermal and acoustic insulation, safety, ergonomics and design. The business generated a €23m turnover in 2017 and employs 90 people.
People
Proferm Multitechniques – Vincent Dejonghe (CEO, founder).
Initiative & Finance – Philippe dilasser (investment director).
Advisers
Equity – Lamartine Conseil, Olivier Renault, Aude Marcheux, Emma Thibaud, Stéphane Buffa, Emilie Renaud (legal, financial due diligence, ESG due diligence); Oderis Consulting, Thomas Claverie, Quentin Gautier (corporate finance); Verspieren, Sophie Levron-Legentil (insurance due diligence); Apave (ESG due diligence).
Company – Banque Populaire du Nord, Marcel Bauden, Sylvain Leclercq (corporate finance); In Extenso, Philippe Théry (legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









