Qualium sells Agro-Service 2000 to Naxicap

Naxicap invested in Agro-Service alongside company president Richard Palfray and managing director Franck Piot.

Qualium acquired Agro-Service at the end of 2006. Credit Agricole CIB, Natixis and Societe Generale provided debt for the deal, according to unquote" data.

Debt
A senior debt package was arranged by CIC, Societe Generale, Banque Populaire Massif Central and Credit Agricole Centre France.

Company
Founded in 1982 and headquartered in Montmarault, Agro-Service provides non-motorised agricultural equipment.

The company operates 19 stores in the Auvergne, Bourgogne, Centre, Limousin, Midi-Pyrénées, Provence-Alpes-Côte d'Azur and Rhône-Alpes regions in France. It generates turnover of around €35m and employs 120 staff.

People
Richard Palfray is the president of Agro-Service and Franck Piot is the company's managing director. Qualium director Stéphane Vermot-Desroches and associate Nicolas Mutschler worked on the sale. Investment director Thomas Barrochin and analyst Lucas Patricot represented Naxicap.

Advisers
Equity – Périclès Avocats, Frédéric Chaillet (Legal); Exelmans, Stéphane Dahan, Manuel Manas (Financial due diligence); Orfis Baker Tilly, Vincent El Mahmoud (Social due diligence); CM-Tax, Jean-Marc Curvat (Tax).
Vendor – CM-CIC Corporate Advisory, François Messager, Christophe Kamel, Sophie Sargentini (M&A); GGSM, Marc Baffreau, Guillaume Bain (Legal); Grant Thornton, Thierry Dartus, Olivier Bochet, Elodie Lonqueu (Financial due diligence).
Management – CESIS Avocats, Dominique Rongen (Legal).

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

• Topics
• Buyouts
• France
• Industrials
• France
• Naxicap
• Secondary buyout