Entrepreneur Venture invests in Société Financière JF3H
Entrepreneur Venture has made a growth capital investment in Société Financière JF3H, the holding company of French coach travel operators Regnault Autocars and Nouvelle Aisne Tourisme.
The investor is believed to have contributed €1.5m in exchange for a 33% stake in the holding.
Company
Both companies rent coaches for travel and tourism purposes. Founded in 2002, Regnault Autocars posted a €4.5m turnover with a €88,000 EBITDA in the year ending June 2011. It employs 49 staff.
Established in 2006, Nouvelle Aisne Tourisme generated revenues of €3.6m and EBITDA of €158,500 over the same period. The company has 48 staff.
People
Bertrand Folliet and Guillaume Dhée worked on the deal for Entrepreneur Venture.
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