1
play

1 A long established mid-market player Abnex is present on the - PowerPoint PPT Presentation

Jan 12, 2023 •1.06k likes •1.22k views

Strictly Confidential 1 A long established mid-market player Abnex is present on the French Private Equity and LBO market since 1992 and manages Paris office third-party funds since 1998 In 2008, the Managing Partners of ABN AMRO Capital

  1. Strictly Confidential 1

  2. A long established mid-market player Abénex is present on the French Private Equity and LBO market since 1992 and manages  Paris office third-party funds since 1998 In 2008, the Managing Partners of ABN AMRO Capital France achieved their own LBO  In 2009, Abénex became the first mid-market player to set up a dedicated Operational Team  Lyon office Since 2015, Abénex is accredited by the AMF as real-estate investor (“OPCI”)  We are currently investing Abénex V , a € 425m fund raised from French and international  institutionals and private individuals (with additional capabilities available through co-investment) € 7.0bn € 1.2bn+ 24 transaction invested professionals 2018 value Lower mid-caps 67 135 6 Private Equity Fund transactions build-ups successful public-to- of the year (France) private deals 2

  3. Our investment strategy Target companies Investment criteria Companies based out of Target Enterprise Value:   France, Switzerland or 30% 50% 20% Between € 30m and € 300m  Benelux transactions with transactions with transactions with Leaders in sectors with high  Equity investment: EV < € 50m € 50m < EV < € 200m EV > € 200m  barriers to entry Between € 10m and € 100m  Growth potential (in France  and internationally) Investment horizon:  Opportunities for market  50% / 50% consolidation and growth Up to 7 years depending on the target’s project  through acquisitions majority / minority holdings Potential for operational Majority and minority holdings   improvement A proven ability to build together the right transaction, understand the company’s environment and adapt to the seller’s objectives (families, founders, managers, large corporates) 3

  4. Our track record Cross industry / sector expertise INDUSTRIES & CONSUMER GOODS & BUILDING SERVICES MATERIALS Growth Majority Buy-in Operational Minority optimization Buy-out BtoB SERVICES & DISTRIBUTION HEALTHCARE TECHNOLOGY 4

  5. An operational mindset A PROFESSIONAL PARTNERSHIP BASED ON TRUST A DEVELOPMENT PROVIDER No interference in day-to-day management Strong willingness to develop turnover and   profitability through internal or external growth Involvement in strategic decisions  Expertise provided to managers to support their  Active Board member  build-ups Limited number of investments followed by each  Industrial and financial awareness, sectorial skills  professional Proven support to international expansion  A DEDICATED OPERATIONAL TEAM A SYNERGISTIC PLATFORM At the request of Management, support in the Development of synergies between portfolio companies: operational implementation of key value-added projects: Creation of a Purchasing Club  Development (organic and external)  Centralization of non-strategic purchasing volume  Cost optimization  Negotiation of preferential terms  Process improvement  Key recruitment / reporting  5

  6. Abénex REIM – A dedicated real-estate team RATIONALE TRACK RECORD Since 2015, Abénex acts as a real-estate investor  Rely on the strong operational Real-estate Investment fund management (“OPCI”)  knowledge built over the years through Set up of two dedicated “OPCI”: acquisition of two retail portfolios of respectively € 55m  buy-out investments in companies with (27,000 sqm, 14 assets) and € 150m (75,000 sqm, 38 assets) underlying real-estate assets 2 dedicated professionals  ASSET, PROPERTY & FUND MANAGER APPROVED BY THE AMF Diversified real-estate investments (type and risks)  Equity investments size of € 15m to € 80m  Targeted opportunities:  Asset portfolio Logistics assets Retail Offices With value creation Mainly located in the Shopping centers, retail Located in major French cities potential French logistics corridor parks, independent sites with a value creation driver 6

  7. A complementary team of 24 professionals MANAGING PARTNERS Hervé Claquin, 68 Olivier Moatti, 49 Patrice Verrier, 49 Managing Partner Managing Partner Managing Partner OPERATIONAL & MONITORING INVESTMENT REAL ESTATE Johann Dupont, 42 Antoine Schouman, 42 Antoine Houël, 40 Alexis Lebailly, 28 Partner in charge of Partner Director Associate Operational team Consulting, Services Emmanuel Herbinet, 45 Noémie Thorez, 33 Partner Property Accountant Julien Keignart, 35 Mathieu Mauhourat, 37 Strategy, Industry Director Director Sofiane Touhami, 31 Manager SUPPORT Consulting, Industry Jérôme Vandermarcq, 38 Matthieu Balaÿ, 30 Director – Lyon Manager Carole Bouron, 40 Chief Accountant Vincent Gouedard, 28 Associate Private Equity Eva Haselwander, 29 Karim Hoebanx, 31 Emilie Lhommeau, 31 Associate Associate Antoine Bouvatier, 47 Support & Communication General Counsel Laurent Chevreau, 45 Edouard Jeandey, 28 Caroline Spriet, 26 Marie Valide, 56 CFO, ESG Officer Associate – Lyon Analyst Office Manager 7 Note: team ages calculated as of January 2018

  8. Our current portfolio Private education Management Banking brokerage for Fresh products Professional conference Specialty in beauty and consulting individuals retail organisation and medical hairstyling publishing Growth strategy Growth strategy Growth strategy Growth strategy Growth strategy April 2018 November 2017 November 2017 April 2017 April 2017 Funeral products Real-estate development Pharma reagents design and Ophthalmological medical Anti-counterfeiting and high- and services services manufacturing centers security solutions Operational improvement Growth strategy Growth strategy Growth strategy Growth strategy April 2017 April 2017 June 2016 October 2014 June 2013 Formworks and services for the construction Operational improvement June 2006 8

  9. Details of our portfolio (1/3) April 2018 November 2017 November 2017 March 2011 / April 2017 LMBO OBO OBO OBO Private education Management Banking brokerage Fresh products Specialty in beauty and hairstyling consulting for individuals retail € 25m in sales € 100m in sales € 45m in sales € 1,200m in sales GROUPE SILVYA TERRADE is the SQUARE is a management PREMISTA , created in February PROSOL GESTION is specialized in largest network of beauty and consulting company with 650 2016 by the merger of Central dairy, fish, fruits and vegetables hairstyling schools in France, consultants operating in France, Finances and Végalis, is involved in retail, within GRAND FRAIS stores, preparing students for a full range Belgium, Luxemburg and banking brokerage. The company is which also comprises a butcher and of qualifications in Beauty, Switzerland. the French leader in debt a grocer. Cosmetics, Perfumery and consolidation for individuals. The company is active on 3 Based near Lyon, PROSOL created Hairstyling. segments: PREMSITA relies on two the GRAND FRAIS concept and More than 4,800 students are distribution channels: (i) a direct acts as its main operator. Digital and marketing (i) enrolled each year in its 37 channel with clients identified by GRAND FRAIS consists of more colleges, in every region of France bank agencies or sourced via Process, operations and risk (ii) than 190 stores in France, Belgium and Switzerland. internet and (ii) an indirect channel management (regulations, and Italy. through franchise networks. compliance) GROUPE SILVYA TERRADE manages a broad network of more PREMISTA also manages a Strategy and organization (iii) than 3,000 professional partners - network of 80 branches in real- SQUARE ’s target customers including brands, institutes and estate loans brokerage. operate in Banking, Insurance, TMT, salons - and draws on the skills of Energy, Transport and Services. 500 educators 9

Recommend

More recommend