This operation, led by Edmond de Rothschild, has enabled Sébastien Luyat to take control of the group by organizing the departure of its former joint shareholder. Crédit Mutuel Equity is working alongside the group as a minority shareholder for its equity reorganization, investing 4.7 Million €. This first stage also allows 3 key managers to become equity partners: the Sales Director, the Financial Director and a Branch Manager. A debt has been raised with Société Générale completes the financing of this first equity operation.
Aiming high: a turnover of 100 Million € by 2022
Axialease intends to continue its growth strategy in an expanding market, where companies increasingly value flexibility and services offered by evolving rent contracts. Sébastien Luyat plans to reach a turnover of 100 Million € by 2022, combining organic growth with consolidation on a highly fragmented market.
"We have entered in new stage of our development. We have the green light. A large number of projects have already been launched, such as extending our offer to new business sectors, opening agencies (8 in France and 1 in Belgium to date), continued development in Europe, new partnerships with certain key suppliers, opportunities of external growth operations etc. We are so happy to be able to rely on a benchmark partner such as Crédit Mutuel Equity in this acceleration phase", Sébastien Luyat, the Chairman of Axialease, told us.
"Axialease is a flexible player that offers the complete range of evolving rental contracts. We have been convinced by its management team, which is fully growth-oriented, and shows great potential in both organic and external growth; in digital, the extranet called Marylease has been validated by distributors. We are reassured by the strong relationships Axialease has built up with equipment suppliers, setting up joint ventures with some of them. We are proud to be able to work alongside this group so that it can emerge as a major player in this sector", Franck Thouroude, Senior Principal at Crédit Mutuel Equity, has added.
Crédit Mutuel Equity
Crédit Mutuel Equity Consultants
Legal and Structuring Expertise: Duteil Avocats
Financial Audit: Grant Thornton
Tax Audit: CMS Francis Lefebvre
Social Audit Social: Fromont Briens
Cybersecurity Audit: CEIS
Information Systems Audit: Make It Work
Sébastien Luyat, Chairman
M&A Consulting: Edmond de Rothschild Corporate Finance
Legal and Structuring Expertise: Villechenon
Legal and Structuring Expertise: CARDS
Debt: Société Générale Corporate & Investment Banking
Press contact Crédit Mutuel Equity:
Résonancemedia - Véronique Richez-Lerouge
Mobile phone: +33 (0)6 14 63 90 00 - Phone: +33 (0)1 42 76 96 82