Growth
As an entrepreneur running an SME, your aim is to strengthen your company’s equity capital so that you have the resources to fulfil your ambitions.
Do you want to carry out a development plan without further committing your assets? Another of your concerns is the loneliness of a manager with his nose to the grindstone.
Transmission
You are looking to transfer your business in its entirety and hand it over to a new team and owner.
You want to prepare for the handover and sell part of it to create liquidity while remaining active before an optimised final sale; you want to ensure the company’s long-term future.
You want to organise the “generation change” by creating liquidity for some and allowing others to remain active partners.
As the manager of a holding company or a large enterprise, you are considering selling a subsidiary, a holding or a branch of activity.
Optimisation
Within the framework of controlled risks, Profinpar can help companies facing optimisation challenges that require capital and skills to resolve. In such cases, Profinpar can call on its pool of talented investor-entrepreneurs.
(L)MBO, MBI and OBO
Syndication
As a public or private private equity investor, you do not want to or cannot take the lead in shareholding and therefore wish to support a colleague who prefers to play an active hands-on shareholder role.
Stages of development
Targets are “mature” companies, with the exception of start-ups.
They have positive profitability and the potential to create value by implementing a realistic development plan with controlled risk.
Scale-up phases are also taken into account.
Companies in structural difficulty are excluded. This is not the case for quality companies whose business model has been undermined by the consequences of the pandemic (undercapitalisation, excessive debt burden, etc.).
Company size
The companies targeted are medium-sized. Typically, they have the following characteristics
- employing between 20 and several hundred people
- added value of at least €2m and/or gross operating cash flow (EBITDA) of at least €500,000
- a share value of between €2m and €20m.
In the case of scale-up projects, these thresholds do not apply.
In the case of companies in difficulty, an asset deal may be considered, particularly as an exit from a judicial reorganisation procedure.
Geography
Profinpar operates in Belgium, Luxembourg and northern France.
Sector
Profinpar aims to finance the growth of companies by focusing on niche or differentiated businesses (specific know-how, excellence, structuring business, brand visibility, barriers of entry, market share, etc.).
The Profinpar Fund does not have a sector preference, but the following areas of activity are considered attractive:
- Home, Energy, Security, Domotics, Materials, Environment (Greenwin)
- Food & Beverage (Wagralim)
- Technology, Technical Products & Services, Processes (Mecatech)
- B2C: Traditional products and networks & e.commerce
- Specialised services (engineering, translation, fiduciary, recruitment, industrial services, community services, etc.)
- Life sciences, health, ageing, leisure
Amounts invested
- Minimum amount of €1m – in one or more phases – and maximum of €6m corresponding to 10% of the Fund …
- … potentially increased by funds from co-investments by the fund’s investors, and funds from other partners in syndicate …
- … corresponding to ~40% to 100% of the shares …
- … therefore holdings that allow significant influence.
« The two most important elements do not appear on the company’s balance sheet: its reputation and its people. »
Henry Ford