Deals

Completion Date
December 2011

Transaction Type
Development Capital

Transaction Value
€115 million

Lead Partner
Michel Degryck
Telephone +33 148 246 300

Background
Groupe Gorgé is a French engineering service company specialized in defence and aeronautical robotics, nuclear protection solutions and industrial engineering services. The group has generated €197.1M revenues and €12.2M EBIT for FY2010A with a sound balance sheet. Groupe Gorgé is controlled by the Gorgé Family and is listed on Euronext Paris.

The transaction consists of a private placement for €8,6m and the sale of treasury stocks for €1,5m so that Groupe Gorgé cash is increased by €10m to finance its external growth strategy.
After completion of the transaction, the main two shareholders are the Gorgé Family (65,5%) and FSI (8,4%).

What Difference Did We Make?
Capital Partner is a long-term partner and advisor to Groupe Gorgé, with several transactions (buy-side, sell-side and corporate finance services) advised on since 2006.
The transaction was agreed in a very short-time frame (less than 2 months) thanks to Capital Partner in-depth knowledge of the company and the strategic fit between Groupe Gorgé and FSI investment criteria.