Mont-Saint-Guibert, 31 May 2017
The Minafin group now has a new pool of minority financial investors incorporating Edmond de Rothschild Investment Partners, Siparex, CM-CIC Investissement and Croissance Nord-Pas de Calais.
Founded in 2004 by Frédéric Gauchet, Minafin is an international group operating in the chemicals sector, including associated services. The group is mainly active in the development and industrial production of active pharmaceutical ingredients and key components used in the life sciences and high-tech sectors. With an expansive range of expertise and proprietary technologies structured around 5 distinct brands, Minafin has established itself as a chemicals specialist in each of its activity sectors. Since its founding the group has enjoyed strong growth, both organic and external. Currently located in Europe and the USA, Minafin posted consolidated revenue of 159 million euros in 2016.
This capital restructuring offers liquidity to the current minority financial shareholders, namely Matignon Investissement, CM-CIC Investissement, Croissance Nord-Pas de Calais and Cathay Capital, refreshing the composition of the group’s financial shareholders.
Frédéric Gauchet, chairman of the Minafin group, said: “I am delighted with the interest shown in the Minafin group by the new investors, Edmond de Rothschild Investment Partners and Siparex, which will provide complementary experience to pursue the development of the group. On behalf of the management, I would also like to thank Matignon Investissement and Cathay Capital who have supported our industrial project with great conviction, as well as CM-CIC Investissement and Croissance Nord-Pas de Calais who have renewed their confidence in us by participating in this fundraising round.”
About Edmond de Rothschild Investment Partners
Edmond de Rothschild Investment Partners is a leading firm in the area of unlisted investment. Its strategies benefit the companies in which it invests, as well as its own investors and employees, who share its values based on respect and commitment. Edmond de Rothschild Investment Partners manages over €1.8bn in life sciences (BioDiscovery), growth and transmission capital (Winch Capital for mid-caps and Cabestan Capital for small caps) and mezzanine debt (ActoMezz).
Edmond de Rothschild Investment Partners is continuing to raise funds in its current segments with Biodiscovery 5 and ActoMezz3, soon bringing its assets under management to over €2bn. Based in Paris, Edmond de Rothschild Investment Partners has 58 employees, 40 of whom are investment professionals. It is 51% owned by the Edmond de Rothschild group and 49% owned by the partners and employees of the management company.
For further information: www.edrip.fr
About Siparex
Created 40 years ago, the Siparex group is an independent French private equity specialist investing in SMEs and mid-caps. The group manages some €1.6bn in multiple sectors: Midmarket (SMEs/mid-caps), Mezzanine, Small Caps (SMEs) and Innovation under the XAnge brand (growing technology SMEs). Siparex is participating in this transaction via its Siparex ETI 4 fund, for which it is the second investment. Siparex covers the entire domestic market from its offices in Paris, Lyon, Nantes, Besançon, Lille, Strasbourg, Dijon and Toulouse, and also has sites in Madrid, Milan and Munich.
For further information: www.siparex.com
About CM-CIC Investissement
Venture capital, growth capital, transmission capital and M&A advisory. CM-CIC Investissement, a subsidiary of the Crédit Mutuel group, participates in the complete range of equity transactions to meet companies’ capital financing requirements. In addition to its professionalism, resolutely human vision and proximity to business leaders, long-term support is also a key factor in the success of its approach. CM-CIC Investissement invests its own capital (over €2.4bn) in nearly 410 companies that make up its shareholding portfolio.
CM-CIC Investissement has expanded its activities abroad via the CIC Capital brand. Already established in Montreal, Canada, it has now expanded into the USA (New York and Boston) and Europe (Frankfurt, London, Geneva and Zurich).
For further information: www.cmcic-investissement.com
About Croissance Nord-Pas de Calais
A subsidiary of the IRD group, Croissance Nord-Pas de Calais positions itself in the equity financing sector for development and transmission projects, including minority shareholder restructuring. Playing an active role in its companies, Croissance Nord-Pas de Calais acts as minority shareholder over a preferred duration of 5 to 7 years, making capital contributions of up to €1.5m. Since 1991, Croissance Nord-Pas de Calais has supported over 300 companies and currently has 67 active investments.
For further information: www.groupeird.fr
Transaction participants
Exiting financial shareholders:
Matignon Investissement: Philippe Dhamelincourt
CM-CIC Investissement: Philippe Traisnel and Xavier Blain
Cathay Capital: Edouard Moinet and Charles Bonassieux
Croissance Nord-Pas de Calais: Thierry Dujardin and David Leprêtre
Financial: Hottinguer Corporate Finance (Pierre de Bousingen, Philippe Bonhomme, Djilali Bou Abdallah and Daniel Rahal)
Legal advisory: Agilys (Pierre Jouglard)
Financial VDD: PwC (Eric Douheret)
Legal VDD: BCTG (Séverin Kullmann and Paul-Henri Dubois)
The Company:
Management: Frédéric Gauchet, Frédéric Marmousez, Patrick Lescure and Agathe Lecyk
Legal advisory: BCTG (Séverin Kullmann and Paul-Henri Dubois), Laga (Benoît Féron and Anne Tilleux)
Incoming financial shareholders:
Edmond de Rothschild Investment Partners (Winch Capital 3): Sylvain Charignon, Sophie Nordmann Caetano, François-Xavier Mauron and Aurélie Denieuil
Siparex (Siparex ETI 4): Benoît Métais, Antoine Krug, Stéphanie Malysse and Quentin Brias
CM-CIC Investissement: Philippe Traisnel and Xavier Blain
Croissance Nord-Pas de Calais: Thierry Dujardin and David Leprêtre
Legal advisory: Paul Hastings (Olivier Deren and Charlotte Dupont), Liedekerke (Damien Conem)
Tax advisory: Paul Hastings (Allard de Waal and Thomas Pulcini)
Financial due diligence: Deloitte (Frédérique Chenevoy and Lisa Lauv)
Press Contacts:
For Edmond de Rothschild Investment Partners: Florence Bastien
florence.bastien@consultants.publicis.fr
+33 1 44 82 46 16
For Siparex : Priscille Clément
+ 33 1 53 93 04 27