Avenir Santé Formation, a company specializing in professional training in the healthcare sector, is to be taken over by Altur EdTrain, which is injecting nearly €3 million via a capital increase.
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Avenir Santé Formation, a company specializing in professional training in the healthcare sector, is to be taken over by Altur EdTrain, which is injecting nearly €3 million via a capital increase. Joffe & Associés (Aymeric Dégremont, Romain Soiron, Gabriel Ayache & Alexia Guyot) advised Altur Investissement on this transaction.
Avenir Santé Formation (ASF) came into being in 2017, thanks to Platina Partners and Ghislain Crassard, the founder-manager of Formavenir Performances, when it merged with Forma Santé. To counter the difficulties ASF has faced since the COVID crisis in meeting loan repayments, Altur Investissement is investing in the company via its new Altur EdTrain strategy; advised by M&A boutique G2 Invest (Guillaume Somekh), the investor is injecting €3m via a capital increase.
Altur EdTrain’s ambition is to enable ASF to achieve sales of €25 million within five years.
“Avenir Santé Formation is a company that has made a number of acquisitions in recent years in order to achieve critical mass and establish itself as a national player. We are investing via a capital increase, which will enable it to reorganize and reduce its debt, and put it in a position to unleash its organic growth and improve profitability,” Bertrand Cavalié, Altur EdTrain partner, told CFNews.
- Target company : AVENIR SANTE FORMATION
- Transaction date: 16/04/2024
- Buyer or Investor : ALTUR INVESTISSEMENT , Bertrand Cavalié , Léonard de La Hosseraye
- Company Merchant banker / M&A advisor : AYA PARTNERS , Virginie Lagrange , Thibault Kerdoncuf , Zineb Azili
- Acquirer Investment banker / M&A advisor: G2 INVEST , Guillaume Somekh
- Purchaser Corporate lawyer : JOFFE & ASSOCIES , Romain Soiron , Aymeric Dégremont , Alexia Guyot; Gabriel Ayache
- Corporate Counsel: CHAMMAS & MARCHETEAU , Nicolas Lecocq , Mathilde Marty , Pierre Rougemond
- VDD Financial : ODERIS , Thomas Claverie , Paul Grandjean
- Senior debt; CAISSE D’EPARGNE ILE DE FRANCE (CEIDF) , CREDIT MUTUEL , SOCIETE GENERALE (FINANCING) , BNP PARIBAS (FINANCING) , CREDIT AGRICOLE (FINANCING)