CAPZA Expansion supports Beton Solutions Mobiles
Created in 2013 by Philippe Tibère-Inglesse, Béton Solutions Mobiles (BSM) is an independent ready-mix concrete specialist providing an innovative low-carbon concrete offering.
In order to support its development and accelerate its growth, the group is reorganising its capital with the entry of InnovaFonds backed by CAPZA Expansion, the new vehicle launched with AXA France’s €500 million envelope to support SMEs/ETIs in their post-crisis rebound.
Supported by Entrepreneur Invest since its creation, Béton Solutions Mobiles welcomes InnovaFonds and CAPZA Expansion – which provides equity and quasi-equity – to accelerate its investments and double its turnover within 3 to 4 years. Entrepreneur Invest will for its part renew its investment in bonds. In addition, a financing has been set up with the participation of partner banks which have supported the firm since inception.
The operation enables the company to benefit from €70 million in financing, including more than €30 million dedicated to investments, which should be deployed within 12 months. The investments have already materialised with the opening of three concrete plants in Gennevilliers by the end of February.
With sales of €110 million in 2020 and 130 employees, the group operates 21 fixed and mobile concrete batching plants for the manufacture of ready-mixed concrete, mainly in the Paris region, where it has a market share of around 15%. BSM’s offering is broad and includes an innovative low-carbon range, a huge stake for the cement industry, which must innovate to reduce its carbon footprint and the environmental impact of constructions in the future.
This expertise has notably enabled BSM to win the Arboretum contract, the largest wooden office campus in the world, where the company will supply the low carbon concrete for the basements.
The investment plan seeks an expansion to more than 30 concrete plants and a strengthening of its low-carbon solutions. Its turnover is expected to rise to €200m within 3 to 4 years.
In addition to distinctive features such as the quality of its concrete, service and proximity to its customers, the group has a differentiating identity: the plants and truck-mixers are all coloured in magenta-pink.
Philippe Tibère-Inglesse underlines that “The financing structured by InnovaFonds will empower our group. Thanks to our solutions, we are able to offer customers fixed or mobile plants as well as different ranges of concrete, including low carbon concrete formulas. Béton Solutions Mobiles is thus well positioned to gain market share in a growing market, driven by the boom in the Greater Paris area, but also regionally”.
Christophe Karvelis-Senn, CEO of CAPZA, comments that “Béton Solutions Mobile has demonstrated its resilience and the quality of its management during the Covid crisis. We are proud to to support Phillipe and his teams in strengthening the group and accelerating its development. This operation is at the heart of CAPZA Expansion’s investment strategy, launched with AXA France’s €500 million envelope to support SMEs/ETI in their post-crisis rebound”.
-
29Oct’ 2024CVC Credit and CAPZA support the acquisition of ILERNACVC Credit and CAPZA announce the co-arrangement of a Unitranche financing to support the acquisition of ILERNARead more
-
28Oct’ 2024CAPZA supports the development of JVSCAPZA takes over from Parquest to support the development of JVS, a leader in software publishing for local authoritiesRead more
-
14Oct’ 2024CAPZA supports Technoflex in their new chapter with Adagia PartnersCAPZA Private Debt arranges a Unitranche financing to support this acquisitionRead more
-
4Oct’ 2024CAPZA sells its minority stake in the OCTIME GroupCAPZA sells its minority stake in the OCTIME Group, a major player in HR software solutions, to IK PartnersRead more