What we did
Capitalmind actively supported Necotrans all along the process: financial diagnosis, preparation of marketing documentation, modeling of Business Plan, identification of lenders, organization of management presentations, Q&A sessions, and negotiation of the legal documentation.
Capitalmind played a key role in modelling a rigorous business plan, anticipating key issues, providing understanding of the African market environment and defining the appropriate financing strategy.
About the deal
Necotrans, the €1bn Revenues French Group specialized in logistics activities in Africa raised €121M debts in a club deal involving 8 banks and a long-term loan underwritten by BPI (French Public Investment Bank)
Necotrans is a 100% family-owned French Group specialized in the Logistics industry with c.90% of its €1bn Revenues generated in or with Africa. The Group focuses on Freight Forwarding and Ports logistics activities with a strong footprint in Western Africa. 50% of its business is servicing the Oil & Gas industry, and 50% relates to ground logistics, cargo services and port terminal management.
This operation will enable Necotrans to finance its growth and strategic acquisitions over the coming years.