Fundraising of Texelis

Sector(s)
Industrials
Deal type
Growth / Equity capital
Date
July 2015
Countries involved
France

Client

Texelis is the worldwide leader in designing, manufacturing and commercializing high-performance axles and powertrains destined for use in heavy-duty vehicles in the public transport and defense sectors and in some special civil applications.

Deal

Texelis completed a €4.5m capital increase underwritten by Bpifrance alongside existing shareholders to finance the strong growth expected by the company on its new international markets.

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France
  • Nicolas Balon

    Nicolas Balon

    Partner France
  • Guillaume ten Have

    Guillaume ten Have

    Director France

What we did

  • Issued a valuation report including market & business plan analysis
  • Arranged introduction and coordinated contact between Bpifrance and Texelis
  • Managed the transaction process including: preparation of the marketing documentation (Teaser, Information Memorandum, etc.), negotiation of the termsheet, management of the due diligence phase (data-room, Q&As, site visits, etc.) review of the final legal documentation, etc.