MBO of Cotherm

Deal type
Buyout / MBO
October 2012
Countries involved


Cotherm management and Somfy Participations (private equity arm of Somfy, world leader in the automatic control of openings and closures in homes and buildings)


Capitalmind advised Somfy on the divestiture of Cotherm to its management team supported by two French PE funds (Siparex and Carvest)

Lead team

  • Nicolas Balon

    Nicolas Balon

    Partner France
  • Thibault Laroche-Joubert

    Thibault Laroche-Joubert

    Partner France

What we did

  • Appointed by the shareholders to deliver a deal that created the optimum shareholder and funding structure to support the delivery of the ongoing growth strategy of the business whilst providing an exit for Somfy Participations
  • Selected due to our intimate knowledge of the business and our ability in raising equity and debt finance to support the growth of privately-owned, mid-market businesses in France
  • Quickly shortlisted potential funders and lenders who would want to support the opportunity and at the same time we were able to protect confidentiality by limiting the distribution of company information