MBO of Flexifleet

Sector(s)
Business Services
Deal type
Buyout / MBO / Debt Advisory
Date
February 2020
Countries involved
France

Client

Flexifleet offers vehicle rental and management services to drivers affiliated with VTC or freight delivery platforms

Deal

Capitalmind has advised the shareholders of Flexifleet in a primary MBO backed by Trocadero Capital Partners

Parties

Lead team

  • Alexandre Ebin

    Alexandre Ebin

    Partner France

What we did

  • Capitalmind assisted the shareholders all along the buy-out process: from identifying the relevant private equity funds, approaching them to test their appetite to the execution of a competitive auction process. Capitalmind supervised VDD works, drafted the marketing documentation, managed the due diligence process, and assisted the shareholders in final legal negotiations both with the investor and the banking pool.
  • Capitalmind also managed the €15m debt raising process and advised the shareholders in legal negotiations with the banking pool.

About the deal

Created by Claude Georges and Zakaria Benjelloun, Flexifleet offers vehicle rental, acquisition, insurance and management services to drivers affiliated with VTC or freight delivery platforms.