MBO of Fugam

Sector(s)
Consumer / TMT
Deal type
Buyout / MBO
Date
September 2021
Countries involved
France

Client

Fugam is an e-commerce specialist that operates the Pecheur.com and Chasseur.com platforms

Deal

Capitalmind has advised the management of Fugam on its primary MBO backed by Arts et Biens

Parties

Lead team

  • Alexandre Ebin

    Alexandre Ebin

    Partner France
  • Guillaume ten Have

    Guillaume ten Have

    Director France

About the deal

Fugam is an e-commerce company founded in 2000 and specialized in angling with PECHEUR.com and in hunting with CHASSEUR.com. The company employs 65 people in France and manages the broadest and deepest product offer on the market with more than 900 brands and 180,000 product references. Fugam, which had been acquired by Centre France from Decathlon in 2017, has achieved €29m revenues in 2020 and 12% growth over the past 10 years in France and in Europe.

Arts et Biens’ arrival as main shareholder will allow Fugam to accelerate its growth, to strenghten its international presence and to actively participate in the consolidation of the sector. Centre France will remain minority shareholder.

Centre France is a major French press player which reported a turnover of €185m in 2020 with 1,850 employees.

Arts et Biens is a French family investment vehicle specializing in unlisted companies in the consumer, digital and business services sectors.

What we did

Capitalmind has assisted Fugam’s management all along the transaction: designing the transaction strategy, qualifying investors, structuring the LBO, organizing the auction process, and negotiating the management package.

This deal illustrates, 4 years after having advised Decathlon on the sale of Fugam, Capitalmind’s ability in supporting companies and management teams on their projects over the long-term

“This is the second time that Capitalmind advises the capital transmission of our company. For this LBO, their technical advice and strategic support was most valuable throughout the process. I would like to also point out their human qualities and our close relationship which enable us to make choices in line with our values and objectives.”  Faustin Falcon, CEO – Fugam