MBO, MBI, OBO, build-up: leveraged transactions make it possible to transmit, acquire or grow a company by mobilising debt and the right partners. We structure them at your side, from set-up to closing.
Let's discuss your project →Behind the LBO acronym lie very different realities. The right structure is the one that serves your project — not the other way round.
Your managers know the company and want to take it over. An MBO organises this succession, reconciling the seller's price with the team's financing capacity, supported by debt and often a minority fund.
An OBO lets you sell part of the capital to a holding company you control, turn part of your professional wealth into cash — and keep running the business, with a new partner on board.
You want to buy an SME and lead it. We validate the target, structure the financing and support the negotiation — with an investor's eye on your side.
Backed by a fund or your own holding company, a build-up finances a consolidation strategy: identifying, valuing and integrating targets while preserving the group's financial balance.
A successful LBO rests on the balance between price, debt and project. We build all three together.
Analysis of the target or of your company, valuation, sustainable debt capacity: the realistic scope of the transaction, before any discussion.
Holding architecture, equity/debt mix, management package, shareholders' agreement: a clear, robust structure that stands up in front of financing partners.
Banks, investment funds, private debt: relevant financers put in competition to obtain the best terms — pricing, covenants, governance.
Negotiation of financing offers and of the purchase agreement, steering of due diligence alongside your usual advisers, timetable kept under control.
Signing, drawdown of financing, governance put in place. After closing, managing debt repayment begins: we stay at your side.
Price, debt, agreement, package: every parameter shifts your final position. Looking at them together avoids winning on one what you lose on the other.
Too high a price is paid for in suffocating covenants. We calibrate debt the business can repay without strangling the company — or your project.
Shareholders' agreement, governance, exit clauses, management package: what will determine your situation in five years is negotiated now.
Funds and banks put in competition at the right moment: the most effective lever to improve your financing terms.
A holding company buys the business by combining equity and borrowings; the debt is then repaid out of the company's profits. Leverage makes it possible to acquire a company worth more than the equity available.
An MBO is a buyout by the existing managers, an MBI a buyout by an external manager, and an OBO a sale to yourself through a holding company, releasing cash while staying in charge. The financial structure is similar; the human project is very different.
It depends on the profitability and stability of the target: the more recurring the cash flows, the more room for debt. Equity can be supplemented by a fund or a vendor loan — each deal finds its own balance.
Yes — that is its principle: you remain the manager and reference shareholder while having secured part of your wealth. The terms — governance, the partner's exit horizon — are negotiated in the shareholders' agreement.
In the region of 6 to 9 months from scoping to closing, depending on the complexity of the structure and the number of partners to bring to the table.
Thirty minutes to understand your situation and tell you whether leverage can serve your project — with no commitment.
Let's discuss your project →