Distressed acquisition opportunities – October 2021
Franklin’s Restructuring team has assembled its latest sector-by-sector list of distressed acquisition opportunities.
The targets are companies in insolvency proceedings that are now up for sale and for which tender offers have been made by the court-appointed trustees in charge of finding potential buyers.
Our sector-by-sector updates are designed to help clients quickly identify potential build-up opportunities.
Tender offer periods are very often extended beyond the deadlines specified in the list.
If you are interested in any of these assets, please contact our partners Numa Rengot and Arnaud Pédron who will be happy to provide further information and assist you with your acquisition.
This court-sanctioned sale process offers an opportunity to buy:
- Fast: in a few weeks
- Directly or through a NewCo
- After limited due diligence (i.e., limited to the scope of the acquisition)
- At lower prices than out-of-court acquisitions: the real cost consists in financing the acquired operation
- Free and clear of debt, with only a few exceptions (no successor liability – lien and encumbrance free)
- Without liability for restructuring costs
- A turnkey, autonomous business unit
- “Cherry picked” assets (number of employees, tangible and intangible assets, as well as rental, finance lease, distribution, purchase, and service agreements necessary for the continued operation of the business).
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JINJIANG SAMMain features:
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Cabinetmaking companyMain features:
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Courier – Transport of small parcelsMain features:
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Dika CarpentryMain features:
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Piping Boilermaking AssemblyMain features:
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SA Fonderie & MécaniqueMain features:
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Airport security in GuadeloupeMain features:
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Building constructionMain features:
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Kovers – Company QapeMain features:
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General building renovation companyMain features:
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Painting companiesMain features:
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Manufacture of specific machinery and equipmentMain features:
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Transport of 12 and 7 tonne weights – CourierMain features:
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Trading of valves and fittings and all supplies for industry, construction and agricultureMain features:
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Ouistock – Company NS GroupMain features:
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Air TrainingMain features:
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Construction and renovation of individual housesMain features:
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Construction and renovation of swimming pools, water parks, spasMain features:
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Activity of fast repairs in plumbing – electricity of a company of the second work of the buildingMain features:
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General mechanics – Mechanics – Welding specialising in skidders & in-line shootersMain features:
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SAS Mesca – Brand VelcanMain features:
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Machining of individual parts, manufacture of moulds, design of special machines to planMain features:
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