immeuble-franklin

Distressed acquisition opportunities – 27 january 2025

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 RengotLaura Bavoux 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).

 

Mutuelle de France du Var

Main features:

  • Business: Medical and surgical clinic (Clinique Malartic), SSIAD and 3 dental centres
  • Location: Ollioules (Var)
  • Company registration number: 315 281 451
  • 2023 revenues: 39 M€
  • Headcount 342 employees
  • Deadline for submitting bids: 07/03/2025

Maisons du midi – Maisons biotiques

Main features:

  • Business: Construction of single-family homes
  • Location: PACA
  • Company registration number: 533 670 840
  • 2023 revenues: 20,9 M€ – 2022 revenues: 25,4 M€
  • Headcount 12 employees
  • Deadline for submitting bids: 28/02/2025

Sale of furniture, lighting, decorations and garden accessories

Main features:

  • Business: Sale of furniture, lighting, decorations and garden accessories
  • 2023 revenues: 16,6 M€ – 2022 revenues: 22,3 M€ – 2021 revenues: 22,3 M€ – 2020 revenues: 14,8 M€
  • Headcount 38 employees
  • Deadline for submitting bids: 14/03/2025

Data management and protection – Cybersecurity

Main features:

  • Business: Data management and protection – Cybersecurity
  • Location: PACA
  • 2023 revenues: 14 M€
  • Headcount 140 employees
  • Deadline for submitting bids: 21/02/2025

Pioneering company in robotics and artificial intelligence

Main features:

  • Business: A pioneering company in robotics and artificial intelligence: revolutionary technologies for an autonomous future
  • 2023 revenues: 12,4 M€
  • Headcount 166 employees
  • Intention letter: 28/02/2025 – Deadline for submitting bids: 22/04/2025

Sifas

Main features:

  • Business: Decoration, manufacture, purchase and sale of furniture and furnishings
  • Location: 5 sites: Mougins (main shop), Cogolin, Toulon, Antibes and Paris
  • Company registration number: 695 421 099
  • 2024 revenues: 8,2 M€ – 2023 revenues: 9,8 M€ – 2022 revenues: 11,6 M€
  • Headcount 30 employees
  • Deadline for submitting bids: 17/02/2025

Paint – Floors

Main features:

  • Business: Renovation painting, flooring, glazing and mirrors (mainly for local authorities)
  • Location: Essonne
  • 2024 revenues:7,8 M€
  • Headcount 41 employees
  • Deadline for submitting bids: 20/02/2025

Devisubox

Main features:

  • Business: Leader in Timelapse & Smart Monitoring in transition from real estate to industry. With its expertise in AI since 2018, the company is marketing a brand new, innovative solution for automating site monitoring: accident risk prevention, traceability of unloading, intrusion detection, task analysis, decision-making support, etc.
  • Location: Marseille (Bouches du Rhône)
  • Company registration number: 492 774 690
  • 2023 revenues: 6,7 M€
  • Headcount 69 employees (61 in France, 8 in Canada)
  • Deadline for submitting bids: 17/02/2025
produits métallique

Tools – Metalwork

Main features:

  • Business: Company 1 – Design and manufacture of press tools and prototypes, general mechanical subcontracting, small and medium-scale production
    Company 2 – Metalwork, industrial maintenance, metal construction, cladding, roofing, sheet metal work, boiler making
  • Location: Loiret
  • 2024 revenues: Company 1 : 3,9 M€  – Company 2  :  740 K€ – 2023 revenues: Company 1 : 5,3 M€ – Company 2  : 1,3 M€
  • Headcount: Company 1: 23 employees – Company 2: 7 employees
  • Deadline for submitting bids: 14/02/2025

Transports Jardel

Main features:

  • Business: Road passenger transport (school, business, tourism, etc.) founded in 1926
  • Location: Occitanie, Tarn and Garonne
  • Company registration number: 601 650 161
  • 2023 revenues: 5,5 M€
  • Headcount 42 employees
  • Deadline for submitting bids: 20/02/2025

Prefabrication of electrical installations and switchboards

Main features:

  • Business: Company specialising in octopus, electrical and hydraulic distribution, panel builder with an installation team for 5 years
  • Location: Indre et Loir
  • 2024 revenues (10 months): 1,1 M€ – 2023 revenues: 3,8 M€
  • Headcount 11 employees
  • Deadline for submitting bids: 20/02/2025

Purchase and resale of copiers

Main features:

  • Business: Purchase and resale of copiers, office and IT equipment, maintenance of branded machines (850 machines)
  • Location: Senlis (Oise)
  • 2024 revenues: 2,6 M€
  • Headcount 7 employees
  • Deadline for submitting bids: 17/02/2025

Bureau d’études Perrin Aura

Main features:

  • Business: Mapping, studies and topography for the installation of energy distribution networks
  • Location: Aurières (Puy de Dôme)
  • Company registration number: 515 382 372
  • 2024 revenues: 1,2 M€ – 2023 revenues: 1,8 M€ – 2022 revenues: 1,9 M€
  • Headcount 9 employees
  • Deadline for submitting bids: 05/03/2025

Cambarou

Main features:

  • Business: Catering – Traditional French cuisine
  • Location: Aix-en-Provence (Bouches du Rhône))
  • Company registration number: 515 382 372
  • 2024 revenues: 1,1 M€ – 2023 revenues: 1,9 M€ – 2022 revenues: 1,8 M€
  • Headcount 25 employees
  • Deadline for submitting bids: 18/02/2025