GROUPE GESTI-PRO

Unfortunately, you cannot lend to this project.

Why? This project* does not fall within the regulatory framework of October IFP, defined by the ordinance of 30 May 2014 (ordinance on participatory financing). It is therefore not offered to individual lenders as part of participatory financing.

According to the Ordinance of 30 May 2014, a project consists of a purchase or a set of purchases of goods or services contributing to the completion of a predefined transaction in terms of purpose, amount and timetable.

Presentation of the company

Created in 1987, Groupe Gesti-Pro is active in the offices cleaning sector. The company, managed by Petrucci Christophe, has 1000 employees (450 of whom are full-time) and is based in Paris 8. The company was first settled in Ile de France and has grown in the Center and West of France for the last 10 years.

Today there are three agencies in Paris, Aquitaine and the center of France which guarantee a fast local service.

The company works with more than 1700 customers in various sectors. The business model is based on one-year renewable contracts. The average duration of the contracts is 6 years.

The activity is generated by the company’s reputation and its commercial agents in a sector that includes more than 47,000 companies.

The services provided by the gesti-pro group are subject to specific monitoring and guarantees. To this end, the group has various ISO certifications.

Project Description

The company requests a loan of 727 000 € over 60 months to refinance partners’ current accounts. This project will be realised in the next few months.

Analyst’s Opinion

The financial analysis was carried out on a cumulative of the financials of Groupe Gesti-Pro and his holding.

With a turnover of 13 667 000 € in 2017 and an experienced team, the company has a good track record combined with a two-digits operating margin.

Other the past years, the decline in turnover is linked to a more difficult economic climate and a decline in new contracts signed.

The forecast is based on the historical performanceThe borrower has an excellent repayment capacity with a forecast FCCR (Fixed Charge Cover Ratio *) at 2,27 and an excellent financial structure, with a forecast net debt / ebitda ratio of 1,5 and a net debt / shareholder equity of 122%.

The analysis of the project leads to a credit rating of A and a 3,90% annual interest rate.

*The multiple of FCCR at 2,27 means that the company has a safety margin of 127% relative to its ability to repay its credit maturities.

The expert opinion is given as an indication on the basis of the elements provided by the project holder and information from our databases (External data provider). This opinion is only an element of reflection in the decision making of a lender to participate in the financing of a project.

Strong points:

• Good historical performance based on diversified client base.

• Excellent repayment ability with a forecasted FCCR of 2,27.

• Historical and critical size company

Point of caution:

• Strong Competition