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Haubnest

presented by October France

€306,100

8.5%

84 months

C

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location

Location

Voiron, France

activity

Activity

Commerce

Presentation of the company

Haubnest is a holding company set up in 2019 to acquire JM Hayons 74 active in the truck maintenance sector. JM Hayons 74, managed by Jean-Martial Le Magorou, has 5 employees and is based in Voiron. The company is a franchisee from Hydropart Assistance.

Mr. Vincent Haubourg, managing director, has overall 10 years of professional experience in the sector. He has experience as a company manager and technician team leader.

The company’s main activities are:

  • Maintenance and controls of the hydraulic tailgate of trucks;
  • Installation of hydraulic tailgate spare parts.

The company works with Hydropart Assistance’s network of franchisees and private customers.

Project Description

Mr. le Magorou wants to sell his company valued under the market standard. Mr. Haubourg via a dedicated company wishes to borrow 306 100 € over 84 months to finance part of the acquisition of the company. The remaining will be financed by personnal contribution. This project will be realised this quarter.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The amount offered on the platform is limited to 149989€, which is in line with the regulatory limits.