€1,720,000
5.25%
59 months
A
lent to this project, means…
paid back in total
taxes not included
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Location
Rennes, France
Activity
Commerce
Created in 1990, SELAS Longs Champs, which operates the Pharmacie Des Longs-Champs, is active in the pharmacy sector in specialised shops. The company, located in Rennes, currently has 9 employees. Since 2006, it has been managed by Jérôme and Laurent Baudouin, who have a combined 16 years of experience in the sector.
Jérôme and Laurent Beaudouin wish to sell the shares of their company at a valuation based on market standards. The purchasers wish to borrow €1,720,000 over 59 months to finance part of the acquisition. The remainder will be financed by convertible bonds and a shareholder loan. This project will be completed next month.
The amount offered on the platform is limited to €842,800 which is in line with regulatory limits.
As mentioned in the project description, the acquisition of the company “SELAS LONGS CHAMPS” is supported by one of the investment funds of the 123IM group. investment fund of the 123IM group. Olivier Goy (founder and chairman of the management board of October) created and managed 123IM until 2014. Olivier Goy is however no longer operational within 123IM and has no impact on the management of the funds. Furthermore, we that October’s managers (including Olivier Goy) systematically and significantly invest in all the projects presented by October in order to projects presented by October in order to align their interests with those of the lenders.