Kartesia supports Groupe Baelen in the acquisition of Groupe Factoria
Kartesia is pleased to announce the provision of a senior unitranche financing to support Groupe Baelen in the acquisition of Groupe Factoria (“Factoria” or “the Company”).
Factoria is France’s leading supplier of B2B printing solutions, IT and telecom services, employing nearly 300 people across 18 sites. The Company is positioned at the higher end of the market with premium service quality and has grown consistently since its creation, both organically and via successful acquisitions. The success of the Company is based on its diversified and loyal client base, its strong local presence with an efficient salesforce and its broad offering of services. The entry of Group Baelen as majority shareholder, coupled with the financial support and expertise of Kartesia, will enable the Company to implement its development plans in the coming years.
Kartesia has invested in Factoria through a combination of capital from its Kartesia Credit Opportunities (“KCO”) IV and KCO V funds. The deal team at Kartesia included Damien Scaillierez, Charles-Henri Clappier and Stanislas Pérère.
Charles-Henri Clappier, Director at Kartesia, commented:
“We are pleased to be working with Group Baelen on this transaction and to further support Factoria as it continues to gain traction in its target markets. We are confident that, with this investment, Factoria is very well positioned to take advantage of developments in the printing and IT solutions markets and execute on its future growth plans.”