Distributor of household aplliances, consumer electronics and kitchen implements
Created in 1987, Groupe Findis is one of the leading French distributors of household appliances, consumer electronics and kitchen implements focusing on local shops. The group operates across the whole of France through the Desamais, ProxiConfort, Blanc-Brun, Cuisine Plaisirs, Extra and Domial chains.
- INVOLMENT OF CAPZANINE IN 2011
- Nature of the deal: secondary LBO
In April 2011, Capzanine supported the Activa Capital fund in the acquisition of the Findis group, acting as senior mezzanine arranger. With its partners' support, Findis stepped up its expansion and moved into a new phase of growth, acquiring first the Dubost/Cocélec group (sales: €125m) in 2012, then Ronzier (sales: €18m) and David Ménager (sales: €7m) in 2013, and finally Desamais (sales: €77m) in 2015. As a result of its sustained growth momentum, Findis is now the leading operator in its sector.
In March 2017, Findis was joined by a new majority shareholder, thereby enabling Capzanine to cash out its investment.