CAPZA, a private investment platform focusing on small and midcaps, is co-arranging, with BNP Paribas Principle Investments and AXA IM, the unitranche refinancing of La Maison Bleue.
Founded in 2004, La Maison Bleue manages a network of over 280 collective nurseries in France and 60 in Europe (Switzerland, Luxembourg and the United Kingdom). La Maison Bleue is supported by its investors TowerBrook and Bpifrance who have had majority shares since 2016.
CAPZA, BNP Paribas Principle Investments and AXA IM have co-arranged a refinancing deal of EUR150 million. The aim of this deal is to allow for greater development and flexibility moving forward. La Maison Bleue intends to accelerate its external growth strategy in order to consolidate its position in France, to achieve critical size in the countries in which it is already present, and to consider setting up in new countries.
“CAPZA has been able to provide a flexible and responsive solution that meets our needs. This unitranche refinancing will enable us to step up our development,” says Sylvain Forestier, CEO of La Maison Bleue.
“We are very happy to support La Maison Bleue in this new phase of its development. The group, which is led by a highly experienced management team, has solid underlying assets and excellent prospects for growth in France and Europe,” says Guillaume de Jongh, Private Debt Partner at CAPZA.