Hivest Capital Partners supports Marie-Laure PLV in its new growth chapter

Paris, December 14th 2023 – Hivest Capital Partners S.A.S. (“Hivest Capital“), an independent European private equity firm, has acquired a majority stake in Marie-Laure PLV from its founder, Marie-Laure Traux-Binsse, who will remain involved in the project and will support the company’s development as President of the Supervisory Board. The transaction enables the main executives and managers of the company, led by Pierre Marand, President of the group, to acquire a stake in the structure.

Marie-Laure PLV, ambassador of French premium savoir-faire, is one of the leading companies on the premium point of sales (POS) merchandising for cosmetics players. Its team designs, develops and manufactures high-end POS merchandising projects for the luxury industry. The company recently accelerated its development by acquiring three shopfitting entities, thus broadening the skills that benefit its customers.

Through its 6 manufacturing sites in France, the company employs c. 500 people and manages a wide range of solutions and materials (metal, plastic, cardboard…) enabling to fulfil constantly evolving customers’ needs, increasingly driven by environmental challenges.

Hivest Capital, Marie-Laure Traux-Binsse and the company’s management team have the ambition to reinforce the group’s organisational structure, in order to consolidate its position on historical markets while developing internationally and up the value chain.

Alexandre Levavasseur, Hivest Capital, declares « We are very happy Marie-Laure Traux-Binsse trusted our ability to support the company in this new chapter. We share, shareholders and Marie-Laure PLV’s teams, this common willingness to transform this outstanding medium-sized business into a global firm. ».

About Marie Laure PLV

French company Marie Laure PLV is a point of sales merchandising and shopfitting (shop, shop in shop, pop-up) specialist. Thanks to its expertise and the high quality of its products, Marie  Laure PLV collaborates with the greatest luxury market players in the cosmetics sector.

About Hivest Capital Partners

With more than €500m under management, Hivest Capital is an independent European private equity firm approved by the Autorité des Marchés Financiers. Hivest Capital invests in SMEs or mid-cap companies with a turnover between €50m and €500m, in the context of buyout or capital expansion projects. Hivest Capital’s objective is to help companies reach their full potential by implementing ambitious growth strategies and improving operational performance.

Parties’ involved

Buy-side : 

• Investor – Hivest Capital Partners : Axel Bonnassies, Cédric Lépée, Alexandre Levavasseur, Gaël de Rohan Chabot 
• Financing – Adviso Partners : Olivier Amicel 
• Legal Counsel – Moncey Avocats :
  • Corporate and transaction : Guillaume Giuliani, Yann Fouquet-Michel, Vianney Birot, Bonnie Brenier, Léna Pascal
  • Tax : Frédéric Bosc, Mathilde Cotillon
  • Financing : Jonathan Devillard, Florana Benabid
• Financial due diligence – Deloitte : Vania Mermoud, Renaud Adam
• Strategic due diligence – Strategia : Thomas Chevre, Manon Clément
• Buy-side advisor – R2 Invest: Frédéric Ramé
• ESG due diligence – Sirsa : Mathilde Rouquet, Lilia Jerbi 
• IT due diligence –  BearingPoint Capital : Jean-Charles Chevalier, Rémy Gaudic, Hatem Dhouib

Sell-side :

• Seller – La Baule PLV : Marie-Laure Traux-Binsse
• Legal Counsel – Fidufrance : Denis Angeloglou, Laetitia Favre
• Financial due diligence – EY : Emmanuel Picard, Stéphane Roubi
• Sell-side advisor – Jean-René Angeloglou

Contact

Hivest Capital Partners : Alexandre Levavasseur

140 Boulevard Malesherbes – 75017 Paris

alexandre@hivestcapital.com