ENFR

Sale of Cegelease to Societe Generale

December 2017

December 2017

Cegedim, an innovative technology and services company listed in Paris (EURONEXT : CGM), has signed an acquisition agreement with Societe Generale covering its Cegelease business, a subsidiary operating in the financial leasing sector.

Founded in 2001 to support Cegedim’s sales to its customers with leasing solutions, the company has gradually expanded its activities by financing the sales of other suppliers. With nearly 500 suppliers and more than 25,000 clients Cegelease has established itself as one of the independent leaders in financial leasing for healthcare professionals.

With 31 million customers in 66 countries, and over € 25 billion in net banking income, Société Générale is one of the largest European financial services groups. Societe Generale , through its subsidiary Franfinance, is one of the leaders in the equipment financing for companies and sees the healthcare market as a key area for growth. This acquisition, which is subject to the approval of competition authorities, will enable Franfinance to strengthen its position in this market and create a major player in the field of financing for healthcare professionals.

Ohana & Co. acted as exclusive financial advisor to the seller, the Cegedim group.

Related Transactions

Arseus, the leading provider of B2B equipment and services to dental, medical and pharmaceutical professionals, has acquired the business and assets of FDL (Fournitures Dentaire Lilloises), the French supplier of dental equipment and consumables to dentists and laboratories, which had filed for bankruptcy, before the Court of Lille. Ohana & Co. acted as the exclusive financial advisor to Arseus.

Read more

Groupe Eminence, the French and Italian leader in men and women’s underwear, led a secondary LBO backed by private equity funds Orium and Pechel. Ohana & Co. acted as the exclusive financial advisor to Eminence.  

Read more

Onward Holdings, the listed Japanese luxury group, has acquired a controlling stake in Charlotte Olympia, the iconic British footwear and accessories label. This acquisition is part of an expansion plan that aims to accelerate Charlotte Olympia’s growth within Europe and Asia. Ohana & Co. acted as exclusive financial advisor to Onward in this transaction. Founded in 2008, by Charlotte Dellal, Charlotte Olympia is known for creativity, craftsmanship and femininity. The brand has established itself as a global luxury player with designs influenced by Hollywood cinema glamour and movie stars from the 1940s and 50s. Charlotte Dellal, founder and creative director, and Bonnie Takhar, CEO, will continue to run the company.

Read more