Hasap, leader of the French interior design market, restructures its capital

    Hasap, leader of the French interior design market, restructures its capital

    Published on – Julien VERCHERE – Finances

    Account – One of the achievements of 2020, the headquarters of the Regional Council of Ile de France.

    Based in the south of Lyon, the Hasap group has announced a reorganization of its capital in order to prepare for the future.

    Hasap, leader in the French market for tailor-made interiors, has just announced a restructuring of its capital via a press release. The group based in the south of Lyon (more precisely Dargoire, on the edge of the Rhône and Loire departments) has carried out an OBO (acronym for “Owner Buy Out”) by relying on its historic investor Crdit Mutuel Equity and bank financing provided by Crdit Agricole Center-Est.

    The operation, financed in part by a debt raised with Crdit Agricole Center Est, ensured the exit of the historic shareholders of Hasap and strengthened its founder Pierre Haesebrouck in his position as a reference shareholder as well as the the group’s senior executives, guarantors of the company’s continued success.

    Two main sectors of activity: the tertiary sector and the hotel industry

    This transaction offered eight group executives the opportunity to subscribe to the capital alongside Pierre Haesebrouck, Crdit Mutuel Equity – partner and investor in Hasap since 2006 – and the six senior executives already associated.

    Created in 2006, Hasap coordinates six interior design houses within the group (Saga agencement, Suscillon, Insight TCE …) in order to expand into two main business sectors: the tertiary sector and the hotel industry. In 2019, it achieved a consolidated turnover of 60 million euros. In 2020, he delivered projects carried out on behalf of the luxury hotel Cheval Blanc Paris, the Regional Council of Ile de France and the Accor Novotels group.

    Julien VERCHRE
    Journalist

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