The KARDHAM group reorganizes its capital and brings in Geneo, alongside Bpifrance
Paris, February 11, 2020 - The KARDHAM Group, the leading independent and integrated French player in the professional real estate sector, announces the entry of GENEO Capital Entrepreneur into its capital. On this occasion, Amundi Private Equity, which entered the Group's capital in 2016 alongside Bpifrance, exited the capital for good while Bpifrance continued the adventure alongside KARDHAM.
Founded in 1992, the KARDHAM Group has gradually diversified from its original vocation as a developer of professional spaces to become, under the dual effect of internal and external growth initiatives, a global operator in the design and management of real estate projects. In 2014, he joined the top 10 architecture firms in France. In 2019, it became the 1st NSE dedicated to the real estate industry with more than 30 employees dedicated to digital. It is also distinguished from other market players by its shareholding structure: nearly one employee in five is associated with the group's capital.
KARDHAM, whose internationalisation strategy has been strengthened in recent years, assists users and major real estate professionals in France, Europe and Africa in all aspects of their real estate thinking, from the strategic genesis of projects to their complete delivery. The Group thus brings together 400 talents with diverse profiles (consultants, architects, engineers, designers, sociologists, etc.) who are experts in all areas of the real estate value chain: consulting, architecture & engineering, development, digital.
Embodied by its managing partners (Jean-François Couëc, David Habrias, Frédéric Miquel, Roman Coste), the Group's ambition is to continue to strengthen its position as an independent leader in its markets by developing its areas of expertise through a controlled and targeted external growth strategy. The KARDHAM Group achieved a turnover of 80M€ in 2019.
"We would like to thank Amundi Private Equity for having placed its trust in our strategic choices and for having supported the growth of the KARDHAM Group over the last 4 years, which have been marked by a more than 2-fold increase in activity. We are now pleased to welcome GENEO Capital Entrepreneur to continue writing the next chapters of our growth in a market that is promising in terms of development and consolidation opportunities. His arrival, alongside the historical support of Bpifrance, provides us with the necessary means to pursue our ambitions in the commercial property market", says Jean-François Couëc, Chairman of the KARDHAM Group.
François Picarle, Associate Director at GENEO Capital Entrepreneur adds : "On a daily basis, KARDHAM's teams make real estate a vector for transforming organizations. The KARDHAM group carries in its DNA this culture of transformation and this entrepreneurial spirit which we at GENEO admire and hold dear. We are therefore very pleased, alongside Bpifrance, to join forces with KARDHAM's many manager-shareholders, led by Jean-François COUËC, to support them in deploying their Growth Book. We will fully mobilize our community of experts and entrepreneurs at their service, particularly in support of their strategy of innovation, internationalization and highlighting the positive impact of the Group's activities.
Axel Piriou and Vincent Charles, for Bpifrance, declared: "We are delighted to continue the adventure with the Kardham group, which has proven its ability to develop through organic and external growth since the entry of Bpifrance in 2016. We reiterate our full confidence in Jean-François Couëc and his teams to pursue his ambitious development strategy both nationally and internationally. Bpifrance is delighted to welcome the KARDHAM group back to one of its accelerators: the ETI accelerator, an acceleration program to support the growth of ETIs and become the international champions of tomorrow. »
Those involved in the operation:
- Investors: Bpifrance Investissement (Axel Piriou, Vincent Charles), GENEO Capital Entrepreneur (François Picarle, Rodolphe Vernazza)
- Yielding: Amundi Private Equity (Amar Douhane)
- Legal advice Managers : Bolze et Associés (Eric Bolze, Tiphaine Hue, Alexandre Carteret)
- Financial Advisory Officers : G2 Invest (Guillaume Somekh)
- Investor legal advice: Joffe & Associés (Romain Soiron, Aymeric Dégremont, Paddy Pascot)
- Financial Due Diligence: Advolis (Damien Bourg, Marion Bernadou)
ABOUT THE KARDHAM GROUP
As a multi-business specialist, the KARDHAM Group assists its clients, users, owners, developers or investors, in all aspects of their real estate planning, from upstream strategy to the completion of their real estate project, in France or worldwide. KARDHAM has nearly 400 employees. Thanks to our BIM, Green, Digital and R&D centres of expertise, our teams of specialists offer innovative solutions that guarantee economic, technical, constructive and social performance:
- Consulting: strategy, real estate research and negotiation, programming, AMO, Change & Workplace consulting
- Architecture & Engineering: integrated approach to architectural, environmental, TCE and digital design in a BIM process
- Layout: from design to turnkey implementation
- Digital: smart building digital infrastructures and services
ABOUT GENEO CAPITAL ENTREPRENEUR
GENEO is an investment and support company that supports SMEs and ETIs in their development capital and transmission projects. It takes minority stakes in the capital of companies with sales of more than €10 million and operating income of more than €1 million. The form of investment company (rather than fund) allows for time management and the implementation of long-term strategies. Each invested company benefits from a personalised support programme, drawn up with the management team, which takes the form of a Growth Log.
The GENEO Community of 80 entrepreneurs and families, investors in GENEO, also enables the sharing of experience and business networks. Making available real "entrepreneurial capital", that's GENEO's commitment!
Contact :
François Picarle : +33 6 17 71 69 07 - francois.picarle@geneocapitalentrepreneur.com
Fanny Letier: fanny@geneocapitalentrepreneur.com
More info at: https://geneocapitalentrepreneur.com/
LinkedIn: https://www.linkedin.com/company/geneo-capital-entrepreneur/
Twitter: https://twitter.com/GeneoCapital
ABOUT BPIFRANCE
Bpifrance's equity investments are made by Bpifrance Investissement. Bpifrance finances companies - at every stage of their development - in credit, guarantees and equity. Bpifrance supports them in their innovation projects and internationally. Bpifrance also ensures their export activity through a wide range of products. Consulting, university, networking and acceleration programmes for start-ups, SMEs and ITOs are also part of the offer for entrepreneurs. Thanks to Bpifrance and its 50 regional offices, entrepreneurs benefit from a close, unique and efficient contact to help them meet their challenges. More information on: www.Bpifrance.fr - Follow us on Twitter : @Bpifrance - @BpifrancePresse
PRESS CONTACTS
KARDHAM: Nathalie Neyret, Marketing & Communication Director: +33 6 37 68 50 99 nneyret@kardham.com
MORENO COUNCIL: Clara Moreno, Press Officer: +33 6 12 56 70 07 / clara@morenoconseil.com
More info at: www.kardham.com
LinkedIn: https://www.linkedin.com/company/groupe-kardham/
Twitter @Groupe_Kardham https://twitter.com/Groupe_Kardham
Bpifrance
Laure Schlagdenhauffen: laure.schlagdenhauffen@bpifrance.fr - 01 41 79 85 38
