GENEO Partenaires supports Scutum Group's growth and CSR strategy via Revival Bonds
PRESS RELEASE
17/12/2021
Paris, 17 December 2021 - Scutum Group and GENEO Partners announce the implementation of the first Relance Bond of the Turenne GENEOgroup, as part of the programme underwritten by the insurers and partially guaranteed by the State.
As a major international player in turnkey safety and security services, Scutum intends to pursue its strategy of external and organic growth with this long-term financing. and organic growth, while strengthening its employer brand and its human capital.
Founded in France in 1989 and chaired by Franck Namy, Scutum is a major international player in turnkey safety-security services for infrastructure, goods, people and data, thanks to its European platform for processing and analysing critical information - Smart Security Platform (SSP) - which has some 265,000 connections worldwide.
The group has a global network of 70 offices in Europe and North America (New York and Florida regions), with 2,000 employees, including 800 technicians who continuously install and maintain the systems and 200 remote monitoring operators for 24/7 protection.
The Group is in continuous organic and external development, and has already completed more than 30 external growth transactions since 2015. It has developed a robust and efficient integration process, which is implemented with each acquisition.
Because of the qualities of this company and its management, GENEO Partenaires has chosen to make it its first choice of investment in the context of the deployment of the Relance Bonds. The sum invested and the additional bank financing put in place on this occasion will enable Scutum of financing acquisitions already identified in France and abroad
In parallel, the company, with the support of GENEO Partnersthe company is committed to an approach that aims to increase its human capital and retain its employees over the long term. To do this, the company is relying on the quality of life at work To do this, the company is relying on the "employer brand" to encourage the commitment of its employees, strengthen its employer brand and, ultimately, increase the loyalty of its employees. GENEO Partners The company has therefore set up a contractual indicator in the documentation of obligations to ensure that this objective is achieved. high impact goal.
" By choosing GENEO to help us finance our projects, we have chosen a partner who shares our values, our CSR strategy and our commitment to strengthening human capital, particularly by implementing well-being at work indicators," says ChristophePourcenoux, Scutum's Human Resources Director.
" By focusing on the well-being of its employees as part of its growth strategy, Scutum is committed to a economic development beneficial to all. This virtuous approach is fully supported by GENEO Partners via the deployment of its obligations Relance This virtuous approach is fully supported by GENEO and may lead to an improvement in the financial conditions if the objectives are achieved," says Mathilde Paoli, Associate Director of GENEO .
About Scutum
Scutum is a major international player in turnkey safety and security services with a turnover of €230m and a global network of 70 offices in Europe and North America.
Dedicated to the protection of people and property, the company has placed CSR at the heart of its strategic challenges.
About Relance Bonds
On 16 November 2021, the French Insurance Federation and the French government launched a Relance Bond programme to support French SMEs and SMIs. Within this framework, GENEO Partenaires and TURENNE GROUP are participating in a joint grouping to invest €220 million in French companies in the form of dry bonds (not giving access to capital) with a maturity of 8 years.
About GENEO Partners
The raison d'être of GENEO Partners is to provide SMEs and SMMEs with a positive finance. An independent management company founded and owned by its current team, it manages GENEO Capital Entrepreneur270 million under management. As a business partner, GENEO mobilises to provide support for the execution of structuring, growth and transformation projects through its teams, including its specialised business partners (external growth, positive impact, digital and innovation), as well as its platform of more than 70 independent experts and its Community of 140 families and entrepreneurs, which offers a sharing of experience and business networks unheard of in France. The terms of this operational support are adapted to the specific needs of each company and formalised jointly by the GENEO team , the management team and the other shareholders of the company in a"Growth Book".
Passionate about those who make, create and want to move the lines, the team's sole ambition GENEO is to take each entrepreneur's ambition to the highest level.
At GENEOwhen we invest, we invest!
Contact GENEO
Mathilde PAOLI : mathilde@geneocapitalentrepreneur.com
https://twitter.com/GeneoCapital
https://www.linkedin.com/company/geneo-capital-entrepreneur
https://www.youtube.com/channel/UChZh_aqfqG-v9ANGWlLY2Tw
Press contact
Géraldine Otto
Tel: 06 18 43 86 22