June 17, 2021
Weinberg Capital Partners announced that it had entered into exclusive negotiations with Motion Equity Partners for the sale of its majority stake in Résilians.
On June 15, Willkie client Weinberg Capital Partners, announced that it had entered into exclusive negotiations with Motion Equity Partners for the sale of its majority stake in Résilians.
Founded in 1995 by Alain Tanguy, Résilians is the leading independent provider of in-kind damage repair services in France. The group has developed a complete range of services in the fields of emergency assistance and building renovation. Résilians provides services to individuals and companies on behalf of insurance companies, experts and co-ownership syndicates. Historically present in the West of France, the group has extended its network by opening agencies as well as through structuring acquisitions (3iD and Nüwa).
Résilians is also a pioneer in the digitalization of its businesses. In addition to its own developments, the Group notably acquired the digital jobber platform Frizbiz in June 2020.
The group now has 1,200 field workers and a unique national network of 42 agencies.
Since Weinberg Capital Partners acquired a majority stake alongside the management team and Vespa Capital in 2017, Résilians has more than tripled in size. With an annual organic growth of over 10% and its recent external growth operations, Résilians has passed the 100M in turnover.
Founded in 2005, Weinberg Capital Partners is an independent investment firm historically active in buyout capital, which broadened its scope of intervention to real estate assets in 2008. Since 2015, Weinberg Capital Partners has been investing in the capital of French listed SMEs as a minority shareholder with an active, friendly and long-term approach. In 2020, WCP added to its capacity to invest in SMEs with a minority strategy focused on sustainable development issues, which offers extra-financial support to better prepare companies for environmental and societal challenges.
With €1.3 billion in assets under management, Weinberg Capital Partners is a key player in the mid-market equity segment in France.
The Willkie deal team was led by partner Cédric Hajage and included Counsel Georges Balit, associates Louis Jambu-Merlin and Camille Barrabino on the corporate aspects; partner Paul Lombard and associate Ralph Unger on the finance aspects as well as partner Faustine Viala and associate Sarah Bouchon on the antitrust aspects of the transaction.
