Carmin Finance / ICFG France advised G2F and the Fouquet family in the sale of the Escalotel Group to a group of buyers
Seller | G2F and the Fouquet family |
Target | Groupe Escalotel |
Deal type | Mergers & Acquisitions |
Territory | France |
Transaction Description | Escalotel, owned by a family group, is one of the main franchisees of AccorHotels in France, it owns the business and the 12 hotels (850 rooms) in Paris, Amiens, Saint-Quentin and Avignon, Saint-Quentin and Avignon. The hotel group has a turnover of 20 million. Escalotel, which will now be operated by Alboran’s expert hotel management teams, offers numerous advantages in terms of value creation: optimisation of value creation: optimising the operational management of the sites, repositioning of certain assets at the heart of their market, enhancement of of land reserves and growth through acquisition. The takeover project is a continuation of the management carried out by the sellers, with the integration of the historical teams. Alongside Bpifrance, which joined the buyers, a consortium of financial of financial investors composed of Omnes Capital, Picardie Investissement and Investissement and Rives Croissance was brought together by Trocadero Capital Partners to complete the round of financing for this operation. ABOUT ALBORANThe purpose of Alboran is to acquire and manage of hotels. Founded in 2016, Alboran combines two main skills: real estate expertise and operational management. The company’s ambition is to operate as a hotel operator with a view to owning asset management. Alboran supports its partners through 3 businesses: operator, investor and consultant. Alboran relies on a tightly knit shareholder base consisting of Eric Omgba, Jérôme Bosc and Yann Caillère, an expert in the hotel industry industry and former director of the Disneyland Paris, Louvre Hotels, Accor and Hotels, Accor and Parques Reunidos. “Our partnership with Trocadero Capital Partners and Bpifrance for this acquisition is fundamental: we share analyses, visions and strategies and, depending on the opportunities, we hope to carry out other development operations together. The acquisition of the Escalotel group is a founding step in our desire to create a new investment and hotel management platform that will serve as the basis for a portfolio of the basis for building a portfolio of hotels nationwide. As experts in hotel management, we are convinced of the opportunity to create value in both operations and property management” say Eric Omgba, Jérôme Bosc and Yann Caillère, co-founders of Alboran. “Since we met Jérôme Bosc, Éric Omgba and Yann Caillère two years ago, a common vision of the French hotel market. After several months of collaboration and after studying numerous opportunities, we were seduced by the quality of Escalotel’s assets and the diversity of its geographical locations, which were fully in line with our strategy. We are delighted to be working with Alboran on this project and will be committed to support them in the implementation of the organic and external growth drivers identified”, add Alexis Bougon and Philippe Bruneau at Trocadero Capital Partners. “With the France Investissement Tourisme fund, Bpifrance supports sector professionals with key know-how and skills, such as the key skills, such as the Alboran team, who have the ambition to grow their group to grow, whether through organic development or external growth. We have already identified several projects with the new management team”, explain Jessica Barbé and Alain Tueux, investment directors at Bpifrance. Alboran in a few figures : More information on www.alboran.fr |
Industry Sector | Real estate & Infra-business |
ICFG Office | Paris |
Carmin Finance / ICFG France advised G2F and the Fouquet family in the sale of the Escalotel Group to a group of buyers
Thanks to Carmin Finance / ICFG France, Escalotel, which will now be operated by Alboran’s expert hotel management teams, offers numerous advantages in terms of value creation