NEXTSTAGE AM sells its stake in Botanica to Flore Participations to create a benchmark player in the green spaces business through the merger with Pinson Paysage
Paris, July 22, 2021 - After supporting the Botanica group and its two talented entrepreneurs in its development since 2007, NextStage AM and Sofipaca (acquired in 2014) are selling 100% of their shares. MBO & Co, majority shareholder of the Pinson Paysage group (100 M € turnover, 1 employees) since October 000, reinvested alongside the management teams of the two companies to create a nationwide group with 2019 locations .
Founded in 1987 in Villeneuve-Loubet (Alpes-Maritimes) by Jean-Daniel Hernandez, Botanica has become a benchmark player in France in the market for the maintenance, development and irrigation of green spaces. The company has developed three key activities:
• Green space division: creation and integration of environmental solutions
• Sports field division: expertise in natural and synthetic grass sports surfaces
• Water control unit: irrigation management
With the creation of 5 new branches and as many external growth over the period, a growing workforce (+160 employees since 2007), and the implementation of an EFQM benchmark, the group quadrupled its turnover in fourteen years, going from € 6m to € 25m. The entrepreneurs have perfectly executed their organic and external growth strategy, with in particular 5 acquisitions since 2018. The company initially present in the PACA region, now also covers the Ile-de-France, Loire Valley, Rhône-Alpes, South-West regions and Grand Est. On the strength of the quality of its services, the group was awarded the Operational Excellence Award in 2017 at MEDEF.
Driven by a common culture centered on excellence and the quality of customer relations, this merger will enable the new Group to always better meet the global expectations of public and private customers in terms of greening, maintenance of green spaces, management water and the development of sports grounds. This operation will be accompanied by growth opportunities for all employees and future talents.
Present in the capital since 2007, NextStage AM has worked with Jean-Daniel Hernandez, President of Botanica, Sandrine Martin, Managing Director, and their teams to structure the company's offer and extend its territorial presence.
This successful development strategy enables NextStage AM to achieve high performance, which reflects fourteen years of fruitful collaboration.
“The arrival of NextStage AM in our capital has enabled us to structure our management and to deploy a global landscaping offer for public and private key accounts. Leader in the PACA region, we have become a nationally recognized player, while having retained our DNA based on the quality of our services and products, and the love of nature ”, declares Sandrine Martin, Managing Director of the Botanica group .
“The support of NextStage AM has been essential in the deployment of the group. The support provided by Jean-David Hass and Michaël Strauss-Kahn has enabled us to build and integrate several companies, develop and structure the group's resilience and constantly challenge ourselves in improving our model, both operational and financial. I am delighted to have had NextStage AM as a partner during these years and to have been able to benefit from their daily contribution ”, declares Jean-Daniel Hernandez, President of the Botanica group.
“We are proud to have supported Botanica in its strategic decisions and to have been able to forge a trusting partnership with Sandrine and Jean-Daniel. The group has doubled in size in recent years while cultivating and preserving the operational excellence of its teams as well as its human capital. The merger with Pinson Paysage also responds to NextStage AM's ambition to create, through its shareholdings, French champions who are vectors of jobs and growth ”, adds Jean-David Haas, CEO of NextStage AM.
“Botonica is committed to themes that are close to our heart such as environmental innovation and ESG. This is evidenced in particular by its intelligent watering solution developed a few years ago to avoid wasting water, its innovative waste recycling system and the numerous certifications obtained in terms of environmental management (ISO 9001 and 14001, etc.). Today, the company is taking a significant new step forward by joining forces with a leading green space group in France, ”adds Michaël Strauss-Kahn, partner at NextStage AM.
About NextStage AM:
Independent management company based in Paris, approved by the AMF, NextStage AM, which has cultivated an “entrepreneur-investor” philosophy since its inception in 2002, is one of the pioneers and leaders of innovative and patient development capital. France, which has set up, step by step, a Private Equity, multi-strategy platform which represents a total of nearly AUM € 5,5 billion, directly and indirectly. NextStage AM invests in a limited number of medium-sized companies (65 companies in the portfolio as of 31/09/2020), French and European, innovative, and growth, to which it brings entrepreneurial expertise as an investor and strong operational support (integration of innovation, talents, international, external growth). NextStage AM provides long-term support to these Medium-Sized Companies (MTEs), unlisted and listed on Alternext and Euronext B and C. It gives them the means to accelerate their development and their capacity for innovation to become the “Champions” of their markets, both in France and internationally, through organic and / or external growth.
NextStage AM was awarded in December 2015 the Gold Award for the best player in development capital in Europe by Private Equity Awards, in 2017 NextStage Croissance won the special prize of the Actifs de l'Innovation Jury and in 2019 the Prize of drafting, Private Equity category of the 2019 wealth management pyramids.
With NextStage Championnes III, dedicated to nuggets established in the territories, supplemented by FPCI Capital Entrepreneur, a re-employment fund dedicated to entrepreneurs wishing to access the strategy developed for institutions, NextStage AM completes its development capital investment program and strengthens its capacity intervention, particularly in the territories.
Press contacts :
NextStage AM: Jonathan Boudin - firstname.lastname@example.org - 01 44 29 99 04
Download the press release: CP - NextStage sells Botanica