Press release - 12 December 2023
Largillière Finance advised Etablissements Revert et Dessaint, a specialist of the Île-de-France in the distribution of industrial supplies, in its acquisition by the Baelen Group.
Founded over 200 years ago, Etablissements Revert et Dessaint are specialists in the distribution of tools, hardware and industrial supplies. With its 4 sales outlets and some 50 employees, the company generates sales of €12 million for both professional and private customers. Over the years, it has developed unique expertise in the management of public procurement contracts.
Founded in 2003, the Baelen Group generates sales of €500 million through 10 business divisions, including DB Next. Etablissements Revert and Dessaint will join the DB Next division, which brings together all BtoB distribution activities for industrial supplies.
This operation will enable the company's directors, Martine Messager and Jean-Paul Fréville, to retire while ensuring the long-term transfer of their company.
Jean-Paul Fréville and Martine Messager, Managing Directors of Ets Revert et Dessaint comment: “Expertise, Trust and Transparency: the credo of Largillière Finance's support”.
Tanguy Mantelin, Founding Partner of Largillière Finance adds: “We are delighted to have supported Martine Messager and Jean-Paul Fréville in the sale of the company they have run for nearly 30 years. Numerous industrialists expressed their interest in Ets Revert et Dessaint; the Baelen Group was able to make the difference by proposing a competitive project that respected our client's identity”.
Stakeholders in the operation:
| Seller: Ets Revert et Dessaint | Martine Messager, Jean-Paul Fréville |
| Buyer: Groupe Baelen – DB Next | |
| Seller M&A Advisor: Largillière Finance | Tanguy Mantelin, Nicolas Ibanez, Thibault Vandevyver |
| Seller M&A Legal Advisor: AdWise Avocats | Jean-Louis Médus, Julie Guyart |
With offices in Paris, Lyon, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.
