Press article - 16 November 2023
Largillière Finance, founded by Paul Bougnoux and Tanguy Mantelin in Paris in 2005, announced in the spring that it would be moving to Nantes (Loire-Atlantique), after Lyon in 2021. This has now been achieved, with the appointment of Pascal Le Campion as partner, with the task of opening and managing Largillière Finance Grand Ouest's Nantes office. The investment bank will cover the southern part of Normandy to the north of the Charente, including the Pays-de-la-Loire, Brittany and neighbouring regions. "This expert brings his in-depth knowledge of the regional ecosystem, his network of decision-makers and his experience in corporate finance to the investment bank's teams”, explains Paul Bougnoux, co-founder and CEO of Largillière Finances.
Pascal Le Campion, 55, holds a Master's degree in finance from the Université François Rabelais in Tours. He began his career in corporate finance with CIC Paris and then Fortis, where in 2004 he created the small and mid cap financial engineering business for the West. Both an operating and investment banker, he founded Crédit Agricole Ouest Alliance in 2009 for three Crédit Agricole Regional Banks. Based in Nantes, he has advised on, negotiated and executed some one hundred structured financings in connection with LBOs, investments and external growth. The bank is finalizing its physical offices, which will eventually be able to accommodate additional staff.
With offices in Paris, Lyon, Brussels, Geneva and now Nantes, Largillière Finance is an independent merchant bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing, financial engineering and strategy. With over 35 employees and a strong international presence, it carried out almost 30 transactions in 2022.
Over the past three years, Largillière Finance has completed more than a dozen transactions in the Greater West of France, including the sale of Hydeclim, in Loire-Atlantique, to Sonepar this November 2023, the raising of financing for XLabs (Pays-de-la-Loire) and the sale of Resco to Alptis (Pays-de-la-Loire) early 2023.
“Our business is not experiencing a slowdown in transactions during this complex period, but a lengthening of lead times. We're talking about 9 to 15 months for deals with investment funds, compared with 6 to 9 months previously. From one company to the next, the timeframe has gone from 9 to 12 months to 12 to 18 months,” points out Paul Bougnoux. “With fairer negotiations returning to pre-Covid normality.”
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.
