Eurazeo

Eurazeo has recently invested in CTN Groupe via its Corporate Financing (Private Debt) business and its Eurazeo Corporate Relance (ECR) and NOVI 2 funds1. The aim of this new transaction is to continue and accelerate the company’s development.

CTN Groupe is a major player in the events industry. For more than 40 years, it has been designing and distributing decoration products and solutions (walls, ceilings, floors etc.) for a wide array of events. The group has 12,000 product lines and operates via an optimised, efficient logistics network that enables it to deliver most products on a next-day basis.

CTN Groupe has gradually diversified its business into adjacent sectors through the successful acquisitions of Bâches de France and Like Mirror, and through geographical expansion into the UK and Belgium.

CTN Groupe will pursue the development plan inspired by Olivier Langlois since his arrival in 2019. The plan mainly involves implementing a strategy based on profitable sales growth, digital transformation, CSR and acquisitions, between now and 2027.

Eurazeo now has carried out a €22.0 million sponsorless transaction to allow Indigo Capital to exit and to pass ownership to a new generation of operational managers, while allowing CTN Groupe to pursue organic growth and acquisitions in its core businesses.

In this transaction, CTN Groupe and the investors were accompanied by the group’s long-standing banking partners (BNP Paribas, LCL, CIC, La Banque Postale and BPI) as part of a refinancing of the company’s debt.

This is the fifth investment made by Eurazeo’s ECR fund since it was launched in 2022.

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