Specialist in Flexible Equity OUR STRATEGY Investment policy Our - - PowerPoint PPT Presentation

Specialist in Flexible Equity

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OUR STRATEGY

Investment policy

 We make investments above €10m with an average investment per deal of €20-25m.  We take majority shareholdings in companies with an enterprise value generally in the range

• f €30m to €100m.

 Our portfolio companies main characteristics:

• midsize companies (generating revenue in

excess of €40m),

• proven profitability and ambitious growth

projects,

• potential to consolidate in a fragmented

market.

Our ambition Sectorial approach

 Through the investments we have been making for many years, we have forged special expertise in three business sectors:

• healthcare,
• services,
• specialised retail.

 Supporting midcap companies ready to move into new phases of growth.

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AN EXPERIENCED TEAM

 6 Partners.  Nearly 150 man/years’ experience in private equity.  Average of 10 years working together.

Johann Le Duigou Partner Jean-Paul Bernardini Managing Partner Pierre Rispoli Managing Partner Philippe Taranto Senior Partner Jean-Pierre Magagnin Senior Partner & CFO Vincent Houlot Partner

 Backed-up by a quality team of investment professionals and back-office members.

• NiXEN since 2004
• 28 years in PE
• PE, Banking, Consulting
• PAI Partners, BNP

Paribas, Accenture

• NiXEN since 2008
• 26 years in PE
• PE, Banking
• Siparex, Crédit National
• NiXEN since 2006
• 30 years in PE
• PE, Banking
• PAI Partners, BNP

Paribas

• NiXEN since 1988
• 28 years in PE
• PE, Audit
• Audit firms
• NiXEN since 2002
• 15 years in PE
• PE, Strategy consulting
• Bossard Gemini

Consulting

• NiXEN since 2005
• 13 years in PE
• PE, Strategy consulting
• Bain & Cie, Alstom Transport

Pauline Stragier Marketing & Communication Manager

• NiXEN since 2015
• PE, Business law

Steven Barrois Associate

• NiXEN since 2017
• PE, Audit
• Ernst & Young

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NiXEN SPIRIT

An independent team with solid foundations

 NiXEN is wholly-owned by its Partners since the spin-off of Natixis Private Equity in 2010.

• Working closely with entrepreneurs.
• Accelerating decision-making process.

 We enjoy the trust of leading French and international institutional investors.  Responsible and committed investor, we are an active member of the AFIC in the ESG Commission and the Club dedicated to Africa’s prospects.

Establishing partnerships

 Through discussions with the managers:

• we build long-term strategies,
• we clearly define our respective roles,
• we put in place incentive plans.

 Our fundamental undertakings:

• availability and promptness of the team,
• information-sharing and transparency.

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ACCELERATING GROWTH

 Defining best practises (governance, operational and financial monitoring…)  Accelerating organic growth.  Supporting operational enhancements.  Being involved in the key steps of internationalisation and digitalisation.  Completing external growth operations.

Since 2010 :

• 20 investments
• 14 divestments

20 structuring build-ups

NiXEN has been rewarded for its efficiency in accompanying

• ver-performing midcap

companies.

Le Magazine des Affaires, 2013

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ACCELERATING GROWTH HEALTHCARE

Company Inv. Exit Development focuses Achievements Build-up Internationalisation Digital transformation

Private hospitals

2010 2014 Strengthening the managing team, improvement of the operational performance, and support of an active build-up policy.

 

Medical diagnostics network

2008 2015 Completion of over 100 external growth

• perations, consolidation of the market

position, reinforcement of the managing team.

  

Animal heath

2008 2014 Focusing on strategic niche markets, external growth on new geographical zones and development of new products.

 

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ACCELERATING GROWTH SERVICES

Company Inv. Exit Development focuses Achievements Build-up Internationalisation Digital transformation

Engineering consulting

2014 Development policy in France and abroad, targeted external growth strategy.





(in progress)

Operational strategy consulting

2014 Organic development in France and targeted external growth strategy.

(in progress)



Construction of single-design home

2011 2017 National coverage improvement with an active build-up strategy.

 

Catering services

2005 2014 International growth and development of new activities.

 

Transportation

2008 2013 External growth, structuration of the Executive Committee.



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ACCELERATING GROWTH SPECIALISED RETAIL

Company Inv. Exit Development focuses Achievements Build-up Internationalisation Digital transformation

Household linen retailer

2013 Deployment of a store concept tailored to edge-of- town environments, pursuit of a cross-channel strategy, international development.

 

Games and toys retailer

2010 Organic and external growth, development of retail channels better geared to the development

• f consumer patterns.

  

Theme restaurant chain

2008 Expansion of the restaurants network, improvement of the operational performance.



Home furnishing / decoration

2008 2013 International development, multi-channel sales strategy (e-commerce).

  

Textiles retailer

2008 2014 Strengthening of the managing team, introducing commercial follow-up tools and a cross-channel and digital strategy.



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ACCELERATING GROWTH OTHER SECTORS

Company Inv. Exit Development focuses Achievements Build-up Internationalisation Digital transformation

Electronic subcontracting

2005 2014 Organic and external growth, notably international.

 

Luxury glass bottles

2006 2011 Ambitious commercial strategy and strong investment policy increasing production capacities by 40%.



Aluminium aerosol cans

2006 2008 Investment in new production lines, structuration of the Financial Direction.



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AN INTERNATIONAL PERSPECTIVE

A strong international experience

 Several international build-up

• perations since 2005.

 The Senior Partners have completed many build-up acquisitions and deals in several European countries.

NiXEN has been rewarded for its support in the international build-up operation of Ludendo / La Grande Récré on the famous British shop Hamleys.

Le Magazine des Affaires, 2012

Founding member of The Alliance for Global Growth network (Oct. 2015)

 10 funds with shared objectives :

• encouraging portfolio companies’ international

growth,

• access to a wide network of European and

North American professionals,

• sharing best practices.

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DIGITAL CHALLENGES

Before investing in the company

 Evaluate the digital issues regarding the company and its business sector.  Identify growth opportunities or performance improvements based on the latest digital developments.

Monitoring the investment

 Supporting the companies in their digital changeover (sharing views and introducing potential partners).  Recent examples:

Implementation of a cross- channel strategy. Recruitment of consultants, productivity improvements.

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RESPONSIBLE INVESTOR

We are convinced that environmental, social and governance (ESG) criteria add value to our portfolio companies.

 Embodiment in 2013 of our ESG commitments in an internal dedicated Charter.  Execution of a specific ESG audit prior to any new investment.  Identification of the best ESG practices and how they can create value.  Accompaniement of the management teams in the implementation of ESG action plans jointly defined .

NiXEN has been rewarded for the quality of its commitments with the Grand Prix ESG and sustainable development Private Equity Magazine, 2015 Signatory of the PRI. Member of the AFIC ESG Commission Steering Committee. Signatory of the Initiative Carbone 2020. We have been supporting since 2008 the action of the association which brings support to the populations the most in need in developing countries.

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NOTES

NiXEN Partners │ www.nixen.com 153, rue du Faubourg Saint-Honoré 75008 Paris - France Tel.: +33 (0)1.75.77.46.00 Fax: +33 (0)1.53.75.47.06