The investment banking arm of Belgian private bank, Degroof Petercam, assisted investment fund D&P V Gestion as financial advisor with its disposal of Barou Equipment to a consortium.
Barou Equipments manufactures specialized, high value-added steel equipment for the heavy industrial sector. In 2019, the company made €19.9 million in profit, representing a 10% Ebitda margin.
D&P V is an investment vehicle set up in 2010 by Développement et Partenariat, a fund specialized in capital development and capital transmission. D&P V was established to invest in French SMEs generating between ten and a hundred million euros in profit. It had acquired Barou Equipments from its owner, Noël Barou, in 2015.
The team at Degroof Petercam consisted of Bertrand Manet, Cyril Kammoun, Arnaud Rebray and Louise Margerit.