evolem began with an entrepreneur
TRANSCRIPT
EVOLEM : AN ENTREPRENEUR’SINITIATIVE
P.2
OurEXPERTISEP.4
OurTEAMP.6
OurVALUESP.7
KeyFIGURESP.5
INVESTMENTstrategy and criteria
P.3
Other INVESTMENTS
P.17
NewPLATEFORMS
P.16
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OurCOMPANIES
P.8
June 2017
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CONTENTS
Communication€17M - 160 employees
Acoustics and Vibration Measurement€87M - 640 employees
Specialized Nutrition€58M - 236 employees
New sectors?See investment strategy and criteria (p.3)
?
1988 : Bruno Rousset founded APRIL
1997 : APRIL IPO on French stock exchange
1997 : Creation of EVOLEM (Business Angel activity)
2007 : Hiring of professional investment team and first build-up deals
2011 : Focus on build-up strategy
Bruno Rousset
100 %
64 %
APRILInsurance Groupe
€861M - 3861 employees
Occupationnal Reintegration€49M - 1350 employees
Toys and recreationnal activities€32M - 55 employees
Wood Energy€15M - 78 employees
Recreational motor vehicles€44M - 112 employees
EVOLEM BEGAN WITH AN ENTREPRENEUR
HISTORY
2
Exclusivelymajority-stake operations
SMEs with revenues of €20M to €100M(at least €2M for build-up)
Proven and profitable Business model founded onmarketing and innovation
Equity investmentup to €25M
Build strategy through acquisitions
Niche markets with consolidation
opportunities
Long term strategywith no exit deadline
Active supportof the management team
3
BUILDINGTOMORROW’S LEADERS
STRATEGY CRITERIA
INVESTMENT STRATEGY AND CRITERIA
4
An entrepreneurial investment approachOUR EXPERTISE
DEVELOPING COMPANIES REQUIRE LONG-TERM STRATEGIC VISION
SHARE A STRATEGIC VISION
• A flexible and available strategic committee
• Close partnership with directors• Small and responsive team
CREATE VALUE
• Value is generated by the project, the team and its strategy
• Strong external growth culture, source of synergies
ENSURE LONG-TERM GROWTH• Reinvestment funds to drive growth
• No exit deadline
RESPECTOF COMPANY FUNDAMENTALS• Cautious financial levers• Promoting men and women• Long-term vision
AN
ACTIVESHAREHOLDER
ALONGSIDE THEMANAGEMENT TEAM
Evolem, today* :
33 79
180571
7 2 0GROUPS (SO FAR) YEARS EXPERIENCE
MILLION EUROSINVESTED SINCE ITS CREATION
MILLIONS EUROS OF AGGREGATE
REVENUES
COMPANIES SUPPORTED SINCE ITS CREATION
* excluding April 5
KEY FIGURES
14E M P L O Y E E S
3144JOBS
EXTERNAL GROWTH
OPERATIONS, 5
CROSS-BORDER
OPERATIONS
Bruno ROUSSETCEO
Christophe BROGUIEREReal Estate Director
Marie-Christine VARNIERCFO
Ségolène DE MONTGOLFIEREvolem Citoyen
Bérangère TARDITSCFO & Real Estate Assistant Director
Lucile EXARTIERBruno Rousset
Assistant
Peggy DESOUTTERInvestment team
Assistant
François NOIR Deputy CEO
Maxime BOYER Acquisition & Strategy Director
Thomas RIVALSenior Strategy & Market
Analyst
Clément VENARDAnalyst
Grégoire SÉBÉAnalyst
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OUR TEAM
Sandrine ESCALEIRA Acquisition & Strategy Director
Alice D’HERVÉAnalyst
OUR VALUES
The Entrepreneurs de la Cité foundation was created by Bruno Rousset in 2006 and is officially recognised for its contribution to the public interest. It offers a unique micro-insurance system adapted to the needs of entrepreneurs, in particular individuals with disabilities. It has helped more than 6,700 entrepreneurs since its creation, of which 81% used to be unemployed before.
EVOLEM has been committed since 2008 to the GROUPE ID’EES , which has become one of the leading French players in the field of occupational reintegration. Today, this Burgundy-based group is present in 25 French departements and helps nearly 3,000 people gain access to long-term
employment each year.
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PRO
MO
TE P
EO
PLE CREATE JO
BS
SMEs GROWTH SUPPORT
As socially responsible investors, we have a duty to act in the best long-term interests of our companies. EVOLEM is signatory of the PRI (Principles of Responsible Investment) . This United Nations-supported initiative is an international network of investors working together to incorporate environmental, social, and corporate governance (ESG) issues
into their investment decision making and ownership practices.
EVOLEM, a socially responsible company
OUR COMPANIES
2007 2008 2009 2012 2012 2013 2014
Specialist in clinicalnutrition products
Specialist in thedesign and productionof dehydrarted food
products
Distributor of products for healthcare and education sectors
Production of tinned meals
Distribution of high-protein weight-
loss products
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Build-up
€200MGOAL
Specialist in sportsnutrition
Mixed meal formedical nutrition
€7M€9M
€21M
€33M €34M€35M
€58MRevenues
OUR COMPANIES Build-up
€50MGOAL
€1M
€7M
€8M€9M
€15M
Revenues
Corporate communication Strategy consultant
Interactive communication, digital marketing, websites,
e-commerce
Operational communication
consulting agency
Development of smartphone and tablet
applications
Development of smartphone and tablet applications
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2003 2010 2011 2012 2015
Social media
2017
€17M
OUR COMPANIES Build-up
2011 2011 2011 2014 2015
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Sound and vibration monitoring
Engineering for Industrie Predictive maintenance of industrial processes
Laser shaft alignment system US distributor of industrial maintenance systems
€150MGOAL
Revenues
€13M
€23M
€42M
€55M
€63M
€87M
2016
Provider of air quality monitoring system
Fireplace manufacturer Sheet metal factory Design and distribution of wood stove
Wood Stove
Revenues
2007 2007 2012 2014
€100MGOAL
€3M
€5M
€7M
€15M
11
OUR COMPANIES Build-up
Outdoor and art & craft toys under licence
Art & craft toys under own brands
€100MGOAL
Revenues
12
OUR COMPANIES Build-up
2015 2016
€23M
€32M
€100MGOAL
OUR COMPANIES Build-up
Temporary employment Environment Construction Catering Other business sectors
Revenues
€25M
€32M€37M
€40M€49M
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Revenues
€26M
€41M
2008 2008
€44M
2017
Sale of vehicle spare parts and other equipmentsManufacturing and sale of go-karts
Constructor of competition and rental karting
€100MGOAL
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OUR COMPANIES Build-up
Revenues
€295M
€861M
Health & Personal insuranceProperty insurance
€1BGOAL
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OUR COMPANIES Build-up
NEW PLATFORMS
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EVOLEM IS WILLING TO INVEST IN 5 TO 7 NEW NICHE MARKETS
MARKETSNiche market with
consolidation opportunities and international
development
TARGETED COMPANIES
Profitable business model based on innovation
and marketingRevenue between€20M and €100M
TYPES OF DEALMajority stake(including MBI)
Equity investment up to €25M
?
OTHER INVESTMENTS
2011Revenues 2017 : €7 M
2008Revenues 2016 : €5 M
French specialist in the design and manu-facture of tailor-made
Majority shareholder
Minority shareholder
Owner operator of “Certif icat Voltaire”
and designer of e-learning solutions
2011Revenues 2016 : € 0
Producer of biological biocide for water treatment
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2015Revenues 2016 : €9 M
Health software editor at work
6, quai Saint Antoine I CS 60026 I 69289 LYON Cedex 02 Tel. : 04 72 68 98 00 I Fax : 04 72 68 98 09
www.evolem.fr