Build up & External Growth : The universe of possibilities !

Dear entrepreneurs, we are delighted to invite you to our monthly round table on Wednesday May 15 at 6.30 pm.

Let's think big today!

In these difficult times marked by high interest rates and tight LBO financing, why not look at your search for a business to take over or your development through the prism of build-up?

As an alternative, starting with an initial small-scale operation (and therefore easier to finance), it can make it easier to finance future operations and build up a fine project and significant professional assets over time.

We'd like to explore the different facets of this issue with our speakers, and take advantage of their feedback with concrete case studies.

- What profile should a first-time buyer have?

It's the first brick in your project.

- Which sectors should we focus on? Sectors of activity where concentrations have yet to be achieved (multitude of small players)

- What are its financial characteristics? (First business whose development will generate the cash flows needed for future activities).

- How to complete this first operation?

- Upstream/downstream vertical integration, horizontal growth in related businesses

- Company in bonis, or buyout at the bar

- What specific skills will the buyer need to develop?

Knowing how to surround yourself with a task force, structuring your set-up and workflows, thinking about HR integration, etc.)

- What pitfalls to avoid?

To discuss this topic and explore its various facets, we will be pleased to welcome :

- Maitre Albert Serfaty, Avocats Gérant, is a partner in a human-sized Parisian business law firm specializing in restructuring distressed companies and M&A. He works on a daily basis with entrepreneurs and funds on national and cross-border transactions.

- Etienne Avril, partner at Vestra Capital, provides day-to-day support to SME managers in their search for financing, fund-raising and mergers & acquisitions.

- Buyers who have developed their company through a strategy of external growth.

As usual, the round table will be followed by a convivial cocktail reception.

Rendezvous on Wednesday, May 15, 2024 at 18.30

HEC Alumni Association at 9 avenue Franklin Roosevelt 75008 Paris

and in Zoom ( link communicated 1 hour before the conference ) .

Registration is mandatory (places are limited) on the event page by clicking on the following link:

https://www.hecalumni.fr/en/event/build-up-and-croissance-externe/2024/05/06/11354