DELSOL Avocats assisted REALITES, a territorial development group listed on Euronext Growth founded in 2003 by Yoann CHOIN-JOUBERT, its CEO, operating in France and Africa (Morocco and Senegal) and employing more than 900 people, in its reserved capital increase for a total amount of €35 million at a price of €45 per share.
This fundraise, subscribed up to €30 million by the family holding Financière du Nogentais (FDNGT), owned by the French industrialist Jean-Michel SOUFFLET, and up to €5 million by the founders and managers of REALITES, marks a milestone in the Group’s development strategy.
The funds raised will provide REALITES with additional resources to ensure the success of its "Ambitions 2025" plan, aiming at reaching a turnover higher than €800 million by 2025 with a 8% operating profit rate.
The proceeds of the capital increase will also strengthen the Group’s assets and available cash. These funds will also contribute to the acceleration of REALITES’s ecological transition, which aims for carbon neutrality by 2025.
In the context of this transaction, DELSOL Avocats advised the issuer, REALITES, and the group’s founders with a team including :
Pierre GOUGÉ, partner and co-head of the « Mergers & Acquisitions - Corporate law » department, and Édouard PIQUE, associate,
Julien MONSENEGO, partner and co-head of the « Corporate taxation » department, and Céline VIAULT, associate,
Séverine BRAVARD, partner and head of the "Financing" department.