DATE

April 1, 2019

SECTORS

Industrial

DEAL TYPE

M&A

Pechel takes a minority stake in the capital of Grand Large Yachting

Blueprint Partners advised the historical shareholders of Grand Large Yachting in this transaction

Founded in 2003 by Xavier Desmarest and Stéphan Constance, Grand Large Yachting is one of the world leaders in the construction of monohull pleasure boats and catamarans for long-distance cruising and exploration. Since the creation of Allures Yachting (a brand of cruising monohulls) 15 years ago, the group has quickly become a reference by taking over and developing iconic brands in the pleasure boating sector: Garcia Yachts, Outremer and Gunboat. The group is also present on the professional marine market with its Alumarine and Ocean Voyager brands and in services.

By placing innovation at the heart of its development (holder of the FrenchTech© pass), the multi-award-winning group has established itself on the market by capitalizing on a sustainable industrial model. Grand Large Yachting is present on several sites in France, the United States and Sri Lanka, has exceeded 40 million euros in turnover and continues to grow steadily. With an international focus, the group exports 70% of its production.

A long-standing investor in French SMEs and mid-caps, Pechel has been supporting entrepreneurs and financing growth projects for over twenty years. With a flexible and creative investment strategy, Pechel has supported nearly 40 companies since its founding in sectors as diverse as distribution (Précisium, Automotor, Private Sport Shop, Histoire d'Or, Comptoir des Cotonniers), health (Dial Invest), industry (Sateco, Recaero), services (Temis, CWI, SVP), agribusiness (Goëmar) and communications and media (Dubbing Brothers).

“They were very professional and efficient at all stages of the process: preparation of documentation, financial analysis, selection of funds corresponding to our specifications, negotiations, preparation and monitoring of the data room and closing. This is a critical process, it is essential to be accompanied by experts such as Blueprint Partners.“

Xavier Desmarest

Founder & CEO
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Grand Large Yachting

“Grand Large Yachting is an extraordinary group. The teams have brought strong industrial and marketing innovation to this traditional market. With this prism, they have each time succeeded in taking over great brands to make them leaders in their segments. Pechel will support the growth of the group, bringing his reflexes as a professional shareholder and his financial capacity to accelerate external growth. We are very proud to have supported the Grand Large Yachting teams in this operation.“

Eric Plantier

Partner
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Blueprint Partners

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