ICFG France successfully advised on the sale of TeamAxe to Sadem Group
|Deal Type||Mergers & Acquisitions|
The shareholders of TEAMAXE, a major independent player in the distribution of motorbike accessories in France, join forces with SADEM GROUP.
Created in 2006, TEAMAXE specializes in the distribution of motorbike accessories and equipment. The company started up its journey with the opening of a 650 sqm flagship store on Paris’ avenue de la Grande Armée, nearby the Arc de Triomphe. To these days, it remains one of the largest accessory shops in the capital city.
The company has resolutely developed its digital platform and adopted a multi-channel commercial approach the years, synching-up its network of shops with an e-shop, click&collect services and corporate accounts’ management.
SADEM GROUP has positioned itself within the framework of the competitive process set up by Societex Corporate Finance.
David Champagne, TeamAxe : Selling your company is always a turning point. It is at this moment that you know whether you have surrounded yourself well or not. The Societex team played a big role in the completion of the operation. Their presence was crucial at all stages. We had defined a detailed profile of the buyer that would best sustain employments, and this aspect of the deal was successful too. Societex: professional and human! Thank you once again for your assistance.
|Industry Sector||Consumer & Retail|