Neovian Partners assisted Sparring Capital in their investment in Génie Flexion, provider of hydraulic hoses and fittings repair services
Paris, May 19th, 2022. The strategy consulting firm Neovian Partners supported Sparring Capital in their investment in Génie Flexion, provider of hydraulic hoses and fittings repair services.
Created in 2001, Génie Flexion, a group specialised in the repair of hydraulic hoses and fittings, achieved a turnover of €16.3m in 2021 thanks to its network of 14 agencies and 97 intervention vehicles. Currently present in the North of France (Île-de-France, Hauts-de-France and Normandy), Génie Flexion aims to strengthen its activity in these regions and develop in the East, through the expansion of its intervention vehicles/points of sale/repair mixed business model.
Beyond the analysis of the French market of hydraulic hoses and fittings repair services, its underlying markets’ dynamics and the competitive landscape, the Strategic Due Diligence carried out by Neovian Partners successfully fulfilled the objective of apprehending the robustness of Génie Flexion’s business model and its growth perspectives over the next years, especially from an external growth and a regional development point of view.
Neovian Partners’ team was led by Patrick Richer, Founding Partner and Leonid Dorogoï, Head of Lyon.
“ We were delighted to support Sparring Capital in this operation. Génie Flexion, established provider of hydraulic hoses and fittings repair services, has a well-performing hybrid business model including fleet of vehicles and counters, which seems to us to be the most relevant, in a context of strong development of the fleet model and proven customer interest in having an additional point of sale/repair offer. Operating in a deep market, Génie Flexion has numerous growth levers to activate over the next years in terms of talent management, digitalisation, development of preventive maintenance, external growth…”
Patrick Richer, Partner
About Neovian Partners
Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com