parquest capital

fr
5asec

the company

  • International group operating in 30 countries.
  • Worldwide leader of textile care services.
  • With a network of 1,900 sales outlets 5àSec generates a business volume of more than €350M and employs more than 6,000 people.

THE PROJECT

International development and diversifying the service offer

Created in France 40 years ago around a simple concept aiming at offering to individuals fast and quality textile care services located in shopping areas, 5àSec has developed a worldwide network through corporate stores and franchisees.

Over the last 10 years, the group has accelerated its expansion, and has increased its store network from 1,100 (of which less than 2% self-owned) to 1,900 (of which 17% self-owned), operating in more than 30 countries.

Supported by Parquest Capital, majority shareholder since 2007, the management team led by David Sztabholz is pursuing an ambitious growth strategy in a still fragmented world market:

  • by benefiting from new external growth opportunities and a strong market growth in emerging markets,
  • by leveraging on the development of new services, especially in the BtoB market,
  • by investing in tomorrow's cleaning technologies.

MAIN ACHIEVEMENTS

  • December 2014 - 5àSec Group raises €10m of new cash from Rive Private Investment together with mezzanine lenders and the current shareholders.
  • February 2011 - Build-up – 5àSec finalizes a new acquisition in Argentina and expands its presence in the south American continent.
    Learn more… (French version)
  • July 2010 - Build-up – 5àSec strengthens its position in Latin America by acquiring its Master Franchise in Brazil.
    Learn more…
  • 2009-2010 - Build-up – 5àSec acquires 3 networks in France and German-speaking Switzerland.
  • January 2008 - Build-up – 5àSec strengthens its geographical footprint in France by acquiring its main competitor, the Financière de L’Ille group.
    Learn more… (French version)
Investment date July 2007
Divestment date -
Sector Textile care services
Deal type MBO
Headquarters Genève (CH)
Turnover (€M) 85
Headcount 950
CEO David Sztabholz