Kartesia supports Factoria and Groupe Baelen with refinancing solution

Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce it has provided a new financing solution to support investment firm, Groupe Baelen, in the refinancing of Groupe Factoria’s indebtedness and its active buy and build strategy.

Factoria (“the Group”, “the Company”) is France’s leading supplier of B2B printing solutions, IT and telecom services, employing nearly 550 people in France. The Company is positioned at the higher end of the market with premium service quality and has grown consistently since its creation, both organically and via successful acquisitions. The success of the Company is based on its diversified and loyal client base, its strong local presence with an efficient salesforce and its broad offering of services.

Kartesia had already invested in Factoria in September 2020, providing acquisition finance at the time to Groupe Baelen. This new financing solution will be provided by a combination of capital from  Kartesia Senior Opportunities (“KSO”) I and KSO II funds. The deal team included Damien Scaillierez, Charles-Henri Clappier, Hugo Campagnoli and Stanislas Pérère.

Charles-Henri Clappier, Head of KSO France, commented: “We are pleased to pursue our close collaboration with Groupe Baelen and Groupe Factoria, supporting it in this new stage of development. We are confident that, with this investment, Factoria is very well positioned to further consolidate its position in the printing industry and to expand in the IT and telecom solutions markets.”