Prayon
Successful refinancing of their syndicated facilities.
Biotech manufacturing
Buy-out of partner’s shares and acquisition of a competitor to create a group leader of the sector. Support in optimizing the financing structure and securing a complex funding notably including equity and €5m+ senior debt

THE STORY
BioScientific Group, through its company Barré SA is a renowned specialist in Clean Piping, Air Processing & HVAC and manufacturing of special pieces, equipment and machines made of stainless steel. Over the years it became a reference in the sectors of biopharma, biotech, life sciences and high purity industries in general by providing high-technology equipment.
Supporting the strategic ambition to become leader in its sector, management grasped the opportunity to incorporate R-concept into BioScientific Group. R-Concept, former competitor and now sister company of Barré S.A., is complementary to the business and structure of the group.
Ernest Partners acted as sole financial advisor for a dual mission consisting in funding both the reorganization and development of the group through the buy-out of former partners and the acquisition of R-Concept. We developed a dynamic financial model, including several sensitivities with an ambitious but highly substantiated forecast for the next 5 to 10 years. With this model and a fully-fledged Information Memorandum prepared for the group, endorsing the company vision and ambition, Ernest’s team led the discussions with the financiers (banks, investors or public institutions).

Ernest Partners works side by side with clients throughout the process, from initial analysis to the final outcome.
Our team combines financial expertise with hands-on experience. We help clients understand their working capital position, identify where improvements are possible and take the right steps to strengthen liquidity.