Our points of view #7

International expansion

Novembre 2023

International acquisitions are a real lever for accelerating the development of SMEs and mid-caps.
But the effective implementation of such a strategy is fraught with obstacles, especially for companies that have never done so before. It is therefore key for companies to have solid support in order to properly understand the complexities that may arise during negotiations and then during integration.

In this issue of Our Points of View, Baudouin d’Hérouville, Partner, Head of MidCap at Initiative & Finance, discusses the role played by private equity in helping SMEs and mid-caps to successfully expand internationally, including through well-targeted acquisitions.

The testimony of Pierre-Louis Beaud, Chairman of Inomed (an investment by the “sme” fund), discusses a real example of an acquisition abroad together with the crucial issues raised by the integration phase in a context of cultural differences.

Finally, Hadrien Mollard, Managing Partner of Oaklins France, an investment bank that operates in 45 countries, shares his expertise in international mergers and acquisitions, gained through more than fifteen years’ experience in M&A.

We hope you enjoy the issue!

Investing and expanding internationally: the challenge for French SMEs and mid-caps

Investing and expanding internationally: the challenge for French SMEs and mid-caps

The international market remains an essential source of growth for French companies. In a global economy beset by high levels of inflation and rising interest…

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International M&A transactions: what you need to know before getting started!

International M&A transactions: what you need to know before getting started!

When French SMEs or mid-caps start to enter new markets through mergers and acquisitions, sparks sometimes fly! Culture shocks, language barriers, regulatory issues, etc. Acquisitions…

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Acquisitions and cultural issues: the example of Inomed in Switzerland and the Netherlands

Acquisitions and cultural issues: the example of Inomed in Switzerland and the Netherlands

Since being founded in 2006, Inomed Technology, a Swiss designer and manufacturer of sterilisation trays for the medical sector, has sought to expand beyond its…

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