LBA

Design, assembly and sale of access security solutions and automatic barriers.

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Grégoire Harhoura joined La Barrière Automatique, the company created by his father in 1984, in 1993. He went on to occupy "every position" in the firm on his way to becoming CEO in 2000. In 2002, he acquired a majority stake and, through an ambitious sales policy and constant innovation, transformed a small business with a €1.5 million turnover into one of the leading players in the automatic barrier sector, with prestigious highway operators among its customers.

In December 2011, Initiative & Finance set up an OBO with Grégoire Harhoura to support his efforts to change the scale of the company: consolidating the organizational structure, diversifying the product range to reduce the share of total revenue accounted for by highways, and accelerating the international development that had just begun.

In late 2018, after more than six years of collaboration, Initiative & Finance parted company with the firm. Grégoire Harhoura continues to write the next chapter in the story of a group that is now structured and diversified.

Investment period

Dec.-11 - Jul.-18

Evolution of turnover

12M - 17M€

Type of investment

OBO

Changes in the number of employees

37 to 64

Region

Auvergne-Rhône-Alpes

Sector of activity

Industrial goods and services

Add-on acquisitions

1

Associated Team

Thierry Giron

Thierry Giron

Managing Director & Partner

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Jérôme Mathieu

Jérôme Mathieu

Investment Manager

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