The WMH PROJECT Group is accelerating its development with support from Bpifrance and I-Deal Development
Created in 1995 by Marc Fischer and Franck Chaud, WMH PROJECT Group is an expert in the fields of Spatial Design, Event & e-Event, Incentive & Travel and Public Relations. A national reference in events and communication, the WMH Group has experienced strong growth since its creation, driven by organic growth and regular and structuring acquisitions. With more than 1600 projects and more than 600 events, WMH PROJECT becomes the independent leader in France in its sector and achieves 143 million euros in sales in 2022.
Thanks to its experience and multiple external growth over the past two years, the WMH PROJECT Group anticipates a need for cash to support its organic growth in order to continue its development in acquisitions and invest internally. In order to finance its growth ambitions, Bpifrance grants WMH PROJECT Relaunch Bonds.
The I-Deal Development team supported WMH PROJECT Group in the negotiation and active search for partners for its relaunch bond lift to finance its development.
Investments in equity and the mandatory financing of Bpifrance are made by Bpifrance Investissement. Bpifrance finances companies – at every stage of their development – in credit, guarantee and equity. Bpifrance supports them in their innovation projects and internationally. In addition, the company also ensures their export activity through a wide range of products. Consultancy, university, networking and acceleration programme for startups, SMEs and midcaps are also part of the offer for entrepreneurs.
Through Bpifrance and its 50 regional offices, entrepreneurs benefit from a close, unique and effective contact to help them face their challenges.
More information on: www.Bpifrance.fr – https://presse.bpifrance.fr/
About the French Recovery Bond Fund
The €1.7 billion Relance Bonds France fund, created by France Assureurs (formerly FFA) and the Caisse des Dépôts, finances the growth and transformation of French SMEs and midcaps affected by the health crisis.
Part of the French Recovery Government Plan, the French Recovery Bonds benefit from a partial State guarantee. Ranging from €2 to €100 million and lasting 8 years, they are aimed at French SMEs and midcaps, presenting an ambitious development plan through organic and/or external growth. Redeemable in fine, the Recovery Bonds, which must be issued before 30 June 2022, do not provide access to capital and do not provide for security.
About I-Deal Development
I-Deal Development was founded by Frédéric Bonan in 2005. With a strong experience in merger operations, I-Deal Development is positioned as a high value-added player in supporting SMEs/mid-caps at key stages of their development. The firm operates in complex shareholding structures around two business lines: operational strategy consulting and all high-balance sheet operations enabling the company to reach key stages of growth.
Follow us on LinkedIn @I-DealDevelopment.