Eight Advisory conducted the financial vendor due diligence for the Funecap transaction
24 Mar 2023
Eight Advisory Paris
Eight Advisory performed financial vendor due diligence for Funecap's refinancing operation. The funeral group has taken a new step that will allow it to secure its development for years to come.
The group’s sales are expected to exceed 600 million euros this year (compared to 236 million euros in 2019). In total, Funecap has acquired more than 300 companies in France and more recently internationally since its creation in 2010.
Funecap employs more than 3,000 people and supports 300,000 families each year with its funeral services.
Stéphane Vanbergue, partner, said:
“We are pleased to have been able to accompany Funecap in this important transaction for the development of the company.”
Eight Advisory’s involvement in this transaction
- Stéphane Vanbergue, Partner Transaction Services
- Christophe Puissegur, Director
- Tristan Glomot Boghossian, Manager