Eight Advisory supports Equinox Industries in the acquisition of Clear Channel France

This transaction represents an important turning point for Clear Channel France. The company will return to 100% French ownership, improving its agility and adaptability in the outdoor advertising market.

Equinox Industries, an industrial holding company recognised for its responsiveness and agility, invests its own funds in companies undergoing transformation. The acquisition of Clear Channel France by Equinox Industries aims to consolidate the company’s position in the French outdoor advertising market while transforming it to meet the challenges of increasing digitalisation and environmental commitment.

Equinox Industries’ project aims to increase Clear Channel France’s profitability by maintaining its position as a challenger in the French outdoor advertising market and expanding its digital presence. Clear Channel France’s teams will benefit from the expertise of Equinox Industries, which has more than 25 years of experience in private equity and B2B sectors, including the acquisition of subsidiaries of large groups, advertising and digital marketing.

Equinox Industries acquires 100% of Clear Channel France, a national company with a turnover of 245 million euros in 2022 and a projected growth of 7% in the current year. In addition, Clear Channel France currently has a cash surplus of over €42 million as well as a €60 million financing line negotiated by its new shareholder. These financial resources will be used to support the company’s transformation, growth and investments.

“We are proud to support Equinox Industries in this strategic acquisition. It demonstrates our commitment to helping our clients realise their most ambitious projects while contributing to the dynamism of the outdoor advertising market in France,” said Hélène Dubly, Partner at Eight Advisory.

Eight Advisory’s involvement in this transaction:

• Financing:

– Transformation finance team Short-term financing: Hélène Dubly, Partner

– Structuring of the financing: Adrien de Rufz, Director

– Financing implementation: Lucie Billoret, Senior Manager

• Financial due diligence: Shafik Hosni, Partner, Maxime Riot, Manager, Arthur Lantier, Manager