The Eight Advisory Real Estate team provided financial due diligence to the new and existing shareholders as part of the capital restructuring of GA Smart Building, a developer-builder based on an off-site, low-carbon industrial model

Founded in 1875, GA Smart Building, the French leader in off-site wood and concrete construction, offers a comprehensive integrated service ranging from real estate development to the management of smart and sustainable buildings. Active in the commercial and residential markets, the group has nine factories and is targeting strong growth with revenue of between €500 million and €600 million within five years.
The company has finalized a restructuring of its capital, maintaining its employees as majority shareholders at 60% and bringing in new investors (Eurazeo for 23% via its Eurazeo Smart City II fund, CA Toulouse 31 Initiatives and Irdi Capital Investissement for 4% each). Three long-standing investors remain in the capital after the transaction (Bpifrance with 6%, Multicroissance (Banque Populaire Occitanie) and Grand Sud-Ouest Capital (Crédit Agricole group) with 4%). The aim of this transaction is to strengthen its investment capacity in order to accelerate its development, particularly in off-site construction and renovation, while consolidating its leadership in an uncertain real estate market.
Eight Advisory team members supporting this transaction:
- Financial vendor due diligence: Philippe Méjean (Partner), Clément Médez, (Manager)

Philippe
Méjean
Partner
Real estate
Eight Advisory Paris
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