Family buyout of Group A

Kumulus Partners acted as the exclusive financial adviser of Group A and its main shareholder, Eugène Alen, in the sale of all shares to its management (including members of the Alen family). Group A is active in the distribution and installation of doors and windows through a network of franchisees in Belgium, the Netherlands and France. It owns the well-known and market leading Belisol and KwadrO brands.

Kumulus Partners provided an objective benchmark in the discussion on valuation of the group and analysed the possible internal and external scenarios for the selling shareholder. Kumulus Partners further assisted in the negotiation between all stakeholders, including with the banks who helped to finance the transaction.