SlideShare a Scribd company logo
OUR ADDED VALUE & M&A TRENDS
IN THE MEDIA, CULTURE & ENTERTAINMENT
SECTOR
BUY SIDE – FUNDRAISING – SELL SIDE
OCTOBER 2022
2
P R I V A T E & C O N F I D E N T I A L
TABLE OF CONTENT
I. Market trends in the Media, Culture & Entertainment sector 03
III. Our Methodology & Expertise 10
IV. About GEREJE Corporate Finance 18
II. M&A trends in the Media, Culture & Entertainment sector 06
MARKET TRENDS IN
THE MEDIA, CULTURE
& ENTERTAINMENT
SECTOR
I
4
P R I V A T E & C O N F I D E N T I A L
THE GLOBAL MARKET
After falling 2.3% in 2020, total global entertainment and media revenue rose a strong 10.4% en 2021, resuming
its trend of outpacing global growth
Source : PWC, Deloitte
Large media companies consistently create richer
experiences and contents to improve their ROI
• Social media drives 50% of media and entertainment companies
New growth opportunities with digital and cloud
developments
▪ CAGR of 4.6% (2021-2026)
Video games market is booming
▪ Video games revenue = +8,4% CAGR (2021-2026)
Media, Culture & Entertainement
market size (in $tn) 2021 vs 2026
2,34
2,93
0
0,5
1
1,5
2
2,5
3
2021 2026
5
P R I V A T E & C O N F I D E N T I A L
POPULAR INVESTMENT TRENDS
Unequal access to the Internet which should be reduced
in the coming years
▪ In 2021, 72.7% of households had fixed broadband internet access
▪ In 2021, 60.7% of the population had mobile internet access
Sources : GCF Research
Digital advertising
• 2021 digital advertising revenues = +24% vs 2020
• Market value = $180bn (2021) vs $410bn (2026) = 19% CAGR
OTT Videos
▪ 12% CAGR (2022-2027)
▪ User penetration will be 36% in 2022 and is expected to hit 44% by 2027
M&A TRENDS IN THE
MEDIA, CULTURE &
ENTERTAINMENT
SECTOR
II
7
P R I V A T E & C O N F I D E N T I A L
M&A TRENDS – VALUATION METRICS
Company Size
▪ The largest the company, the higher the multiple with key thresholds (10M revenue;
50M revenue; 100M revenue…)
Profitability
▪ EBITDA margin compared to peers may be the most important comparison criteria
when the companies’ sizes are similar
Market position
▪ A leading position within a local market improves a valuation multiple, on the other
hand, a mid-tier position will drive a lower valuation.
Within the same sector, valuation multiples vary according to the size, profitability, and market
positioning of the company
8
P R I V A T E & C O N F I D E N T I A L
RECENT TRANSACTIONS 1/2
Date
Buyer /
Investor(s)
Target
Transaction
Value
Information
Learn
More
Jul.
2022
€250m Seedtag (ES) : leader in contextual advertising here
Jul.
2022
-
Zacu (RW) : a major actor in the production and
distribution of content in Rwanda
Canal + (FR) : France's leading audiovisual media
group
here
Apr.
2022
$8m
Gadsme (FR) : specialized in the marketing of
advertising displays in video game scenes
here
Jun.
2021
$75m
Brut (FR) : media that targets young people who
are far from traditional information channels
here
Source Mergermarket, Fusacq, GCF Research, MBA Capital Click on the logo to access the website.
9
P R I V A T E & C O N F I D E N T I A L
RECENT TRANSACTIONS 2/2
Date
Buyer /
Investor(s)
Target
Transaction
Value
Information
Learn
More
Nov.
2021
€70m
Plug in digital (FR) : distributor and publisher of
video games
here
Sep.
2021
$680m Sorare (FR) : a NFT sports entertainment group here
Aug.
2021
-
Primephonic (NZ) : a provider of music
streaming services specialized in classical
music
here
Oct.
2021
$50m
Homa Games (FR) : the world’s leading platform
for creating and publishing mobile games
here
Source Mergermarket, Fusacq, GCF Research, MBA Capital Click on the logo to access the website.
OUR METHODOLOGY
& EXPERTISE
III
11
P R I V A T E & C O N F I D E N T I A L
OUR EXPERTISE & ADDED VALUE 1/2
We focus on 8 main sector, including the media, culture & entertainment sector. We have
a direct access to > 700 companies in this specific sector in Europe, Asia, and
internationally
1. Our Expertise & Experience in the sector
Our multicultural teams with our own offices in Europe (Paris, Geneva, Lyon, Nantes,
Vienna), in Asia (Singapore, Kuala Lumpur), and our partners in the Middle East, Africa
and the US
2. Our International presence
Entrepreneurs close to Entrepreneurs = reactivity & adaptability
3. Our “entrepreneurial” culture
Privileged access to > 500 investors (Cap development funds, VC, debt funds, Family
Offices), with a specific interest in the Media, Culture & Entertainment
4. Our Privileged access to Strategic & Financial Investors
12
P R I V A T E & C O N F I D E N T I A L
OUR EXPERTISE & ADDED VALUE 2/2
We prefer to act over the long term as partners alongside business leaders
5. Advisor & Partner
With a total of 78 closings between 2016 & 2021, GEREJE is No. 1 & No. 2 between 2016 &
2021 in the Advisory Fusacq ranking – Corporate banking fundraising rankings in France
6. Our Track-Record
Our expertise in structuring complex operations : Earn-Out, Management Buy-Out, Owner
Buy-Out, Joint Venture…
7. Our Expertise in complex structuring
We work with no conflict of interests and ensure confidentiality & discretion
8. Our independence
13
P R I V A T E & C O N F I D E N T I A L
OUR SECTOR EXPERTISE 1/2
Our long experience in Europe & worldwide gives us a privileged access to thousands of smid & large cap
companies across 8 different industries – listed in our proprietary data base
Luxury,
Fashion &
lifestyle
~400
Companies
Project BAREV
• Leading Art Gallery Group
• Based in Europe
• ~€30m sales
• Cash in needs / JV
01
Food &
Beverage,
Nutrition
~450
Companies
Project HEAVEN
• Luxury fine food heritage brand
• Based in France
• ~50M€ revenues
• Cash in needs
02
Medical
~350
Companies
Project NOW
• Health group
• Based in France
• ~50M€ revenues
• Cash in/Cash out needs
03
Cosmetics &
Fragrances
~450
Brands &
distributors
Project DREAM
• Leading skincare brand in Asia
• Based in Asia
• ~50M€ revenues
• JP/Partnership with European leader
04
# of companies in our database Example of companies we are close to
14
P R I V A T E & C O N F I D E N T I A L
OUR SECTOR EXPERTISE 2/2
Our long experience in Europe & worldwide gives us a privileged access to thousands of smid & large cap
companies across 8 different industries – listed in our proprietary data base
Industry,
Engineering &
Construction
~1,500
Companies
Project LAND
• High-end construction group
• Based in Southeast Asia
• ~35M€ revenues
• Partial sale + Cash in needs
05
Software &
Financial
Services
~800
Companies
Project BAHIA
• Digital insurance solutions platform
• Based in Asia
• ~ 2,5M€ revenues
• Cash in needs
06
Media,
Culture &
Education
~700
Companies
Project BODY
• Leading VOD distributor brand in Asia
• Based in Asia
• ~ 10M€ revenues
• Cash in needs
07
Mobility &
Environment
~300
Companies
Project BIRD
• Innovative B2B solution in Mobility
• Based in France
• ~ 2,5M€ revenues
• Cash in needs
08
# of companies in our database Example of companies we are close to
Servais MICOLOT
Senior Advisor at GEREJE Corporate Finance
15
P R I V A T E & C O N F I D E N T I A L
Expert in sales & business development
Help Entrepreneurs to grow
Education:
Bachelor’s Degree in Economics
Key Points:
30 years of experience in national and international sales & business development
Entrepreneur with creation of 3 companies
EXPERIENCE & EXPERTISE
➢ +20 years in the media industry
➢ Launched more than 100 products/services
➢ Owner & CEO of a sales & business development firm
➢ Specific expertise in the sales & business development
➢ Sales strategies & negotiations
➢ Market opening & Distribution network
➢ Market study & Business plan
OUR EXPERTISE IN THE SECTOR
16
P R I V A T E & C O N F I D E N T I A L
OUR BUY-SIDE METHODOLOGY
Option: Preparation of a "Long-List" of
potential targets in the targeted sector
and geographical area and ranking them
in order of interest and according to M&A
criteria (sales, EBITDA, etc.)
Initiate contact between GEREJE and the
target(s) (without giving the name of the
client) to validate their actionability
Meeting between GEREJE and the client
to select a short list of targets to be
approached in phase 2
Assist our client in the final Due
Diligence
Optimize the discussions between all
involved parties: legal, audit,
accounting…
Advise on the best strategy and tactic
for final negotiations with the target(s)
until closing.
Assist in the drafting & proof-reading of
final contracts.
Drafting & negotiation of a Letter of
Intent (LOI)
Management of client’s questions &
requests (Q&A)
Optimize the negotiations with the
target
Advise on the best structuring (equity /
debt / mix) in the interest of the
shareholders
Option : Preparation of a strategic and
financial note (detailed profile of the
target) for the client
Signing of the Letter of Intent (LOI)
Signing of a Reciprocal Confidentiality
Agreement (RCA).
Meeting between the target and the client
to confirm the strategic fit and the mutual
willingness to enter negotiations
Phase 1 – 1 to 3 months
Market Screening & Preliminary
Approach
Phase 2 – 4 to 9 months
Maximization of Negotiations –
Signing of LOI
Phase 3 – 2 to 4 months
Final DD – Offer – Optimization of the
Closing
17
P R I V A T E & C O N F I D E N T I A L
OUR TAILOR-MADE FUNDRAISING & PARTIAL SELL PROCESS
Phase 1 – 1 to 2 months
Preparation phase
Financial analysis (past results and
business plan)
Structuration (equity/debt/mix)
Electronic dataroom (docsend)
Blind Teaser on our online platform
In order to optimize the process, it is essential to prepare the project seriously, explain the use of the
funds and demonstrate the positive impact on turnover and margins
Phase 2 – 2 to 6 months
Selection, teasing and approach of
investors
Maximization (digital) of the investor
approach process (electronic NDA)
Checking of candidates’ seriousness
and motivation
Management & Optimization of
negotiations
Optimization of different structuring
options for the deal
Phase 3 – 1 to 2 months
Closing optimization
Optimization of the Due Diligence
process
Optimize the discussions between all
involved parties: legal, audit,
accounting…
Advise on the best strategy and tactic
for final negotiations with the target(s)
until closing.
Advise on the different structuring
schemes including earn out
Analysis and validation of the final
offer
Prepare a Strategic & Financial Note for
investors
Négotiation and signature of the Letter
of Intent (LOI)
Transition to phase 2 after mutual consent
18
P R I V A T E & C O N F I D E N T I A L
DIFFERENT TYPE OF INVESTORS
Strategic and financial investors have different investment criteria and objectives involving
different sales strategies and structuring scenarios themselves
• Strategic investors are often competitors, suppliers or customers of the target.
• Their objective is to identify companies whose products or services can be integrated in synergy with their
existing portfolio or gain market share, in order to create long-term value for their shareholders.
• The main driver of the acquisition is strategic (vs. rapid return on investment). These buyers may also be
unconnected to the target and seek to expand in its market to diversify their revenue sources.
Strategic
investors
• Financial investors/buyers include private equity firms, hedge funds, family offices ...
• These players make investments in companies and achieve a return on investment within 5-7 years with a
sale or IPO.
• Some Family Offices have an unlimited time horizon and can invest large sums of money to support the
growth of the business at all stages of its development.
Financial
investors
These buyers have fundamentally different objectives, so the way they will approach
the activities of the targets in an M&A process will differ considerably.
19
P R I V A T E & C O N F I D E N T I A L
OUR DIRECT ACCESS TO FINANCIAL PLAYERS
Private Equity
Tickets : 30-150 M€
France / Europe
Portfolio: SadeTelecom, GL
Events, Federation
Entertainment…
Private Equity
Tickets : 5-25 M€
Europe
Portfolio : IPSSI, ESCG…
Private Equity
Tickets : 0,5-3 M€
Europe
Portfolio: Melty,
BenchmarkGroup, Creads…
Private Equity
Tickets : 15-120 M€
Monde
Portfolio: Shiro Games, AD
Education, Iziwork…
Private Equity
Tickets : 2-7 M€
France
Portfolio: Éditions Jocatop…
Family Office
Tickets : 5-35 M€
France / Europe
Portfolio: Albertschool, Beat
the Bomb…
Private Equity
Tickets : 2-15 M€
France / Europe
Portfolio: Groupe SCP, Smart
Good things, Groupe
Adaming…
Venture Capital
Tickets : ~ 100 K€
France / Europe / USA
Portfolio: Kelvin,
Studiomatic…
ABOUT GEREJE
CORPORATE FINANCE
IV
21
P R I V A T E & C O N F I D E N T I A L
THE “GEREJE” PHILOSOPHY
In the 13th century, the Emperor Kublai Khan awarded
Marco Polo a gold tablet in the form of a long piece of
currency named « GEREGE » along with a password,
which ensured numerous privileges to the beholder.
With this golden passport, Marco Polo obtained all
necessary protections, supplies and assistance which
included horses, food and equipment for his safe return to
Venice accompanied by his immense fortune.
The GEREJE, first diplomatic passport,
ensuring safe and secure cross border
transactions, is a powerful symbol
matching perfectly our mission and goals
GEREJE team members share a common
passion in dealing with cross border
transactions and are united around the
GEREJE symbol reflecting our mind set as well
as our working philosophy.
22
P R I V A T E & C O N F I D E N T I A L
OUR WORLDWIDE REACH
We are an independent M&A firm with an “entrepreneurial” culture, providing both strategic and financial advisory services,
composed of a multidisciplinary team based between Europe, Asia & Middle-East
Our Corporate Film
EUROPE
▪ Paris
▪ Lyon
▪ Geneva
▪ Nantes
▪ Vienna
▪ Lisbon
ASIA
▪ Singapore
▪ Kuala Lumpur
▪ Bangkok
▪ Hong-Kong
EUROPE
MIDDLE EAST
ASIA
23
P R I V A T E & C O N F I D E N T I A L
EXECUTION TEAM ENSURING THE QUALITY OF THE DOCUMENTS
Fabrice LOMBARDO
Founder & CEO
Antoine ALEMANY
Partner, Lisbon
Clarisse SUN
Associate M&A, Paris
Laurent GOBINET
Partner, Nantes
Hélène PEYRUSQUE
Analyst M&A, Lyon
Hugo MONNET
Vice President M&A, Lyon
Lucas VIANNAY
Analyst M&A, Paris
Servais MICOLOT
Senior Advisor, Geneva
24
P R I V A T E & C O N F I D E N T I A L
SENIORS BRINGING SECTOR & GEOGRAPHIC EXPERTISES
François LAURENT
Senior Advisor, Hong-Kong
Olivier JOB
Senior Advisor, Lyon
Jean de MORAS
Senior Advisor, Paris
Arnaud BEASSE
Senior Advisor, Vienna
Maurice LAM
Director, Singapore
Gregory LAM
Vice President M&A, Singapore
Bruno NAVET
Partner, Kuala Lumpur
Bertrand LAM
Partner, Singapore
25
P R I V A T E & C O N F I D E N T I A L
Partial or Total Sell mandate
Managing and Optimizing a sell process, leveraging on
our structuring experience, valuation expertise &
international network to maximize the transaction price.
Using every financial tool to align the interests of all
parties.
OUR SERVICES
The quality of our services relies
in our 100% in-house team
enabling us to manage the
entire transaction process,
thereby ensuring efficiency,
confidentiality and tangible
results
Buy mandate / Acquisition / Joint Ventures
Optimizing external cross-borders expansion strategies.
Global Knowhow, Local Approach
Strategic Advisory – Business Consultancy
The experience and operational know-how of the senior
team allows us to optimize the development strategies of
companies and thus facilitate the management of
corporate finance issues (Fundraising or acquisition)
Fund raising mandate & IPO – Capital development
Structure a solid & realistic business plan in order to
maximize the valuation forward and raise the capital
needed (Equity, Debt, Convertible Shares).
Local Markets Approach and Implementation Assistance
for IPO to maximize forward value & optimize
Transaction Structuring
26
P R I V A T E & C O N F I D E N T I A L
OUR PROVEN METHODOLOGY
GEREJE is recognized for the quality of its documents (strategic & financial analysis) based on personalized execution, enhanced
by a multidisciplinary team acting under one hat !
Execution
Excellence
Each assignment is managed by
one Team leader to optimize the process
We rely on our own proprietary
research
Our mandates are on an exclusivity basis
only, including fixed and success fee
Our mandates are tailor-made
We manage 100% of the Transaction
coordinating the process
We deliver regular reports to optimize
the momentum
Our digital platform allows us to have constant
access to all the necessary information
27
P R I V A T E & C O N F I D E N T I A L
OUR RECENT TRACK RECORD
With a total of 78 closings between 2016 and 2021, GEREJE is N1 or N2 M&A firm for SMICAP for the past 6 years in the
Advisory Fusacq ranking – Corporate banking fundraising rankings in France.
2021 – Acquisition –€50m Sales 2021 – Joint Venture
2021 – Debt Financing: €2.5m 2019-20 – Capital Injection: €6m 2019 – Sell: €55m 2018 – Sell: €7m
Target:
Learn more
Target:
Learn more
Investors:
Learn more
Crowdfunding:
Investors:
Learn more
Investors :
Learn more
Acquirer:
Learn more
Groupe
AMIQUAR
2021 – Acquisition – €10m Sales
Target:
Learn more
2021 – Fundraising: €7m
Investors:
Learn more
28
P R I V A T E & C O N F I D E N T I A L
OUR REFERENCES– SMID & LARGE CAP
Click on the logo to access the website.
29
P R I V A T E & C O N F I D E N T I A L
OUR STRONG NETWORK OF PARTNERS
Our solid network of partners in Europe and Asia enable us to get qualified, updated information
and optimize our market screening & approach of targets.
EUROPE
Access to +1,100 Family Offices
+150 banks & private bankers
+100 law firms
ASIA
Access to +700 Family Offices
+200 banks & private bankers
+150 law firms
Partnership signed with Business France (website) in 2021
Coverage of 110 countries, offering a direct access to
international investors
30
P R I V A T E & C O N F I D E N T I A L
TESTIMONIES
In this complicated economic
environment, the support and
involvement of the GEREJE teams
were key to the success of the
project.
Mr. François-
Denis POITRINAL
Founder & CEO
Thank you for the excellent work
done by the GEREJE team.
Mr. Kaci KÉBAÏLI
Founder & Chairman
GEREJE supported us successfully &
diligently in structuring our
fundraising process so we can keep
control of our company, They did a
great job at finding the right
investors for our projects!
Mr. Francois
CHABANIAN
Founder & CEO
In this complicated economic context,
the support and involvement of the
GEREJE teams were key elements in
the success of the operation
Mr. Guillaume
RAGUET
CEO
*click on a logo to access the website
31
P R I V A T E & C O N F I D E N T I A L
Articles
Surveys
Capgemini - Media et divertissement/
Mind Media - Les start-ups françaises des médias, de la publicité et de la culture
Ark invest - The digital advertising market
PWC - Perspectives from the Global Entertainment & Media Outlook 2022–2026
Deloitte - Digital media trends
DISCLAIMER This presentation is being distributed against the signature of a Non-Disclosure Agreement and is strictly confidential.
This presentation may not be reproduced, summarized or disclosed, in whole or in part, without the prior written authorization of GCF, and by accepting this presentation you hereby agree to be bound by
the restrictions contained herein.
This presentation is based on publicly available information and/or data provided by GCF’s client which have not been independently verified by GCF. Any estimates and projections contained herein
involve significant elements of subjective judgment and analysis, which may or may not be correct. Neither GCF nor any of its affiliates, or any of its direct or indirect shareholders, or any of its or their
respective members, employees or agents provides any guarantee or warranty (express or implied) or assumes any responsibility with respect to the authenticity, origin, validity, accuracy or
completeness of the information and data contained herein or assumes any obligation for damages, losses or costs (including, without limitation, any direct or consequential losses) resulting from any
errors or omissions in this presentation.
This presentation was prepared by GCF (GEREJE Corporate Finance) exclusively in the framework of an agreement for the benefit of its clients in connection with the possible Transaction. GCF has duly
and professionally challenged all information & data provided by our clients, including past & existing figures, assumptions of the Business Plan as well as the professionalism of the management team/
shareholders.
The economic valuations and proposed deal structuring contained in this presentation are fair and based on current market practices, which may change significantly over a short period of time.
Changes and events occurring after the date hereof may, therefore, affect the validity of the information contained in this presentation and GCF assumes no obligation to update and/or revise this
presentation or the information and data upon which it has been based.
GCF designates the companies, whilst legally they are independent entities, sharing GCF corporate identity, logo, documents, working methodology & ethical rules. All GCF offices are working as an
integrated group of companies under the governance of a written agreement for the interest of the clients. GCF legal entities are privately owned and independent structures.
GEREJE Advisory Asia Pte Ltd (Singapore) is MAS (Monetary Authority of Singapore) Exempt Corporate Finance Advisor
© Copyright 2022 GEREJE Corporate Finance. All rights reserved
More information at:
www.gerejecorpfinance.com

More Related Content

Similar to GCF - Présentation Media, Culture & Entertainment - 1022.pdf

GCF - Présentation F&B - 0922.pdf
GCF - Présentation F&B - 0922.pdfGCF - Présentation F&B - 0922.pdf
GCF - Présentation F&B - 0922.pdf
Lucas518833
 
GCF - Présentation F&B - 0922 .pdf
GCF - Présentation F&B - 0922 .pdfGCF - Présentation F&B - 0922 .pdf
GCF - Présentation F&B - 0922 .pdf
Lucas518833
 
GCF - T&L M&A trends - 0923.pdf
GCF - T&L M&A trends - 0923.pdfGCF - T&L M&A trends - 0923.pdf
GCF - T&L M&A trends - 0923.pdf
HannahDerenbach
 
GCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdfGCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdf
Lucas518833
 
GCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdfGCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdf
Lucas518833
 
GCF - T&L M&A trends.pdf
GCF - T&L M&A trends.pdfGCF - T&L M&A trends.pdf
GCF - T&L M&A trends.pdf
sunclarisse
 
GCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdfGCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdf
HannahDerenbach
 
GCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdfGCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdf
sunclarisse
 
GCF - T&L M&A trends
GCF - T&L M&A trendsGCF - T&L M&A trends
GCF - T&L M&A trends
HugoNaour
 
GCF - Présentation Software & Financial Services - 1222_.pdf
GCF - Présentation Software & Financial Services - 1222_.pdfGCF - Présentation Software & Financial Services - 1222_.pdf
GCF - Présentation Software & Financial Services - 1222_.pdf
HlnePEYRUSQUE
 
GCF - Présentation Medical & Health - 1022.pdf
GCF - Présentation Medical & Health - 1022.pdfGCF - Présentation Medical & Health - 1022.pdf
GCF - Présentation Medical & Health - 1022.pdf
Lucas518833
 
2. GCF - Our added value in F&B sector - 0823 .pdf
2. GCF - Our added value in F&B sector - 0823 .pdf2. GCF - Our added value in F&B sector - 0823 .pdf
2. GCF - Our added value in F&B sector - 0823 .pdf
HannahDerenbach
 
GCF - Our added value in F&B sector 0124.pdf
GCF - Our added value in F&B sector 0124.pdfGCF - Our added value in F&B sector 0124.pdf
GCF - Our added value in F&B sector 0124.pdf
Clarisse35
 

Similar to GCF - Présentation Media, Culture & Entertainment - 1022.pdf (13)

GCF - Présentation F&B - 0922.pdf
GCF - Présentation F&B - 0922.pdfGCF - Présentation F&B - 0922.pdf
GCF - Présentation F&B - 0922.pdf
 
GCF - Présentation F&B - 0922 .pdf
GCF - Présentation F&B - 0922 .pdfGCF - Présentation F&B - 0922 .pdf
GCF - Présentation F&B - 0922 .pdf
 
GCF - T&L M&A trends - 0923.pdf
GCF - T&L M&A trends - 0923.pdfGCF - T&L M&A trends - 0923.pdf
GCF - T&L M&A trends - 0923.pdf
 
GCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdfGCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdf
 
GCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdfGCF - Présentation Software & Financial Services - 1022 .pdf
GCF - Présentation Software & Financial Services - 1022 .pdf
 
GCF - T&L M&A trends.pdf
GCF - T&L M&A trends.pdfGCF - T&L M&A trends.pdf
GCF - T&L M&A trends.pdf
 
GCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdfGCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdf
 
GCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdfGCF - Our Added Value in the Interim Sector - 0923.pdf
GCF - Our Added Value in the Interim Sector - 0923.pdf
 
GCF - T&L M&A trends
GCF - T&L M&A trendsGCF - T&L M&A trends
GCF - T&L M&A trends
 
GCF - Présentation Software & Financial Services - 1222_.pdf
GCF - Présentation Software & Financial Services - 1222_.pdfGCF - Présentation Software & Financial Services - 1222_.pdf
GCF - Présentation Software & Financial Services - 1222_.pdf
 
GCF - Présentation Medical & Health - 1022.pdf
GCF - Présentation Medical & Health - 1022.pdfGCF - Présentation Medical & Health - 1022.pdf
GCF - Présentation Medical & Health - 1022.pdf
 
2. GCF - Our added value in F&B sector - 0823 .pdf
2. GCF - Our added value in F&B sector - 0823 .pdf2. GCF - Our added value in F&B sector - 0823 .pdf
2. GCF - Our added value in F&B sector - 0823 .pdf
 
GCF - Our added value in F&B sector 0124.pdf
GCF - Our added value in F&B sector 0124.pdfGCF - Our added value in F&B sector 0124.pdf
GCF - Our added value in F&B sector 0124.pdf
 

More from Lucas518833

GCF - Présentation Industry - 1022.pdf
GCF - Présentation Industry - 1022.pdfGCF - Présentation Industry - 1022.pdf
GCF - Présentation Industry - 1022.pdf
Lucas518833
 
GCF - Présentation Cosmetics & Fragrances - 1022.pdf
GCF - Présentation Cosmetics & Fragrances - 1022.pdfGCF - Présentation Cosmetics & Fragrances - 1022.pdf
GCF - Présentation Cosmetics & Fragrances - 1022.pdf
Lucas518833
 
GCF - Présentation F&B - 1022.pdf
GCF - Présentation F&B - 1022.pdfGCF - Présentation F&B - 1022.pdf
GCF - Présentation F&B - 1022.pdf
Lucas518833
 
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdfGCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
Lucas518833
 
GCF - Our added Value in A&D sector - UK - February 2022.pdf
GCF - Our added Value in A&D sector - UK - February 2022.pdfGCF - Our added Value in A&D sector - UK - February 2022.pdf
GCF - Our added Value in A&D sector - UK - February 2022.pdf
Lucas518833
 
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdfGCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
Lucas518833
 
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdfGCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
Lucas518833
 
GCF - Présentation Medical & Health - 0922 (ppt) .pdf
GCF - Présentation Medical & Health - 0922 (ppt) .pdfGCF - Présentation Medical & Health - 0922 (ppt) .pdf
GCF - Présentation Medical & Health - 0922 (ppt) .pdf
Lucas518833
 
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdfGCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
Lucas518833
 
GCF - “ART DE VIVRE” SECTOR 0922.pdf
GCF - “ART DE VIVRE” SECTOR 0922.pdfGCF - “ART DE VIVRE” SECTOR 0922.pdf
GCF - “ART DE VIVRE” SECTOR 0922.pdf
Lucas518833
 
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdfATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
Lucas518833
 

More from Lucas518833 (11)

GCF - Présentation Industry - 1022.pdf
GCF - Présentation Industry - 1022.pdfGCF - Présentation Industry - 1022.pdf
GCF - Présentation Industry - 1022.pdf
 
GCF - Présentation Cosmetics & Fragrances - 1022.pdf
GCF - Présentation Cosmetics & Fragrances - 1022.pdfGCF - Présentation Cosmetics & Fragrances - 1022.pdf
GCF - Présentation Cosmetics & Fragrances - 1022.pdf
 
GCF - Présentation F&B - 1022.pdf
GCF - Présentation F&B - 1022.pdfGCF - Présentation F&B - 1022.pdf
GCF - Présentation F&B - 1022.pdf
 
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdfGCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
GCF - Présentation Luxury, Fashion & Lifestyle - 1022.pdf
 
GCF - Our added Value in A&D sector - UK - February 2022.pdf
GCF - Our added Value in A&D sector - UK - February 2022.pdfGCF - Our added Value in A&D sector - UK - February 2022.pdf
GCF - Our added Value in A&D sector - UK - February 2022.pdf
 
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdfGCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
 
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdfGCF - Présentation Cosmetics & Fragances - 0922 .pdf
GCF - Présentation Cosmetics & Fragances - 0922 .pdf
 
GCF - Présentation Medical & Health - 0922 (ppt) .pdf
GCF - Présentation Medical & Health - 0922 (ppt) .pdfGCF - Présentation Medical & Health - 0922 (ppt) .pdf
GCF - Présentation Medical & Health - 0922 (ppt) .pdf
 
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdfGCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
GCF - “ART DE VIVRE” SECTOR 0922 (1).pdf
 
GCF - “ART DE VIVRE” SECTOR 0922.pdf
GCF - “ART DE VIVRE” SECTOR 0922.pdfGCF - “ART DE VIVRE” SECTOR 0922.pdf
GCF - “ART DE VIVRE” SECTOR 0922.pdf
 
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdfATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
 

Recently uploaded

how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
DOT TECH
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
GRAPE
 
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Vighnesh Shashtri
 
234Presentation on Indian Debt Market.ppt
234Presentation on Indian Debt Market.ppt234Presentation on Indian Debt Market.ppt
234Presentation on Indian Debt Market.ppt
PravinPatil144525
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
InterCars
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
DOT TECH
 
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdfIsios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Henry Tapper
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
marketing367770
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
nickysharmasucks
 
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
beulahfernandes8
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Quotidiano Piemontese
 
APP I Lecture Notes to students 0f 4the year
APP I  Lecture Notes  to students 0f 4the yearAPP I  Lecture Notes  to students 0f 4the year
APP I Lecture Notes to students 0f 4the year
telilaalilemlem
 
how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.
DOT TECH
 
The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.
DOT TECH
 
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfUS Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
pchutichetpong
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
DOT TECH
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
va2132004
 
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
Avanish Goel
 
Scope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theoriesScope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theories
nomankalyar153
 

Recently uploaded (20)

how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
 
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
 
234Presentation on Indian Debt Market.ppt
234Presentation on Indian Debt Market.ppt234Presentation on Indian Debt Market.ppt
234Presentation on Indian Debt Market.ppt
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
 
Isios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdfIsios-2024-Professional-Independent-Trustee-Survey.pdf
Isios-2024-Professional-Independent-Trustee-Survey.pdf
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
 
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
 
APP I Lecture Notes to students 0f 4the year
APP I  Lecture Notes  to students 0f 4the yearAPP I  Lecture Notes  to students 0f 4the year
APP I Lecture Notes to students 0f 4the year
 
how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.how to sell pi coins in South Korea profitably.
how to sell pi coins in South Korea profitably.
 
The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.
 
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfUS Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
 
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
 
Scope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theoriesScope Of Macroeconomics introduction and basic theories
Scope Of Macroeconomics introduction and basic theories
 

GCF - Présentation Media, Culture & Entertainment - 1022.pdf

  • 1. OUR ADDED VALUE & M&A TRENDS IN THE MEDIA, CULTURE & ENTERTAINMENT SECTOR BUY SIDE – FUNDRAISING – SELL SIDE OCTOBER 2022
  • 2. 2 P R I V A T E & C O N F I D E N T I A L TABLE OF CONTENT I. Market trends in the Media, Culture & Entertainment sector 03 III. Our Methodology & Expertise 10 IV. About GEREJE Corporate Finance 18 II. M&A trends in the Media, Culture & Entertainment sector 06
  • 3. MARKET TRENDS IN THE MEDIA, CULTURE & ENTERTAINMENT SECTOR I
  • 4. 4 P R I V A T E & C O N F I D E N T I A L THE GLOBAL MARKET After falling 2.3% in 2020, total global entertainment and media revenue rose a strong 10.4% en 2021, resuming its trend of outpacing global growth Source : PWC, Deloitte Large media companies consistently create richer experiences and contents to improve their ROI • Social media drives 50% of media and entertainment companies New growth opportunities with digital and cloud developments ▪ CAGR of 4.6% (2021-2026) Video games market is booming ▪ Video games revenue = +8,4% CAGR (2021-2026) Media, Culture & Entertainement market size (in $tn) 2021 vs 2026 2,34 2,93 0 0,5 1 1,5 2 2,5 3 2021 2026
  • 5. 5 P R I V A T E & C O N F I D E N T I A L POPULAR INVESTMENT TRENDS Unequal access to the Internet which should be reduced in the coming years ▪ In 2021, 72.7% of households had fixed broadband internet access ▪ In 2021, 60.7% of the population had mobile internet access Sources : GCF Research Digital advertising • 2021 digital advertising revenues = +24% vs 2020 • Market value = $180bn (2021) vs $410bn (2026) = 19% CAGR OTT Videos ▪ 12% CAGR (2022-2027) ▪ User penetration will be 36% in 2022 and is expected to hit 44% by 2027
  • 6. M&A TRENDS IN THE MEDIA, CULTURE & ENTERTAINMENT SECTOR II
  • 7. 7 P R I V A T E & C O N F I D E N T I A L M&A TRENDS – VALUATION METRICS Company Size ▪ The largest the company, the higher the multiple with key thresholds (10M revenue; 50M revenue; 100M revenue…) Profitability ▪ EBITDA margin compared to peers may be the most important comparison criteria when the companies’ sizes are similar Market position ▪ A leading position within a local market improves a valuation multiple, on the other hand, a mid-tier position will drive a lower valuation. Within the same sector, valuation multiples vary according to the size, profitability, and market positioning of the company
  • 8. 8 P R I V A T E & C O N F I D E N T I A L RECENT TRANSACTIONS 1/2 Date Buyer / Investor(s) Target Transaction Value Information Learn More Jul. 2022 €250m Seedtag (ES) : leader in contextual advertising here Jul. 2022 - Zacu (RW) : a major actor in the production and distribution of content in Rwanda Canal + (FR) : France's leading audiovisual media group here Apr. 2022 $8m Gadsme (FR) : specialized in the marketing of advertising displays in video game scenes here Jun. 2021 $75m Brut (FR) : media that targets young people who are far from traditional information channels here Source Mergermarket, Fusacq, GCF Research, MBA Capital Click on the logo to access the website.
  • 9. 9 P R I V A T E & C O N F I D E N T I A L RECENT TRANSACTIONS 2/2 Date Buyer / Investor(s) Target Transaction Value Information Learn More Nov. 2021 €70m Plug in digital (FR) : distributor and publisher of video games here Sep. 2021 $680m Sorare (FR) : a NFT sports entertainment group here Aug. 2021 - Primephonic (NZ) : a provider of music streaming services specialized in classical music here Oct. 2021 $50m Homa Games (FR) : the world’s leading platform for creating and publishing mobile games here Source Mergermarket, Fusacq, GCF Research, MBA Capital Click on the logo to access the website.
  • 11. 11 P R I V A T E & C O N F I D E N T I A L OUR EXPERTISE & ADDED VALUE 1/2 We focus on 8 main sector, including the media, culture & entertainment sector. We have a direct access to > 700 companies in this specific sector in Europe, Asia, and internationally 1. Our Expertise & Experience in the sector Our multicultural teams with our own offices in Europe (Paris, Geneva, Lyon, Nantes, Vienna), in Asia (Singapore, Kuala Lumpur), and our partners in the Middle East, Africa and the US 2. Our International presence Entrepreneurs close to Entrepreneurs = reactivity & adaptability 3. Our “entrepreneurial” culture Privileged access to > 500 investors (Cap development funds, VC, debt funds, Family Offices), with a specific interest in the Media, Culture & Entertainment 4. Our Privileged access to Strategic & Financial Investors
  • 12. 12 P R I V A T E & C O N F I D E N T I A L OUR EXPERTISE & ADDED VALUE 2/2 We prefer to act over the long term as partners alongside business leaders 5. Advisor & Partner With a total of 78 closings between 2016 & 2021, GEREJE is No. 1 & No. 2 between 2016 & 2021 in the Advisory Fusacq ranking – Corporate banking fundraising rankings in France 6. Our Track-Record Our expertise in structuring complex operations : Earn-Out, Management Buy-Out, Owner Buy-Out, Joint Venture… 7. Our Expertise in complex structuring We work with no conflict of interests and ensure confidentiality & discretion 8. Our independence
  • 13. 13 P R I V A T E & C O N F I D E N T I A L OUR SECTOR EXPERTISE 1/2 Our long experience in Europe & worldwide gives us a privileged access to thousands of smid & large cap companies across 8 different industries – listed in our proprietary data base Luxury, Fashion & lifestyle ~400 Companies Project BAREV • Leading Art Gallery Group • Based in Europe • ~€30m sales • Cash in needs / JV 01 Food & Beverage, Nutrition ~450 Companies Project HEAVEN • Luxury fine food heritage brand • Based in France • ~50M€ revenues • Cash in needs 02 Medical ~350 Companies Project NOW • Health group • Based in France • ~50M€ revenues • Cash in/Cash out needs 03 Cosmetics & Fragrances ~450 Brands & distributors Project DREAM • Leading skincare brand in Asia • Based in Asia • ~50M€ revenues • JP/Partnership with European leader 04 # of companies in our database Example of companies we are close to
  • 14. 14 P R I V A T E & C O N F I D E N T I A L OUR SECTOR EXPERTISE 2/2 Our long experience in Europe & worldwide gives us a privileged access to thousands of smid & large cap companies across 8 different industries – listed in our proprietary data base Industry, Engineering & Construction ~1,500 Companies Project LAND • High-end construction group • Based in Southeast Asia • ~35M€ revenues • Partial sale + Cash in needs 05 Software & Financial Services ~800 Companies Project BAHIA • Digital insurance solutions platform • Based in Asia • ~ 2,5M€ revenues • Cash in needs 06 Media, Culture & Education ~700 Companies Project BODY • Leading VOD distributor brand in Asia • Based in Asia • ~ 10M€ revenues • Cash in needs 07 Mobility & Environment ~300 Companies Project BIRD • Innovative B2B solution in Mobility • Based in France • ~ 2,5M€ revenues • Cash in needs 08 # of companies in our database Example of companies we are close to
  • 15. Servais MICOLOT Senior Advisor at GEREJE Corporate Finance 15 P R I V A T E & C O N F I D E N T I A L Expert in sales & business development Help Entrepreneurs to grow Education: Bachelor’s Degree in Economics Key Points: 30 years of experience in national and international sales & business development Entrepreneur with creation of 3 companies EXPERIENCE & EXPERTISE ➢ +20 years in the media industry ➢ Launched more than 100 products/services ➢ Owner & CEO of a sales & business development firm ➢ Specific expertise in the sales & business development ➢ Sales strategies & negotiations ➢ Market opening & Distribution network ➢ Market study & Business plan OUR EXPERTISE IN THE SECTOR
  • 16. 16 P R I V A T E & C O N F I D E N T I A L OUR BUY-SIDE METHODOLOGY Option: Preparation of a "Long-List" of potential targets in the targeted sector and geographical area and ranking them in order of interest and according to M&A criteria (sales, EBITDA, etc.) Initiate contact between GEREJE and the target(s) (without giving the name of the client) to validate their actionability Meeting between GEREJE and the client to select a short list of targets to be approached in phase 2 Assist our client in the final Due Diligence Optimize the discussions between all involved parties: legal, audit, accounting… Advise on the best strategy and tactic for final negotiations with the target(s) until closing. Assist in the drafting & proof-reading of final contracts. Drafting & negotiation of a Letter of Intent (LOI) Management of client’s questions & requests (Q&A) Optimize the negotiations with the target Advise on the best structuring (equity / debt / mix) in the interest of the shareholders Option : Preparation of a strategic and financial note (detailed profile of the target) for the client Signing of the Letter of Intent (LOI) Signing of a Reciprocal Confidentiality Agreement (RCA). Meeting between the target and the client to confirm the strategic fit and the mutual willingness to enter negotiations Phase 1 – 1 to 3 months Market Screening & Preliminary Approach Phase 2 – 4 to 9 months Maximization of Negotiations – Signing of LOI Phase 3 – 2 to 4 months Final DD – Offer – Optimization of the Closing
  • 17. 17 P R I V A T E & C O N F I D E N T I A L OUR TAILOR-MADE FUNDRAISING & PARTIAL SELL PROCESS Phase 1 – 1 to 2 months Preparation phase Financial analysis (past results and business plan) Structuration (equity/debt/mix) Electronic dataroom (docsend) Blind Teaser on our online platform In order to optimize the process, it is essential to prepare the project seriously, explain the use of the funds and demonstrate the positive impact on turnover and margins Phase 2 – 2 to 6 months Selection, teasing and approach of investors Maximization (digital) of the investor approach process (electronic NDA) Checking of candidates’ seriousness and motivation Management & Optimization of negotiations Optimization of different structuring options for the deal Phase 3 – 1 to 2 months Closing optimization Optimization of the Due Diligence process Optimize the discussions between all involved parties: legal, audit, accounting… Advise on the best strategy and tactic for final negotiations with the target(s) until closing. Advise on the different structuring schemes including earn out Analysis and validation of the final offer Prepare a Strategic & Financial Note for investors Négotiation and signature of the Letter of Intent (LOI) Transition to phase 2 after mutual consent
  • 18. 18 P R I V A T E & C O N F I D E N T I A L DIFFERENT TYPE OF INVESTORS Strategic and financial investors have different investment criteria and objectives involving different sales strategies and structuring scenarios themselves • Strategic investors are often competitors, suppliers or customers of the target. • Their objective is to identify companies whose products or services can be integrated in synergy with their existing portfolio or gain market share, in order to create long-term value for their shareholders. • The main driver of the acquisition is strategic (vs. rapid return on investment). These buyers may also be unconnected to the target and seek to expand in its market to diversify their revenue sources. Strategic investors • Financial investors/buyers include private equity firms, hedge funds, family offices ... • These players make investments in companies and achieve a return on investment within 5-7 years with a sale or IPO. • Some Family Offices have an unlimited time horizon and can invest large sums of money to support the growth of the business at all stages of its development. Financial investors These buyers have fundamentally different objectives, so the way they will approach the activities of the targets in an M&A process will differ considerably.
  • 19. 19 P R I V A T E & C O N F I D E N T I A L OUR DIRECT ACCESS TO FINANCIAL PLAYERS Private Equity Tickets : 30-150 M€ France / Europe Portfolio: SadeTelecom, GL Events, Federation Entertainment… Private Equity Tickets : 5-25 M€ Europe Portfolio : IPSSI, ESCG… Private Equity Tickets : 0,5-3 M€ Europe Portfolio: Melty, BenchmarkGroup, Creads… Private Equity Tickets : 15-120 M€ Monde Portfolio: Shiro Games, AD Education, Iziwork… Private Equity Tickets : 2-7 M€ France Portfolio: Éditions Jocatop… Family Office Tickets : 5-35 M€ France / Europe Portfolio: Albertschool, Beat the Bomb… Private Equity Tickets : 2-15 M€ France / Europe Portfolio: Groupe SCP, Smart Good things, Groupe Adaming… Venture Capital Tickets : ~ 100 K€ France / Europe / USA Portfolio: Kelvin, Studiomatic…
  • 21. 21 P R I V A T E & C O N F I D E N T I A L THE “GEREJE” PHILOSOPHY In the 13th century, the Emperor Kublai Khan awarded Marco Polo a gold tablet in the form of a long piece of currency named « GEREGE » along with a password, which ensured numerous privileges to the beholder. With this golden passport, Marco Polo obtained all necessary protections, supplies and assistance which included horses, food and equipment for his safe return to Venice accompanied by his immense fortune. The GEREJE, first diplomatic passport, ensuring safe and secure cross border transactions, is a powerful symbol matching perfectly our mission and goals GEREJE team members share a common passion in dealing with cross border transactions and are united around the GEREJE symbol reflecting our mind set as well as our working philosophy.
  • 22. 22 P R I V A T E & C O N F I D E N T I A L OUR WORLDWIDE REACH We are an independent M&A firm with an “entrepreneurial” culture, providing both strategic and financial advisory services, composed of a multidisciplinary team based between Europe, Asia & Middle-East Our Corporate Film EUROPE ▪ Paris ▪ Lyon ▪ Geneva ▪ Nantes ▪ Vienna ▪ Lisbon ASIA ▪ Singapore ▪ Kuala Lumpur ▪ Bangkok ▪ Hong-Kong EUROPE MIDDLE EAST ASIA
  • 23. 23 P R I V A T E & C O N F I D E N T I A L EXECUTION TEAM ENSURING THE QUALITY OF THE DOCUMENTS Fabrice LOMBARDO Founder & CEO Antoine ALEMANY Partner, Lisbon Clarisse SUN Associate M&A, Paris Laurent GOBINET Partner, Nantes Hélène PEYRUSQUE Analyst M&A, Lyon Hugo MONNET Vice President M&A, Lyon Lucas VIANNAY Analyst M&A, Paris Servais MICOLOT Senior Advisor, Geneva
  • 24. 24 P R I V A T E & C O N F I D E N T I A L SENIORS BRINGING SECTOR & GEOGRAPHIC EXPERTISES François LAURENT Senior Advisor, Hong-Kong Olivier JOB Senior Advisor, Lyon Jean de MORAS Senior Advisor, Paris Arnaud BEASSE Senior Advisor, Vienna Maurice LAM Director, Singapore Gregory LAM Vice President M&A, Singapore Bruno NAVET Partner, Kuala Lumpur Bertrand LAM Partner, Singapore
  • 25. 25 P R I V A T E & C O N F I D E N T I A L Partial or Total Sell mandate Managing and Optimizing a sell process, leveraging on our structuring experience, valuation expertise & international network to maximize the transaction price. Using every financial tool to align the interests of all parties. OUR SERVICES The quality of our services relies in our 100% in-house team enabling us to manage the entire transaction process, thereby ensuring efficiency, confidentiality and tangible results Buy mandate / Acquisition / Joint Ventures Optimizing external cross-borders expansion strategies. Global Knowhow, Local Approach Strategic Advisory – Business Consultancy The experience and operational know-how of the senior team allows us to optimize the development strategies of companies and thus facilitate the management of corporate finance issues (Fundraising or acquisition) Fund raising mandate & IPO – Capital development Structure a solid & realistic business plan in order to maximize the valuation forward and raise the capital needed (Equity, Debt, Convertible Shares). Local Markets Approach and Implementation Assistance for IPO to maximize forward value & optimize Transaction Structuring
  • 26. 26 P R I V A T E & C O N F I D E N T I A L OUR PROVEN METHODOLOGY GEREJE is recognized for the quality of its documents (strategic & financial analysis) based on personalized execution, enhanced by a multidisciplinary team acting under one hat ! Execution Excellence Each assignment is managed by one Team leader to optimize the process We rely on our own proprietary research Our mandates are on an exclusivity basis only, including fixed and success fee Our mandates are tailor-made We manage 100% of the Transaction coordinating the process We deliver regular reports to optimize the momentum Our digital platform allows us to have constant access to all the necessary information
  • 27. 27 P R I V A T E & C O N F I D E N T I A L OUR RECENT TRACK RECORD With a total of 78 closings between 2016 and 2021, GEREJE is N1 or N2 M&A firm for SMICAP for the past 6 years in the Advisory Fusacq ranking – Corporate banking fundraising rankings in France. 2021 – Acquisition –€50m Sales 2021 – Joint Venture 2021 – Debt Financing: €2.5m 2019-20 – Capital Injection: €6m 2019 – Sell: €55m 2018 – Sell: €7m Target: Learn more Target: Learn more Investors: Learn more Crowdfunding: Investors: Learn more Investors : Learn more Acquirer: Learn more Groupe AMIQUAR 2021 – Acquisition – €10m Sales Target: Learn more 2021 – Fundraising: €7m Investors: Learn more
  • 28. 28 P R I V A T E & C O N F I D E N T I A L OUR REFERENCES– SMID & LARGE CAP Click on the logo to access the website.
  • 29. 29 P R I V A T E & C O N F I D E N T I A L OUR STRONG NETWORK OF PARTNERS Our solid network of partners in Europe and Asia enable us to get qualified, updated information and optimize our market screening & approach of targets. EUROPE Access to +1,100 Family Offices +150 banks & private bankers +100 law firms ASIA Access to +700 Family Offices +200 banks & private bankers +150 law firms Partnership signed with Business France (website) in 2021 Coverage of 110 countries, offering a direct access to international investors
  • 30. 30 P R I V A T E & C O N F I D E N T I A L TESTIMONIES In this complicated economic environment, the support and involvement of the GEREJE teams were key to the success of the project. Mr. François- Denis POITRINAL Founder & CEO Thank you for the excellent work done by the GEREJE team. Mr. Kaci KÉBAÏLI Founder & Chairman GEREJE supported us successfully & diligently in structuring our fundraising process so we can keep control of our company, They did a great job at finding the right investors for our projects! Mr. Francois CHABANIAN Founder & CEO In this complicated economic context, the support and involvement of the GEREJE teams were key elements in the success of the operation Mr. Guillaume RAGUET CEO *click on a logo to access the website
  • 31. 31 P R I V A T E & C O N F I D E N T I A L Articles Surveys Capgemini - Media et divertissement/ Mind Media - Les start-ups françaises des médias, de la publicité et de la culture Ark invest - The digital advertising market PWC - Perspectives from the Global Entertainment & Media Outlook 2022–2026 Deloitte - Digital media trends
  • 32. DISCLAIMER This presentation is being distributed against the signature of a Non-Disclosure Agreement and is strictly confidential. This presentation may not be reproduced, summarized or disclosed, in whole or in part, without the prior written authorization of GCF, and by accepting this presentation you hereby agree to be bound by the restrictions contained herein. This presentation is based on publicly available information and/or data provided by GCF’s client which have not been independently verified by GCF. Any estimates and projections contained herein involve significant elements of subjective judgment and analysis, which may or may not be correct. Neither GCF nor any of its affiliates, or any of its direct or indirect shareholders, or any of its or their respective members, employees or agents provides any guarantee or warranty (express or implied) or assumes any responsibility with respect to the authenticity, origin, validity, accuracy or completeness of the information and data contained herein or assumes any obligation for damages, losses or costs (including, without limitation, any direct or consequential losses) resulting from any errors or omissions in this presentation. This presentation was prepared by GCF (GEREJE Corporate Finance) exclusively in the framework of an agreement for the benefit of its clients in connection with the possible Transaction. GCF has duly and professionally challenged all information & data provided by our clients, including past & existing figures, assumptions of the Business Plan as well as the professionalism of the management team/ shareholders. The economic valuations and proposed deal structuring contained in this presentation are fair and based on current market practices, which may change significantly over a short period of time. Changes and events occurring after the date hereof may, therefore, affect the validity of the information contained in this presentation and GCF assumes no obligation to update and/or revise this presentation or the information and data upon which it has been based. GCF designates the companies, whilst legally they are independent entities, sharing GCF corporate identity, logo, documents, working methodology & ethical rules. All GCF offices are working as an integrated group of companies under the governance of a written agreement for the interest of the clients. GCF legal entities are privately owned and independent structures. GEREJE Advisory Asia Pte Ltd (Singapore) is MAS (Monetary Authority of Singapore) Exempt Corporate Finance Advisor © Copyright 2022 GEREJE Corporate Finance. All rights reserved