Librairie du Savoir

France SC Fund I Jun 1998
Leading bookshop network located in France and Belgium
Company Name:Librairie du Savoir
Date of investment:June 1998
Date of exit:April 2005
Deal Type:MBO, buy & build
Syntegra Role:Co-lead investor

business description

  • Leading network of bookshops located throughout France and Belgium
  • Librairies du Savoir has 32 points of sale and is one of the largest independent retail book groups. It has adopted the big bookshop concept (500 sqm to 2,000 sqm) focusing on city centres with higher demand and providing a wider range of publications

transaction strategy

  • Buy & Build opportunity in a fragmented industry going through a consolidation process
    • Industry still composed of a large number of independent family owned bookshops
    • Capitalize on management operation and build-up experience
    • Create a leading bookstores chain of local market leaders in large to medium size cities