Tikehau Capital Acquires Credit.fr

Tikehau Capital today announced it has completed the acquisition of Credit.fr, the French specialist in crowdlending for small businesses financing, for an amount of €12 million. Incubated since March 2015 by Truffle Capital and under the leadership of Roux de Bézieux, its chairman since November 2015, Credit.fr has rapidly established itself as an essential player in the small and mid-sized companies (SMEs) alternative financing market.

This acquisition enables Tikehau Capital, a leading company active in the corporate lending and private debt market in France, to consolidate and expand its lending platform by bringing its corporate financing solutions to smaller businesses and SMEs. Through Credit.fr, Tikehau Capital will enable its wide network of investors and partners to broaden their investment policy, currently focused on medium-sized and larger companies, to include smaller businesses rigorously selected by Credit.fr teams.

Credit.fr is renowned for the quality of its solutions, its scoring system and its user-friendly website. The company has revolutionised corporate access to credit by offering an extremely rapid response based on a simplified administrative process. Since its creation, Credit.fr has financed 217 companies, raising a total of over EUR 13 million, through 13,000 loans from retail clients willing to support the real economy while securing an attractive return. Credit.fr has also established numerous partnerships with financial sector players, including HelloBank!, the first French bank recommending its clients to invest in a crowdlending platform nearly a year ago.

Guillaume Arnaud, Managing Director of Tikehau IM, said: “We have been monitoring SME crowdlending platforms in Europe for some time now, particularly in France, where the market has strong growth potential. The acquisition of Credit.fr provides us a unique smaller business lending knowhow and allows us to expand our range of financing solutions and therefore address most of French companies.”

Thomas de Bourayne, CEO of Credit.fr added: “With its renowned asset management expertise and strong growth, Tikehau Capital represents the ideal partner for Credit.fr to develop inFrance and internationally. This deal will enable us to offer institutional investors solutions for investing in a new asset class and support the development of small French businesses.”