CFK Finance, a specialist in company transaction services, has enabled the emergence of a new heavyweight in online medical information.
On Friday 26th October 2007, the Lavoisier group – the leading science and technical publisher in France, the leading French distributor of professional databases and the leading French professional bookshop – www.lavoisier.fr, managed by Patrick Fenouil, bought Information Hospitalière (SARL), the editor of the websitewww.informationhospitaliere.com, one of three leading online supports in professional medical information in France.
“It’s a wonderful transaction, because the synergies between the two entities are perfect,” enthuses Ludovic Coralie who launched this website at 28 years old in 2004. “Since Lavoisier possesses a considerable data stock, it wanted to expand on the internet. As for us who control the economic Web model, we were looking for a partner to develop us and consolidate our image with internet users and advertisers.” The idea for this transaction became clear after a study that Ludovic Coralie commissioned from the CFK Finance consultancy in May 2006 on the growth prospects of his website. “I needed new resources to step it up a gear,” says the young entrepreneur.
Thanks to the network of contacts maintained by CFK Finance, the transaction procedure, which began in January 2007, quickly identified three potential candidates, including an investment fund and an IT group. “But with Patrick Fenouil, we quickly realised that we had the same outlook on things,” says Ludovic Coralie, appointed managing director of the new Lavoisier subsidiary. The website,www.informationhospitaliere.com may, for example, be expanded to English-speaking countries, very large suppliers and consumers of medical information.
At CFK Finance, this transaction was personally overseen by Jérôme Adrian, executive at the consultancy. “He was a perfect matchmaker,” enthuses Ludovic Coralie. “And he was always available. I could contact him at any time of the day or night to find out how my transaction was progressing.”
“Like any transaction, it was finalised thanks to the actions of all the consultants,” insists Jérôme Adrian. “I want to emphasise the excellent work of Mr Francis Tancrède, Ms Anne Corvest and Mr Emmanuel de Vitton.”
Seller’s advisors: CFK Finance – Jérôme Adrian; Legal: Cabinet Anne Corvest – Anne Corvest
Buyer’s advisors: DUPUIS & Associés – Francis Tancrède; Legal: Cabinet Emmanuel de Vitton – Emmanuel de Vitton
Press contact: Claude Dupuis Telephone: +33 (0)1 56 26 54 63 – Email: firstname.lastname@example.org
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 Source: médiamétrie/OJD on a comparable basis, September 2006