is an alternative investment fund created early 2019 meant to acquire controlling stakes in companies in a state of distress, due to financial and management issues.
On one hand, today’s world is evolving faster and faster. Due to increased competition, we need to move toward a more automated world, and most of yesterday’s business models won’t exist tomorrow.
On the other hand, a lot of good companies are suffering from financial difficulties. Among the reasons, we can state the withdrawal of financing from the banks/suppliers due to bad financial ratios, but also mismanagement issues, excessive level of indebtedness, absence of efficient financial controlling, emotional decisions, non-profitable products or services, or even family businesses that are not equipped to face the difficulties linked to growth.
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Our team is directly involved inside the invested companies. Indeed, it personally develops and implements the turnaround plan, while keeping the continuity of the business as the main objective at all times. As soon as the business is profitable again and generates significant positive results, we are ready to pass it to a new owner, which will take care of the long-term growth.
Our team
Investment in CHEHOMA
- As a wholesaler of home decor and furniture, the company conducts business in over 50 countries with several thousand retailers. Their 4000 items collection has made them « Les brocanteurs des temps modernes";
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Chehoma has been offering home decoration as an "Art de vivre" between tradition and modernity for more than 30 years. Shops from all over the world are seduced by their ‘Atmospheres workshop’, sharing the same love and sensitivity to authentic and charming furniture and items;
- Their collections constantly evolve; while they enjoy the combination of styles, from industrial and vintage, to charm, country-style and antique furniture reproductions, they also want to be at the forefront of the trends and therefore tastefully develop new ranges of products that will create pretty unique atmospheres for your homes.
In September 2019, FCIH SA has been incorporated with the purpose to hold FC INTERIORS SRL and the "CHEHOMA" brand.
In December 2019, ARTISANS IMMO SRL, incorporated by Futura Capital Fund, acquired the assets of the SA DECOS LOGIS (real-estate company of the previous Chehoma group), which includes two of the three industrial buildings in which FC Interiors' activities are located. The acquisition has also been made within the framework of a judicial procedure of reorganization with transfer of assets.
End of February 2020, Futura Capital Fund has proceeded to its first exit. The exit was related to the sale of 100% of the shares Futura Capital Fund held into ARTISANS IMMO SRL:
- ARTISANS IMMO SRL was suffering from difficulties to secure the necessary loan to acquire the third building in which FC INTERIORS SRL's activities are located despite all its efforts and therefore secure the ownership of a coherent complex;
- The exit has, therefore, solved the company's issue in securing the necessary financing for the third building acquisition and secured a decent profit to the Limited Partners
