Impact Partenaires Raises €50 Million for its Launch of Impact Creation I

22 March 2017 / PARIS – Dechert LLP advised Impact Partenaires on its launch of Impact Creation I, a €50 million fund dedicated to the establishment of franchised companies in the "City Political" neighborhoods. This initiative is supported by the French Franchise Federation and national brands such as Burger King, Carrefour Proximité, Courtepaille, Elephant Bleu, Emova, Mail Boxes Etc., OCP-Pharmac, O'Tacos, Pizza Hut, Provalliance, Speedy, Stockerseul and Tablapizza.

This project mobilized various public and private organizations dedicated to supporting the economic and social development of these neighborhoods by launching a combination of services for investors and future entrepreneurs, including on-line training, bank financing, and among others improving relations between franchisors.

In total, the fund’s €50 million will finance 250 to 300 franchised businesses which will generate a turnover exceeding €200 million in revenue and more than 2,000 jobs. These companies will also represent €13 million of social contributions and more than €3 million in tax revenue.

Financial services partner Olivier Dumas advised Impact Partenaires on the development of the investment fund.

Read the press release in French (PDF): "Dechert conseille Impact Partenaires dans le cadre de sa levée de fonds de 50 millions d’euros dédiée à la création d’entreprises franchisées dans les quartiers « Politique de la Ville »."

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