Distressed acquisition opportunities – 23 june 2025

Franklin’s Restructuring team has assembled its latest sector-by-sector list of distressed acquisition opportunities.

The targets are companies in insolvency proceedings that are now up for sale and for which tender offers have been made by the court-appointed trustees in charge of finding potential buyers.

Our sector-by-sector updates are designed to help clients quickly identify potential build-up opportunities.

Tender offer periods are very often extended beyond the deadlines specified in the list.

If you are interested in any of these assets, please contact our partners Numa Rengot, Laura Bavoux and Arnaud Pédron who will be happy to provide further information and assist you with your acquisition.

This court-sanctioned sale process offers an opportunity to buy:

Fast: in a few weeks
Directly or through a NewCo
After limited due diligence (i.e., limited to the scope of the acquisition)
At lower prices than out-of-court acquisitions: the real cost consists in financing the acquired operation
Free and clear of debt, with only a few exceptions (no successor liability – lien and encumbrance free)
Without liability for restructuring costs
A turnkey, autonomous business unit
“Cherry picked” assets (number of employees, tangible and intangible assets, as well as rental, finance lease, distribution, purchase, and service agreements necessary for the continued operation of the business).

		Management of residential care homes Main features: Business: Management of residential care homes 2023 revenues: Groupe Philogeris : 1,2 M€ – Synageris (Résidence Mon Repos) : 1,9 M€ – Maison Saint-Michel : 2,9 M€ – Résidence du lac : 3,5 M€ – Résidence Aquarelle : 2,5 M€ – Résidence Vallée de la Luce : 2,1 M€ – Philogeris Service Public : 3,4 M€ – Résidence Sante : 0,3 M€ – Résidence Ouest : 3 M€ Headcount: Groupe Philogeris : 6 employees – Synageris (Résidence Mon Repos) : 29 employees – Maison Saint-Michel : 36 employees – Résidence du lac : 35 employees – Résidence Aquarelle : 35 employees – Résidence Vallée de la Luce : 34 employees – Philogeris Service Public : 90 employees – Résidence Sante : 2 employees – Résidence Ouest : 43 employees Deadline for submitting bid: 25/07/2025
		Leading platform dedicated to the resale of certified pre-owned luxury goods Main features: Business: A leading platform dedicated to the resale of certified pre-owned luxury goods Location: Paris 2024 revenues : 12,8 M€ Headcount 19 employees Deadline for submitting bid: 11/07/2025
		Mauco-Cartex Main features: Business: Design, manufacture and distribution of cardboard and wooden packaging, and trading Location: Fléac (Charentes Maritime) and Peujard (Gironde) 2024 revenues: 11,5 M€ Headcount 79 employees Deadline for submitting bid: 31/07/2025
		Greenshoot Main features: Business: Agri-food (fresh soups, gazpachos, purées, spreads). Premium positioning focused on plant-based products, naturalness and culinary creativity Location: Boulogne-Billancourt (Hauts-de-Seine) Company registration number: 482 100 070 2024 revenues: 5,1 M€ – 2023 revenues: 5 M€ – 2022 revenues: 4,1 M€ Headcount 9 employees Deadline for submitting bid: 02/07/2025
		Groupe Imprim Main features: Business: Commercial printing (design office, graphic design, rotary production, finishing and binding) Location: Gradignan (Gironde) Company registration number: 354 026 098 2025 revenues (project): 4 M€ Headcount 20 employees Deadline for submitting bid: 18/07/2025
		Toy company Main features: Business: High-potential toy company with prestigious licences Location: La Vaupalière (Seine Maritime) 2023-2024 revenues (12 months) : 2,7 M€ Headcount 7 employees Deadline for submitting bid: 07/07/2025
		Le Passage Main features: Business: Bookshop and stationery shop Location: Alençon (Orne) 2024 revenues: 2,3 M€ – 2023 revenues: 2,5 M€ – 2022 revenues: 2,5 M€ Headcount 15 employees Deadline for submitting bid: 15/07/2025
		Le Bœuf Tricolore Main features: Business: Butcher’s shop, delicatessen and caterer in a leased business on the outskirts of the town centre Location: Côte d’or 2024 revenues: 2 M€ – 2023 revenues: 2,1 M€ – 2022 revenues: 2 M€ Headcount 11 employees Deadline for submitting bid: 07/07/2025
		L’alimentation Labege Main features: Business: Catering Location: Occitanie Company registration number: 878 160 167 2024 revenues: 1,9 M€ Headcount 18 employees Deadline for submitting bid: 18/07/2025
		Traditional food Main features: Business: Traditional food and non-alcoholic drinks Location: Aulnay-sous-Bois (Seine Saint Denis) 2023 revenues: 1,3 M€ – 2022 revenues: 1,3 M€ – 2021 revenues : 0,7 M€ Headcount 18 employees Deadline for submitting bid: 04/07/2025
		Atol Main features: Business: Optique Location: Cesson Sévigné (Ille-et-Vilaine) 2024 revenues: Store in the town centre: 0,5 € – Shopping centre store: 0,3 M€ Headcount: Store in the town centre : 4 employees- Shopping centre store: 4 employees Deadline for submitting bid: 31/07/2025
		Solevan France Main features: Business: Manufacture and marketing of electronic cigarette products Location: Bonneuil-sur-Marne (Val-de-Marne) 2023 revenues: 0,7 M€ Headcount 7 employees Deadline for submitting bid: 09/07/2025
		Komodor Studios Main features: Business: Video game development studio specialising in immersive experiences combining mobile gaming, blockchain technology and AI. Location: Dieppe (Seine Maritime) Company registration number: 901 205 740 2024 revenues: 0,6 M€ – 2023 revenues: 1,4 M€ – 2022 revenues (18 months) : 3 M€ Headcount 3 employees Deadline for submitting bid: 09/07/2025
		Domino’s Pizza Main features: Business: Fast food Location: Dieppe (Seine Maritime) 2024 revenues: 0,4 M€ Headcount 9 employees Deadline for submitting bid: 25/07/2025
		Domino’s Pizza Main features: Business: Fast food Location: Château Gontier (Mayenne ) 2024 revenues: 0,25 M€ Headcount 7 employees Deadline for submitting bid: 25/07/2025