Largillière Finance supports Immersive Factory in its fundraising with Waterstart Capital (NCI)

Immersive Factory Company accelerates its development thanks to the introduction of a new shareholder the Waterstart Capital (NCI) which will allow it to finance its growth axes

Paris, January 14th 2020

Founded in 2016 by Olivier Pierre, Bertrand Pierre, Francis Savic and Philippe Timsit, Immersive Factory offers HSE (Hygiene, Safety and Work Environment) training exercises in virtual reality on its online platform. The Company’s solutions create simulations of risky or dangerous operational situations as well as training for operators to enable them to overcome these situations and reduce any risk of accidents.

Positioned at the crossroads of two markets, the HSE training and the virtual reality, Immersive Factory has recored a significant growth since its creation. In fact the HSE training is increasingly sought after by large industrial groups, and the virtual reality is currently experiencing strong development. Based on the most recent virtual reality technologies, the Company provides a scalable and easy-to-implement solution to meet the HSE issues of its account customers, among which : Shell, Colas, Siemens, Moët Hennessy, Suez, Volvo, P&G, Engie, Airbus, EDF, Veolia, Saint Gobain, Orano, Eiffage, Bureau Veritas, Air Liquide are already present.

In order to continue its growth and to accelerate its ambitious development strategy, it chooses the Waterstart Capital (NCI) fund to support it. With this fundraising, Immersive Factory will be able to develop internationally (US and Asia) and to expand its network of commercial partners.

 

Valéry Giard, Associate Largillière Finance.

« We are delighted to have supported Immersive Factory and its team of talented leaders in this fundraising. The Company has developed a very beautiful HSE platform, scalable and integrating the latest technologies related to virtual reality.

Waterstart Capital (NCI) has demonstrated a real understanding of the sector, a speed of analysis and an investment philosophy in harmony with the values ​​of the Immersive Factory’s managers. The fund has the same geographic expansion ambition as the management and is perfectly able to support its development project over time. »

Olivier Pierre, President of Immersive Factory :

« We met at Largillière Finance a real team of professionals on which we were able to fully rely on during this fundraising, in order to stay focused on the development of our activity. The work of Largillière Finance was in every way remarkable and their advice always invaluable. Thanks to this fundraising from Waterstart Capital (NCI), we will be able to accelerate our international development by offering our customers an ever larger multilingual HSE training catalog, downloadable online on our platform and usable immediately thanks to virtual reality headsets, now autonomous and easy to deploy. »

 

About Immersive Factory (https://immersivefactory.com)

Immersive Factory has developed the first virtual reality training exercise platform devoted to health and safety at work. The Company creates most of the content on this platform in partnership with large account customers (Shell, Veolia, Volvo, Colas, Saint Gobain, Suez, Air Liquide, Engie, Aviva, Vinci, etc.). These exercises, available for download on the platform, are based on real situations and are based on the benefits of active pedagogy: thanks to virtual reality, the learner indeed becomes the main player in their HSE training. The moto : “We remember better what we live” but even better what we feel, perfectly reflects our vision of learning.

About Waterstart Capital – NCI (www.n-ci.com/waterstart-capital)

Waterstart Capital (FCPI managed by the regional management company NCI) is a generalist vehicle created in early 2018 and endowed with 40 million euros subscribed to institutional investors and entrepreneurs.

The fund operates as a minority alongside entrepreneurs of start-up innovation for use in the marketing phase (digital, hardware, BtoB, BtoC, etc.). Waterstart Capital invests tickets between €100K and €1M and up to €4M in reinvestment.

About Largillière Finance (www.largilliere-finance.com)

Based in Paris, Brussels and Geneva, Largillière Finance is an independent consulting company specialized in assisting executives and shareholders of ETI and SMEs in their corporate finance transactions: corporate disposals and acquisitions, financing (capital and / or debt), financial engineering (valuation …) and financial strategy. Since 2005, the firm has conducted numerous mergers and acquisitions and also offers strategic coaching services to groups and executives.

With more than 20 employees, a presence in 3 European countries and close to 30 operations in 2019, Largillière Finance is ranked as the leading small cap investment bank in France :

Fusions & Acquisitions – Opérations jusqu’à 30 M€ – Classement 2019 – Banque d’affaires – France

STAKEHOLDERS LIST :

Investor : Waterstart (NCI) – Yves Guiol, Thibaut Escarras

Company : Immersive Factory – Olivier Pierre, Bertrand Pierre, Francis Savic,           Philippe Timsit

Company M&A Advisor : Largillière Finance – Valéry Giard, Florian Leginy

Buyer Corporate Lawyer : HPML – Thomas Hermetet, Marina Llobell

Company Corporate Lawyer : GDA Avocats – Mickael Levi, Sarah Mobtahij