Trocadero Capital Partners is supporting Hapik in its growth policy, with the acquisition of Rock’up, the leader in fun climbing in the United Kingdom with 7 centers. An additional line of financing is available to pursue growth.

The team of Trocadero Capital Partners is delighted to carry out this operation alongside the 2 founders and managers, Antoine Richard and Thibault de Blignières, supported since inception in 2016 by Eutopia, an investment fund specialized in consumer emerging brands.

Hapik operates 15 fun climbing centers in France, mainly in shopping malls, and offers a clientele made up of children from 4 years old an accessible climbing experience.

The group carries out an acquisition operation in the United Kingdom by taking over the leader Rock’Up which operates 7 sites.

Hapik established a subsidiary in the United States in 2019 and operates two locations there. Two master franchises have been granted in the Netherlands and in Spain. A third European country should be opened in the coming months.

The group’s objective is to operate more than 50 sites in Europe by 2025 in order to consolidate its leading position by opening centers in all the countries where it is present.

“This acquisition transaction is the first step in an ambitious development strategy in Europe after taking a leading position in France with 15 centers. This operation is in line with the strict strategy of the Trocadero Croissance & Transmission III fund with a very experienced management that wishes to develop organically and by acquisition”, indicates Benjamin Fougerat, Managing Director of Trocadero Capital Partners.

This operation is the ninth carried out by the FPCI Trocadero Croissance & Transmission III after the Léa and Léo Growth operation that occurred last September. An exclusivity is being finalized.

The fund has invested in bond debt, part of which is used for the acquisition of Rock’Up. Trocadero Capital Partners is delighted to be able to participate in the future development of Hapik and to support it in its future growth projects.

Learn more about Hapik: www.hapik.fr

9
March
2022