{"id":56006,"date":"2026-01-08T15:34:22","date_gmt":"2026-01-08T14:34:22","guid":{"rendered":"https:\/\/editing.capitalmind.com\/?post_type=deals&#038;p=56006"},"modified":"2026-02-20T06:41:09","modified_gmt":"2026-02-20T05:41:09","slug":"lbo-of-les-joyeux-recycleurs-backed-axio-capital","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/deals\/lbo-of-les-joyeux-recycleurs-backed-axio-capital\/","title":{"rendered":"LBO of Les Joyeux Recycleurs backed by Axio Capital"},"content":{"rendered":"\n<p><strong>Investec has advised the founder of Les Joyeux Recycleurs, a leading provider of turnkey recycling services for office waste in the \u00cele-de-France region, on its LBO transaction backed by Axio Capital<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About the deal<\/h2>\n\n\n\n<p>Founded in 2013 by Gilles Rouverand, Les Joyeux Recycleurs is a leading digital-native turnkey recycling services provider for office waste. The company is a market leader in the \u00cele-de-France region, offering turnkey solutions for small and mid-sized business sites.<\/p>\n\n\n\n<p>Les Joyeux Recycleurs operates a robust and predictable business model, based on a recurring monthly subscription system combined with strong net customer retention. Thanks to its digital-native approach, it has developed a highly efficient digital platform to manage all operations from sales, collection, invoicing, cash collection and client waste reporting. With more than 2,000 active clients, the company relies on a structured organization and operates its own fleet of trucks, enabling the regular collection of over 12,000 recycling boxes already installed. It handles more than 16 different waste streams with an offer adapted to each client. The company stands out for its strong ESG positioning, with most employees coming from professional integration programs and 100% end-to-end recycling of waste.<\/p>\n\n\n\n<p>After founding and scaling the business, Gilles Rouverand sold a majority stake to Axio Capital, which invested alongside Deputy CEO Le\u00efla Sabourin and two key managers. In the medium term, Les Joyeux Recycleurs aims to double its volume in the \u00cele-de-France region while replicating its model in three to five major French cities over the coming years, leveraging its technology platform and a proven operational model designed to be deployed with limited implementation costs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Our role<\/h2>\n\n\n\n<p>Investec supported Les Joyeux Recycleurs&#8217; shareholder throughout the entire process: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Designing a robust equity story and defining deal tactics, <\/li>\n\n\n\n<li>Drafting the marketing documentation, <\/li>\n\n\n\n<li>Assisting management in drafting the business plan, <\/li>\n\n\n\n<li>Qualifying trade and financial buyers which were most likely to value Les Joyeux Recycleurs positioning and support the company&#8217;s development, <\/li>\n\n\n\n<li>Coordinating the Due Diligence process, <\/li>\n\n\n\n<li>Organizing a structured competitive process, <\/li>\n\n\n\n<li>Participating in final negotiations to optimise the terms and conditions.<\/li>\n<\/ul>\n\n\n<section class=\"content--block quoteBlock \">\n    <div class=\"holder\">\n        <div class=\"stories slide-up d-flex\" data-scroll=\"\">\n            \n            <blockquote class=\"stories__desc\" style=\"flex: 0 0 100%;max-width: 100%;\">\n                <span class=\"stories__desc_quote\">\u201c\u201d<\/span>\n\n                                    <div class=\"justified\"><p>&#8220;The Investec team provided valuable guidance throughout our collaboration. Attentive and highly professional, they supported us with responsiveness and care, enabling us to progress steadily on solid foundations. Given the numerous meetings, presentations, audits, and negotiations with counterparties, the quality of the human relationship was especially appreciated. Their informed advice at every stage of the process allowed us to complete the transaction in a calm yet ambitious environment.&#8221;<\/p>\n<\/div>                \n\n                                    <cite>&#8211; Gilles Rouverand, Founder, Les Joyeux Recycleurs<\/cite>\n                            <\/blockquote>\n        <\/div><!-- \/.stories -->\n    <\/div>\n<\/section>\n<!-- ============= End of \/.QuoteBlock =============== -->\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investec has advised the founder of Les Joyeux Recycleurs, a leading provider of turnkey recycling services for office waste in&#8230;<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[],"sector":[26],"dealtype":[37,33],"clienttype":[34],"class_list":["post-56006","deals","type-deals","status-publish","hentry","sector-business-services","dealtype-lbo","dealtype-sell-your-business","clienttype-founders-entrepreneurs"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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