The Client Propann® is a leading Tunisian producers for wood-based panels surfaced with melamine paper or veneers. Founded in 2012, Propann® offers a wide range of decorative surfaces panels and provides the materials that create all designs with high-quality and durable products.
The Deal Propann has successfully raised TND 8.4m through an increase in capital and a short and mid-term debt issue financed by BIATCAPITAL, SICAR AMEN and AMEN CAPITAL. IEG-Tunisia acted as exclusive financial advisor to Propann. The team of IEG-Tunisia, led by Managing Director Khalil Attia, successfully achieved the fund raising for Propann and the setting of the financial and legal framework for the exit of the investors. The team insured the management and the coordination of the entire process, from the business plan preparation to the identification of financial partners, the negotiation and the closing.