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Groupe Roc Eclerc, Paris, France – Sales 10 €m
May 2005 - MBI (Build up) – Majority stake

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The Roc-Eclerc funeral brand name was created 20 years ago by Mr Michel Leclerc, who became famous in France during the late 80's for breaking the monopoly of the municipalities in the organization of funeral services. This allowed the Roc-Eclerc brand to develop strongly and become today a national franchise network of 320 points of sales generating revenues of approximately € 130 million.

In order to acquire this franchise from Mr Leclerc, the Euroknights IV funds advised by Argos Soditic have partnered up with three recognized professionals from the French death care industry. The management's goal is to further develop the brand and the network, by accelerating the opening of new points of sales in France, and preserving the founding values of the franchise.

The acquisition of the Roc-Eclerc franchise is the first step in a “build up” project in the highly fragmented French funeral services market dominated by PFG.