• The Corporate Finance division of RSM conducted the accounting and financial due diligence for Notus Technologies, the investment holding company of Geoffroy Roux de Bézieux, during its acquisition of a stake in Douze Cycles, a Burgundy-based company specializing in cargo bikes
  • This transaction was led by Benoit Coustaux, partner at RSM, and further strengthens the team’s expertise in supporting family-owned holdings.

 

Notus Technologies' Investment in Douze Cycles

his investment strengthens Notus Technologies' commitment to sustainable mobility, following the 2017 acquisition of Amsterdam Air, a leader in the online sale of tricycles and cargo bikes, and the majority stake acquisition in Nihola France, a manufacturer of 100% French-made tricycles, in the previous November.

Founded in 2012 by Thomas Coulbeaut, Douze Cycles designs, manufactures, and markets cargo bikes and longtail bikes. Located between Dijon and Beaune, the company exports half of its production, primarily to Germany, Benelux, and Switzerland. Douze Cycles' cargo bikes are recognized for their robustness, maneuverability, and characteristic sleek design.

Since its inception, Douze Cycles has established itself as a leading player in the market, equipping numerous professionals for their delivery activities, as well as families. The Burgundy-based company is also a supplier for the Véligo program, which offers long-term cargo bike rentals to residents of Île-de-France, and V-Logistique, a program aimed at helping professionals transition to sustainable mobility solutions.

Other Advisors Involved in the Deal:

  • Buyer’s Legal Advisors: Bichot & Associés / Mathieu Odet
  • Seller’s Advisors:
  • Accounting Expertise: Fiduciaire Dijonnaise / Barthélémy Casimir
  • Legal Advisors: Jouffroy & Fileas Avocats / Jérôme Deliryµ
     

About Douze Cycles

Douze Cycles (SAS LJC) is a specialist in cargo bikes (biporteurs and longtails) manufactured in France, specifically in the Dijon region. The company employs around thirty people and is renowned for its high-quality products that cater to both professionals and families seeking sustainable transportation options.

About Notus Technologies

Notus Technologies SAS is the investment holding company of Geoffroy Roux de Bézieux, a serial entrepreneur who founded The Phone House and Virgin Mobile and is currently president of MEDEF. With over 20 years of entrepreneurial experience, Geoffroy Roux de Bézieux established Notus Technologies to support entrepreneurs in growing their businesses, as well as managers looking to start new ventures with both financial and strategic support. Notus Technologies focuses on three main activities: Majority investments in SMEs in the following sectors: gourmet food/fine grocery and outdoor products; Minority investments in SMEs across various sectors to support their growth; Venture investments in seed-stage startups during fundraising rounds

About RSM

RSM is the 6th largest global network of audit, consulting, and accounting services, present in over 120 countries, with more than 48,000 employees and partners worldwide.

In France, RSM is a significant player in audit, consulting, and expertise services, with a presence in major economic regions, including offices in Paris, Lyon-Chambéry-Grenoble, Montpellier-Nîmes, Nantes-Laval, Strasbourg-Colmar, Réunion, and Mayotte. The firm employs over 1,200 professionals across the country and aims to continue expanding its regional footprint. RSM has structured its multidisciplinary offering around five core areas: Audit, Expertise, Consulting, HR-Social/Payroll, and Legal & Tax services.

RSM – Corporate Finance

RSM's Corporate Finance division supports companies and their executives, investment funds, as well as investors and shareholders, both in France and internationally, to secure and optimize their financial decisions. It brings together 20 professionals across Paris and regional offices, including three partners. RSM Corporate Finance specializes in transaction services, complex financial modeling and valuations, capital operations, and restructuring.