The investment company specializing in the premium decoration market

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Our approach

BAI brings together some of the finest companies in the premium home furnishings market through long-term partnerships with their leaders.

Alongside them, we undertake ambitious development projects to promote their brands in France and abroad. By focusing exclusively on this creative sector, which we are passionate about, we are building a unique ecosystem for the benefit of our investments.

BAI is looking for companies where creation and design are at the heart of their DNA. Companies with a genuine style identity, capable of creating trends rather than following them. Our priority is to target B2C companies, whether publishers or manufacturers, run by entrepreneurs who share our desire to build a solid, long-term and responsible history.

We invest in companies with strong growth potential, through majority or minority stakes in structuring operations, and for equity amounts ranging from €5 to €50 million. We are a committed shareholder, working alongside and supporting managers, but without interfering in the day-to-day running of companies.

Partnering for the long term
empowering the creative

Our participations

They joined us .

01 YellowKorner

Publisher of fine art photography.

Acquisition of a stake in BAI: July 2021
Majority shareholding

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02 Fermob

Designer and manufacturer of outdoor furniture and accessories

Equity investment in BAI: March 2023
Minority shareholding

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03 Sarah Lavoine House

House of decoration

Acquisition of a stake in BAI: July 2023
Minority shareholding

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About us

BAI is a family-owned investment company, founded in 2019, which focuses exclusively on the premium decor market.

BAI is owned by the Despature family, industrial entrepreneurs for 150 years, and the Reybier family, which heads up one of France's most successful companies in the sector: Fermob. Our holdings benefit from the BAI ecosystem and the networks of our two families.

Family capital creates value, enabling our holdings to develop sustainably and ambitiously. Our partnership with management guarantees total alignment of our interests, and is the cornerstone of the entrepreneurial project we are pursuing together.

All strategic orientations and investment opportunities are discussed by the Strategic Committee. Members include Christian Tachon (senior advisor), Alexis Despature and Baptiste Reybier, as well as their fathers Paul Georges Despature and Bernard Reybier. Simple, efficient family governance, enabling rapid decision-making.

 
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Alexis Despature

Founder and General Manager
Began her career in project finance for SG in New York. Joined Somfy in 2003 as CRM Project Manager for Southern Europe / Middle East.
Joined Muzéo in 2011, an EPV company specializing in art publishing for the hotel market. He worked on business development in France for 3 years before setting up the London office (2014) and then the Dubai office (2018).
Founded BAI in 2019.
European Business School London

Leslie Cohen

Investment Director
Joined In Extenso Finance & Transmission in 2009, as Mergers & Acquisitions Mission Director specializing in support for the sale and acquisition of SMEs and investment funds. She has worked on some twenty transactions in various sectors.
Joins BAI in 2019.
Paris-Dauphine University (Master's degree in Economic and Financial Engineering)
Christian Tachon

Christian Tachon

Senior advisor
Christian has developed a business as an interim manager specializing in restructuring projects for companies in difficulty, for subsidiaries of Groups (Saint-Gobain, Crédit Agricole, Groupe Arnaud...) or for ETIs at the request of CIRI.
He went on to set up Cofina, a corporate finance and M&A consultancy firm with which he has completed some one hundred transactions (fund-raising, disposals, acquisitions, LBOs, etc.). Christian is a member of various supervisory boards and strategic committees.
Joins BAI in 2019.
EM Lyon / DEA

"BAI is an entrepreneurial project whose aim is to structure the French premium decor market. Our country's art of living and know-how in terms of creation and design are remarkable, and the potential for international development is very significant."

A word from the team