Ipso Santé: Financing the development and structuring of financial management for an expanding network of medical practices
Date of commencement of relationship: 2021
Sector: Health
Activity: Provision of medical offices for professionals in the sector
Our Support (stack): Finance, Tech
Complex legal structure
Specific sectoral agreements
Alice Lefèvre
"We have been supporting ipso Santé in its development for several years, managing various equity and debt fundraising initiatives (approximately €20 million raised) without intermediaries, while adapting financial management to the complexity of ipso Santé 's legal structure and sector-specific agreements."
Mathieu Mola
chief financial officer
Using our reporting as a basis, we activate key levers
, to create value.
Performance
Manage over 100 different bank accounts, each dedicated to a practitioner per site
Issues
- Coordinate financial flows between over 100 bank accounts
- Ensure that each site and each practitioner has clear visibility of their flows.
- Consolidate data across the organization
Results
- Automation of bank data aggregation
- Centralization of data for simplified network monitoring
- Forecasting and managing cash flow requirements to avoid financial strain
Steering
Consolidation
Bank flows
Performance
Migration of accounting tools to align analytical and accounting views by firm, integrating legal complexity
Issues
- Ensure clear and appropriate financial management by firm (+10)
- Maintaining an accurate analytical view despite legal complexity
Results
- Migration to Pennylane and Spendesk
- Development of dedicated connectors to automate the collection of the Group's banking and accounting data
- Recruitment of an RAF to support network management
Migration
Connectors
Recruitment
Valuation
Managing fundraising: documentation, business plan, and legal negotiations, without intermediaries
Challenges
- Prepare comprehensive documentation and a detailed business plan.
- Negotiate and optimize legal and financial terms
- Conducting live discussions (no M&A intermediary)
Results
- Successful fundraising (Series B - €15 million) thanks to robust documentation and business plan, convincing investors
- Optimized legal structure to ensure favorable conditions for the company
Fundraising
BP
non-intermediated
Results in figures
+100
integrated bank accounts to manage their cash flow in one place
+10
cabinets integrated into an analytical cockpit
1
direct fundraising
They transformed their finances with us
