Press release – September 26, 2024
Lockall raises 155 million euros to accelerate the development of its 2.0 storage solutions in Ile-de-France
Founded in 2020 and specializing in storage solutions for individuals and professionals, Lockall has just announced that it has raised 155 million euros from a subsidiary of the American fund Starwood Capital Group. With five sites in activity and the opening of four new ones to come, Lockall intends to accelerate its development to establish itself among the leaders of the sector in Ile-de-France.
The Lockall site in Poissy (78) was inaugurated in April 2024
LOCKALL AIMS FOR FIFTEEN SITES BY 2026
This major fundraising for the “ self-storage » offers Lockall an investment capacity that matches its ambitions, explains Alexis de l’Épine, Co-founder of the start-up: “It’s a real accelerator. This new financial contribution demonstrates the relevance of our storage solutions and opens up new prospects for us to set up in Ile-de-France. We would like to thank our new lender Starwood Capital Group and our historic shareholders Metric Capital Partners and Somurco for their trust.”
The announcement of this fundraising of 155 million euros will now allow the Ile-de-France group to increase its portfolio of assets to achieve its objective: reaching fifteen sites by 2026.
For its part, the subsidiary of the American fund of Starwood Capital Group chose to support Lockall since it fully believes in the uniqueness of its model, as demonstrated by the Group's Vice-President, Will Lawler: “We are delighted to support Lockall in its growth strategy in the very attractive Paris region market. Lockall has a proven track record of developing best-in-class assets and services with exceptional operational excellence. This partnership is a continued sign of our confidence in the self-storage sector across Europe.”
“WE ARE LOOKING FOR NEW LOCATIONS IN ILE-DE-FRANCE TO MEET THE GROWING DEMAND OF ARTISANS AND INDIVIDUALS, WITH FLEXIBLE STORAGE, OFFICES AND WORKSHOPS SOLUTIONS”
Lockall’s activity is based on a unique model. On the one hand, the group develops storage solutions intended for both individuals and professionals.
These spaces are all located in prime locations, right in the heart of very densely populated areas such as in the 8th And 13th districts of Paris or even Suresnes in Hauts-de-Seine, at the gates of the capital.
Within its sites, Lockall also deploys BtoB offers through a network of Maisons des Artisans. These spaces are specially designed to meet the flexibility and flexibility needs of craftsmen and entrepreneurs.
Each Lockall Craftsmen's House houses storage spaces, individual and shared workspaces, private workshops and offices to support the development of artisans, VSEs and SMEs. A concept that offers professionals the possibility of accessing all the services they need on a daily basis while generating synergies between their different activities.
The Maisons des Artisans de Lockall all take place on old, completely rehabilitated wastelands located in the inner and outer suburbs (as in Lognes in Seine-et-Marne, Poissy in Yvelines and soon in Argenteuil in Val-d’Oise and Vélizy-Villacoublay in Yvelines). Two other sites will be revealed by the end of the year.
“Thanks to our work with communities, we are able to offer locations where demand from individuals and professionals is greatest”, estimates Antoine Muel Development Director of Lockall, “One of our strengths lies in our territorial network.”
In total, Lockall already boasts a portfolio of 9 sites which allows it to offer a total surface area of 82,000 m2, or around 10,000 individual spaces.
“This fundraising will allow us to pursue our strategy to meet the needs of individuals and professionals in the Ile-de-France region”
Alexis de l’Épine, Co-founder of Lockall
ABOUT THE OPERATION
Lockall would like to thank all the partners who contributed to the success of this operation:
Lockall – Alexis de l’Epine, Anissa Belhadj
Metric Capital Partners – Alastair Balfour, Louis Robert, Alistair Dean, Joana Costa
Somurco – Eric Delas
Starwood Capital Group – Callum Laithwaite, Will Lawler, Benjamin Novo
DLA Piper-: Romain Guénin, Safa Geimel, Giuliana Facim Menegassi
Simmons & Simmons – Céline Larmet
Jacquin & Associés – Pascal Bonne / Allez & Associés: Vincent Audoir
JLL – Brad Greenway, Karan Mahajan, Elena Roberts, Nathalie Kerr
Banque Populaire Rive de Paris – Yannick le Fur, Marc Hertman, Céline Gandeboeuf
ABOUT LOCKALL
Founded in 2020, Lockall is developing a storage solution in Île-de-France for professionals and individuals. This is an offer intended to meet all types of needs with storage boxes ranging from 0.5 to 50 m2, without commitment or security deposit. In addition to being particularly flexible, Lockall's storage spaces also have the advantage of being easily accessible (parking and unloading areas, handling tools, etc.), and completely secure using internal encrypted digital key technology.
Lockall is also developing “La Maison des Artisans”, a BtoB solution which is based on the creation of spaces specially designed to meet the flexibility and flexibility needs of artisans and entrepreneurs. Each Maison des Artisans houses storage spaces, individual and shared work places, private workshops and offices to support the development of artisans, VSEs and SMEs. Only the services used are billed, which allows professionals to be more agile and control their expenses. The Maisons des Artisans are located on old, completely rehabilitated wastelands. This concept makes it possible to improve the daily lives of professionals by bringing together under the same roof all the services that companies need while generating synergies between their different activities.
PRESS CONTACTS
Nicolas Claude – [email protected] – 06 37 31 17 43
Maxence Challut – [email protected] – 06 40 78 86 19
