Fundraising & private equity
A SICAR is a company (permanent capital, indefinite duration); an FCPR is a fund (co-ownership, defined duration, typically 7 to 10 years). This changes governance, liquidity for the investor and the exit route.
A fundraising relies on a solid file: reliable accounts, business plan, information memorandum, data room, valuation and term sheet. Investors are then approached (SICAR, FCPR, regional funds, family offices). Serious pre-deal preparation improves the valuation and shortens the timetable.
Key criteria: audited accounts, a formal business plan, solid margins, an identified target investor, documented processes, a controlled valuation and an investment file ready. Our free 8-question diagnosis places your level of maturity.
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Answer provided for general information by MGI BFC, audit and accounting firm registered with the Tunisian Order of Chartered Accountants. It is not advice tailored to a particular situation and may change with regulation. See the whole answers centre.