FHBX

What FHBX does

FHBX is a regulated French judicial administrator firm (étude d'administrateurs judiciaires) headquartered in Neuilly-sur-Seine, founded in 2007 as FHB and rebranded to FHBX in 2022. The firm specializes in preventing and resolving business difficulties across France, organized around a three-pillar approach: Anticiper (preventive amicable procedures such as mandat ad hoc and conciliation), Gérer (collective judicial procedures — sauvegarde, redressement judiciaire, liquidation judiciaire, administration provisoire), and Rebondir (recovery, takeovers, and turnaround support). FHBX serves companies of all sizes — from micro-enterprises and distressed startups to listed groups — across all sectors, and claims more than 10,000 cases handled. Marquee publicly disclosed mandates include Europcar Mobility Group (sauvegarde during Covid, 12,000 jobs preserved, €750M financing raised, €1B debt erased), Célio, Corsair, Adrexo, Novares, and Hopps Group.

FHBX operates from 17 offices organized into 8 geographic sectors with regular presence in major French commercial courts. The professional base comprises 11 partner judicial administrators, 1 salaried judicial administrator, and over 140 collaborators. Two wholly-owned subsidiaries extend the platform: FHBX Civil provides provisional administration for civil entities (copropriétés, successions, indivisions, SCI, associations), and FHBX Fiducie delivers fiduciary (fiducie) financing services to SMEs — the latter strictly segregated from judicial administrator mandates to preserve independence and avoid conflicts of interest. Revenue is generated through professional fees on court-appointed judicial mandates and direct client engagements for preventive amicable procedures, with pricing set by negotiation and/or court order based on case complexity. Distribution is direct: court appointment plus direct company engagement, complemented by a Data Room portal for business takeover opportunities and annual pedagogical publications (Guide de l'Entrepreneur éclairé, 50,000 copies; Livre VI du code de commerce revisité).

The business operates without proprietary technology, AI, or public APIs, and there is no disclosed external funding; FHBX is owned and operated by its partner judicial administrators under the regulated profession framework (article L. 811-1 du code de commerce). Channel and marketing activity is concentrated in thought-leadership content, a corporate website, LinkedIn and Twitter presence, and earned media from high-profile restructuring mandates.

Name

FHBX

Legal name

FHB

Website

https://fhbx.eu

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

FHBX is a French regulated judicial administrator firm operating from 17 offices nationwide, providing court-appointed mandates and direct engagements for businesses in distress, from prevention through restructuring to civil provisional administration.

Ownership category

akta.pro rank

Headquarters

HQ city

Neuilly-sur-seine

HQ country

France

HQ region

Europe

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Judicial Administrator Services: Professional fees for court-appointed missions including mandat ad hoc, conciliation, sauvegarde, redressement judiciaire, liquidation judiciaire, and provisional administration. Revenue is generated through court-appointed mandates and direct client engagements for legal restructuring services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

FHBX is a French judicial administrators firm that intervenes in companies facing financial, operational, or governance difficulties. It delivers preventive amicable procedures (mandat ad hoc, conciliation), collective judicial procedures (sauvegarde, redressement judiciaire, liquidation judiciaire), international and European proceedings, business restructurings, and civil provisional administration. The firm combines 11 partner judicial administrators and over 140 staff across 17 offices nationwide and operates a fiduciary subsidiary (FHBX Fiducie) and a separate civil-law subsidiary (FHBX Civil).

Product overview

FHBX is a unified judicial administrator services firm offering legal and administrative interventions for businesses facing difficulties. The core offering consists of FHBX Judicial Administrator Services encompassing amicable procedures (mandat ad hoc, conciliation) and collective judicial procedures (sauvegarde, redressement judiciaire, liquidation judiciaire). This core is supplemented by specialized sub-products: FHBX Civil handles provisional administration for civil matters (co-ownerships, successions, undivided estates, SCI, associations), while FHBX Fiducie provides fiduciary services through a dedicated subsidiary. The firm also operates a Data Room portal for business takeover opportunities and publishes educational guides including the Guide de l'Entrepreneur éclairé and a restructured Livre VI du Code de commerce. With 17 offices across France and over 80 collaborators, the firm serves businesses of all sizes from micro-enterprises to listed groups.

Differentiator

Problem solved

Functional benefit

Products and services

• FHBX Judicial Administrator Services Comprehensive judicial administrator services for businesses in difficulty in France, covering preventive amicable procedures (mandat ad hoc, conciliation), collective procedures (sauvegarde, redressement judiciaire, liquidation judiciaire), international and European proceedings, business recovery, and takeover support. For companies of all sizes from micro-enterprises to listed groups.
• FHBX Civil Provisional administration of civil entities in crisis or governance difficulty — including struggling co-ownerships, successions, undivided estates, SCI (civil real-estate companies), and 1901-law associations. Delivered by FHBX Civil as a wholly-owned subsidiary.
• FHBX Fiducie Fiduciary services (fiducie) offered by FHBX Fiducie, a wholly-owned FHBX subsidiary, to democratize fiducie as a financing tool for SMEs. Operates exclusively in fiduciary mandates, never in FHBX judicial-administrator mandates, avoiding conflicts of interest.
• Data Room (Dataroom FHBX) Electronic data room portal exposing FHBX's business takeover and recovery opportunities across sectors (BTP, commerce, hospitality, industry, logistics, startups) to prospective acquirers.
• Guide de l'Entrepreneur éclairé (published guide) Educational publication explaining collective procedures, prevention tools, and pathways to recovery for entrepreneurs facing business difficulties.
• Livre VI du Code de commerce revisité (published guide) Pedagogical restatement of Book VI of the French Commercial Code, providing structured content on business-difficulty procedures for entrepreneurs.

Quantifiable outcome

• Approximately 70% of employment preserved through collective procedures
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• FHBX FiduciecoreStrategic or Co-development Partner · 1 January 2021Subsidiary dedicated to fiduciary services (fiducie) for business financing. FHBX Fiducie is strictly separated from FHBX judicial administrator mandates to avoid conflicts of interest. Its mission is to democratize fiducie as a financing tool for SMEs, operating exclusively in fiduciary mandates never in FHBX judicial administrator mandates. Led by Théophile Fornacciari and Charlotte Fort.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Alvarez & Marsal: Global restructuring-advisory firm with a substantial French practice. Competes with FHBX for complex LBO restructurings and special-situations mandates in France.
• FTI Consulting: Global restructuring and economic consulting practice with French operations. Competes for large enterprise and cross-border restructurings alongside French études like FHBX.
• Kroll: Global restructuring advisory with French presence, competing in insolvency-adjacent and special-situations work comparable to FHBX's mandate profile.
• Houlihan Lokey: Independent global advisory firm with a leading restructuring practice, active in French and European restructurings. Competes with FHBX for creditor-side and special-situations mandates.

Broad incumbents

• Mazars: French-origin international audit and advisory network with restructuring-services capabilities. Competes with FHBX at the broader corporate-restructuring engagement level rather than court-appointed mandates.
• KPMG France: Big-4 firm in France with a corporate-restructuring practice. Competes for advisory mandates on distressed companies overlapping with FHBX's amicable-procedure work.
• Deloitte France: Big-4 firm with established French restructuring practice. Competes with FHBX for complex restructuring advisory and turnaround mandates in France.
• PwC France: Big-4 firm with French restructuring and turnaround services. Competes with FHBX on large enterprise financial-restructuring mandates.
• EY France: Big-4 firm with a French restructuring practice (formerly including EY-Parthenon). Overlaps with FHBX on complex and large-enterprise restructuring mandates.
• Rothschild & Co: French-rooted global financial-advisory firm with restructuring capabilities. Competes with FHBX in complex French and cross-border restructurings, especially in LBOs and distressed M&A.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fhbx_eu
• LinkedInlinkedin.com/company/fhb

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FHBX