{"id":9264,"date":"2022-11-22T16:07:29","date_gmt":"2022-11-22T15:07:29","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?page_id=9264"},"modified":"2023-11-03T10:18:57","modified_gmt":"2023-11-03T09:18:57","slug":"building-an-impactful-future-together-wcp-impact-dev-and-recyc-matelas","status":"publish","type":"page","link":"https:\/\/www.weinbergcapital.com\/en\/building-an-impactful-future-together-wcp-impact-dev-and-recyc-matelas\/","title":{"rendered":"Transcription – RECYC-MATELAS EUROPE"},"content":{"rendered":"\n

J\u00e9r\u00e9my Settbon, <\/strong>President of Recyc-Matelas Europe<\/strong><\/p>\n\n\n\n

I don\u2019t know if you\u2019ll remember this Sacha, but I for one haven\u2019t forgotten the timing of the first time you reached out to me. It was during the height of the Covid-19 pandemic, when the economic context was pretty bleak. I knew that if an investment fund was contacting us when we didn\u2019t know what the future held, it was an avenue worth exploring. <\/p>\n\n\n\n

Sacha Talmon, <\/strong>Associate Director, Co-head of WCP Impact Dev<\/p>\n\n\n\n

I remember it very clearly. It wasn\u2019t just what Recyc-Matelas does that caught our attention. What stuck with me was how you embodied the project and the company\u2019s activities and how you were acutely aware of the environmental and social impact of the company\u2019s work. The relationship of trust you build working with other people on a project like that is important, so I knew we would benefit from joining forces. <\/p>\n\n\n\n

J\u00e9r\u00e9my Settbon <\/strong><\/strong><\/p>\n\n\n\n

A company like ours \u2013 which is involved in recycling and social integration \u2013 clearly needed a partner that was mindful of the impact of our work. <\/p>\n\n\n\n

Sacha Talmon<\/strong><\/strong><\/p>\n\n\n\n

Don\u2019t forget you did ask two or three questions to gauge how involved we would be in managing the company. <\/p>\n\n\n\n

J\u00e9r\u00e9my Settbon <\/strong><\/strong><\/p>\n\n\n\n

Admittedly, I did! I remember it was…I was a little bit apprehensive about our share ownership structure changing, about a fund investing in the company. We were wondering how involved the fund would be and whether the company would still be totally free to make its own major strategic decisions. I feel reassured now, don\u2019t worry. Your fund lets directors retain their independence and we…I soon realised that we wouldn\u2019t be gaining a shareholder but rather an actual partner. <\/p>\n\n\n\n

Sacha Talmon<\/strong><\/strong><\/p>\n\n\n\n

Exactly. We emphasised the impact plan, which, in our opinion, is what makes our fund unique. It\u2019s tailored, it\u2019s something we spend time on. We took the time to do it properly together. It\u2019s not the kind of thing we impose on companies \u2013 that\u2019s not our philosophy at all. We worked on it over a six-month period. We thought about initiatives that should be implemented to help the company thrive. <\/p>\n\n\n\n

J\u00e9r\u00e9my Settbon <\/strong><\/strong><\/p>\n\n\n\n

There really was a lot to think about. We\u2019d already introduced a range of initiatives, but they lacked structure, and we hadn\u2019t devised any sort of plan. Then you came along, looked at the initiatives we had in place and helped us come up with an action plan, complete with performance indicators and objectives, which were things we had definitely been lacking. <\/p>\n\n\n\n

Sacha Talmon<\/strong><\/strong><\/p>\n\n\n\n

Another important thing we noticed when we first met you was how sincere you were in your approach and how keen you were to make an impact. <\/p>\n\n\n\n

J\u00e9r\u00e9my Settbon <\/strong><\/strong><\/p>\n\n\n\n

Honestly, I couldn\u2019t have been anything other than sincere because, when you build a company and accept all the challenges that come with it, you truly mean what you say. As for the rest, our partnership has reminded me of something I learned as an entrepreneur \u2013 collaboration can get you a long way.<\/p>\n","protected":false},"excerpt":{"rendered":"

J\u00e9r\u00e9my Settbon, President of Recyc-Matelas Europe I don\u2019t know if you\u2019ll remember this Sacha, but I for one haven\u2019t forgotten the timing of the first time you reached out to me. It was during the height of the Covid-19 pandemic, when the economic context was pretty bleak. I knew that if an investment fund was contacting […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-contenu-retranscription.php","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-9264","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/pages\/9264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/comments?post=9264"}],"version-history":[{"count":5,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/pages\/9264\/revisions"}],"predecessor-version":[{"id":14626,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/pages\/9264\/revisions\/14626"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=9264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}