Transaction

CEME Group

CEME Group

April 2022
N.D.
Acquisition of
by
Apax Partners acquires CEME Group, alongside Société Générale Capital Partenaires and BNP Paribas Développement, both long-standing investors who are renewing their commitment with this acquisition. Some 60 partner-managers are investing heavily in this acquisition.

Rationale

With the backing of Apax Partners, Société Générale Capital Partenaires and BNP Paribas Développement, the company aims to:

  • Continue its organic growth
  • Step up its acquisitions strategy to support its regional development and complementary expertise (maintenance, automation, data wiring, energy efficiency and renewable energies)

CEME Group at a glance

Founded in 1949 in Moulins (Central France), CEME Group is a national leading company for electrical and HVAC engineering and maintenance. For more than 70 years, the Group has developed projects and services dedicated to energy efficiency and thermal comfort, with a focus on the tertiary sector, industry, local authorities and private individuals. CEME Group employs around 700 people across its network of 22 locations in France. With revenue of close to €125m, 1,600 completed projects in 2021 and more than 800 clients, CEME Group is a leading national and independent energy player.

Apax Partners at a glance

Apax Partners is a leading European private equity firm based in Paris. With over 45 years of experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €4.8 billion. These funds invest in fast-growing middle-market companies across four sectors of specialization: Tech & Telecom, Consumer, Healthcare and Services.

Scope of intervention

Sycomore CF acted as exclusive financial advisor to CEME Group and its management

TRANSACTION CONTACT

Pierre-Arnaud de Lacharrière