On June 30th, 2026, Latour Capital announced that it has completed the acquisition of Engie Home Services from the Engie Group. Engie Home Services is a leading provider in France of installation and maintenance services for individual heating and air-conditioning systems, serving private individuals, condominium property managers and social housing providers.
As part of the transaction, the company is returning to its historic name and will once again operate as Savelys, opening a new chapter as an independent company.
Rationale
Building on its leading position, strong local presence and the quality of its teams, the company intends to continue growing in a market driven by increasing demand for building energy renovation. It will support the deployment of low-carbon heating solutions, particularly heat pumps, whose adoption is a key driver of the energy transition in France.
This transaction also illustrates Latour Capital’s recognized expertise in carve-out transactions, having successfully completed several such deals with companies including Veolia, Plastic Omnium, Solvay, Schneider Electric and Nexans.
Latour Capital at a glance
Latour Capital is an independent French investment firm with an entrepreneurial culture and strong operational experience, led by twelve partners. With €5 billion in assets under management, the firm invests in France and across Europe, focusing on companies with strong growth potential.
Engie at a glance
Engie is a major player in the energy transition, whose purpose is to accelerate the transition toward a carbon-neutral economy. With more than 90,000 employees across 30 countries, the Group covers the entire energy value chain, from production to sales, including infrastructure. Engie brings together several complementary activities: the production of renewable electricity and gas, flexibility assets, notably batteries, gas and electricity transmission and distribution networks, local energy infrastructure such as heating and cooling networks, and the supply of energy to residential, municipal and corporate customers. Each year, Engie invests an average of €12 billion to advance the energy transition and achieve its own net-zero carbon target by 2045.
