Capitalmind Investec has advised Fauché on its fourth MBO backed by EMZ Partners

About the deal

Fauché is the leading independent electrical engineering pure player in France. The group operates from the design of electrical installations (e.g., low and high voltage, process and automation) and their execution to the maintenance of equipment and systems.

The group has grown mainly organically, by strengthening its geographical footprint with over 120 locations, and by accelerating its external growth strategy with the completion of 11 acquisitions since 2021, enjoying vigorous growth over the past three years, rising from €280m in sales in 2021 to over €430m expected in 2024.

Nearly three years after its previous MBO supported by EMZ and long-standing financial partners (GSO Capital, Multicroissance, and NMP Développement), the management has completed a new MBO featuring the same financial partners as part of a managerial transition.

Through this operation, the group ambitions to pursue a controlled and lasting organic growth, to continue improving its operational efficiency, to develop high value-added services and to pursue its external growth strategy. This operation will also enable the company to broaden the circle of employee-shareholders, who now represent over 30% of total employees.

What we did

Capitalmind Investec assisted Fauché shareholders throughout the entire process:

• definition of the tactical approach and transaction timeline,
• preparation of marketing materials,
• structuring of the deal,
• overall coordination,
• and management of the entire debt financing process.