MBO of ERIS

Sector(s)
Business Services
Deal type
Sell your business / Buyout / MBO
Date
December 2021
Countries involved
France

Client

ERIS is a leader in France in the field of maintenance and installation of equipment for the Fire Detection, Smoke Extraction and Electronic Security

Deal

Capitalmind has advised ERIS on a primary MBO backed by Chequers Capital

Parties

Lead team

  • Kilian de Gourcuff

    Kilian de Gourcuff

    Partner France

About the deal

Created in 1974 and initially active as an integrator of fire safety solutions, ERIS, with more than 45 years of experience, has become one of the leading French players in the field of maintenance and installation of equipment for the Fire Detection, Smoke Extraction and Electronic Security.

With its workforce of 260 employees, the company serves a B2B client base of over 1,000 customers in the private and public tertiary sector notably public buildings offering multi-brand installation, renovation and preventive and corrective maintenance services.

Chequers Capital was founded in Paris in 1972, initially as the French subsidiary of the Charterhouse Group. The PEH became independent in 2000 under the name Chequers Capital and has achieved 300 investments in Europe in nearly 50 years.

What we did

Capitalmind has assisted Eris Group’s shareholders all along the MBO process: designing the transaction strategy, preparing marketing material and business plans, qualifying investors most likely to value Eris Group’s positioning and to support its development & management team, organizing a competitive process, structuring the deal, managing final negotiations as well as the debt financing process.