MBO of Fauché

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

Client

Fauché Group is the leader in the electrical engineering industry in France

Deal

Capitalmind has advised Fauché Group on its third MBO backed by EMZ Partners

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France
  • Thibault Laroche-Joubert

    Thibault Laroche-Joubert

    Partner France

About the deal

The management team of Fauché, supported by EMZ Partners, takes control of the group from Parquest Capital. Multicroissance, GSO Capital and NMP Développement, financial partners of Fauché since 2011, are also reinvesting in the transaction.

This deal marks a new milestone in the development of Fauché, which has grown significantly since 2017. The revenues of the group, which amounted to €175 million in 2017, should exceed €280 million in 2021 thanks to a well-managed development strategy, through organic growth and targeted acquisitions.

Fauché is the independent leader in electrical engineering in France. The group provides services across the entire value chain, including electrical design/installation, maintenance, design/installation of automation systems and manufactures electrical equipment. The group operates for a wide range of sectors with a workforce of 1,710 employees in 77 agencies and service centers.

What we did

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

This transaction once again illustrates Capitalmind’s ability to support its clients over the long term after having organized, as part of a majority LBO with Parquest, the exit of Naxicap in 2017.

Why they team up with us

“Capitalmind teams have been advising us for several years and there is a true bond of trust between us. We are aligned in terms of objectives, which is a guarantee of success. I sincerely appreciate their state of mind, their availability and professionalism. It’s always a pleasure to work with them.”

Patrick Zmirou, CEO – Groupe Fauché