Sale of Cementys to Socotec

Sector(s)
Business Services
Deal type
Sell your business
Date
November 2020
Countries involved
France

Client

Cementys is a French tech-enabled company specialized in Structural Health Monitoring (SHM) services

Deal

Capitalmind has advised the sale of Cementys to Socotec Group

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France
  • Christopher Martin

    Christopher Martin

    Vice President France

About the deal

Founded in 2008 by Vincent Lamour, Cementys is a French tech-enabled company specialized in Structural Health Monitoring (SHM) services. Cementys is a high-growth player in the Testing, Inspection and Certification industry. The company has doubled in revenues every year since 2017 and will generate €20m in 2020

Cementys designs its own sensors and hardware, markets its proprietary software platform and has emerged as a leading monitoring solutions provider to monitor and manage buildings, infrastructure and critical assets. The company is recognized as a technological leader for IoT, fibre optics and data analytics in the SHM industry.

The acquisition of Cementys will provide Socotec Group with new infrastructure monitoring technologies and know-how while Cementys will benefit from Socotec’s global footprint. The joint ambition, through this transaction, is to create the world leader in infrastructure and construction monitoring solutions by 2025.

Socotec is #1 in France for building inspection and a European leader in TIC for the construction and infrastructure sectors. The group registered revenues of €900m in 2019 serving 200,000 clients.

What we did

Capitalmind has accompanied Cementys for 2 years, to help Vincent Lamour to structure the company, build his growth plans and to identify the best partner to accelerate growth.

This deal illustrates Capitalmind’s know-how in supporting entrepreneurs in their growth project and its expertise in tech-enabled services. It also enriches our track record of 30+ transactions in the TIC sector.