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.