Sponsorless Management Buy Out of Groupe ADF

Sector(s)
Business Services / Industrials
Deal type
Buyout / MBO
Date
August 2014
Countries involved
France

Client

Groupe ADF is a leading provider of industrial engineering and maintenance services

Deal

Capitalmind advised the full exit of Edmond de Rothschild Investment Partners in Groupe ADF (leading French industrial maintenance services provider), through a sponsorless MBO supported by Acto Mezzanine and Etoile ID

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France

What we did

Capitalmind provided advisory on strategic options available and led a competitive process with financial investors to optimize shareholding conditions. Capitalmind also provided debt advisory services by raising an innovative debt package

About the deal

Spin-off from Gaz de France / Cofatech, ADF Group has become a national leader in industrial maintenance and engineering services towards blue chips customers of Nuclear, Oil & Gas, Chemicals, Aeronautics and Materials Industry through four offers: common industrial maintenance, tailor-made major projects, Technologies and Environnent engineering.

Generating over €250m the group employs over 2.400+ employees through 28 facilities in France and the Benelux

Through this operation, Groupe ADF enters into a new phase of its development, based on the strengthening of its leading positions and the acceleration of its international expansion.