2B SERVICES & INNOVATIONS acquired by EURAZEO
Context
2BSI has completed a new LBO to accelerate its growth in material and energy recovery. Specializing in niche markets like concrete and wood waste recycling, the group maintains long-term partnerships with major institutions such as Enedis and SNCF. This transaction supports 2BSI's goal to lead the circular economy and energy transition by controlling its entire value chain, from infrastructure waste collection to the production of high-value recycled products.
2B SERVICES & INNOVATIONS, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of .
Target
2B Services & Innovations is a highly specialized French environmental group focused on the recycling and recovery of infrastructure waste. Based in the Ardèche region since 1993, the company is a market leader in the treatment of end-of-life concrete poles from electrical, telecommunications, and railway networks.
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Historical Financials (EUR)
Similar deals in Utilities (Regulated Infrastructure)
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2024 | SECHE ENVIRONNEMENT | ECO CORPORATE ENVIRONMENTAL ENGINEERING (ECO) | SINGAPORE | Hazardous Waste |
| 06/2024 | VEOLIA | ENVIROPACIFIC | AUSTRALIA | Hazardous Waste |
| 09/2023 | TPG | A-GAS | UNITED KINGDOM | Hazardous Waste |
| 08/2021 | STIRLING SQUARE CAPITAL / DEUTSCHE BETEILIGUNGS (DBAG) | ITELYUM | ITALY | Waste Management |
| 06/2021 | PLATINUM EQUITY | URBASER | SPAIN | Waste Management |
| 07/2019 | ANTIN INFRASTRUCTURE | Vicinity Energy | UNITED STATES | District Heating |
| 04/2019 | SECHE ENVIRONNEMENT | MECOMER | ITALY | Hazardous Waste |
| 06/2018 | ICON INFRASTRUCTURE | EcoEridania | ITALY | Hazardous Waste |
| 05/2018 | ANTIN INFRASTRUCTURE | IDEX | FRANCE | District Heating |
| 06/2014 | Xenon Private Equity | EcoEridania | ITALY | Hazardous Waste |
REFERENCES
Revenue range: 25M - 50M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: eurazeo