Context

Parquest has acquired a minority stake in Betem Groupe to support its next phase of expansion. The group's management team, led by Chairman & CEO Philippe Mercier, remains the majority shareholder, ensuring operational continuity and strategic independence. This transaction was structured to provide the group with a strong financial partner to fuel an ambitious growth trajectory, combining organic development in core engineering businesses with the selective acquisition of specialized firms to broaden technical capabilities. The partnership also facilitates the extension of equity ownership to a wider circle of the company's managers.

Target

Founded in 1967, Betem Groupe is a prominent French multidisciplinary engineering design and consultancy firm. The group provides comprehensive technical expertise across several key domains, including buildings, energy, water, infrastructure, and the environment. Betem supports a diverse client base of public and private entities through the entire project lifecycle, from initial design and engineering to full project management and delivery of complex programs. With a workforce of 450 employees across France, the group has established a strong reputation for innovation and technical proficiency in the construction and infrastructure sectors.