Parquest Capital invests in Betem Group
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.
The acquisition of Betem Group is part of the growth strategy of Parquest Capital, which already has several external growth operations under its belt, notably Imaneo in 2023.
Betem Group, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only].
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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.
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Parquest Capital
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2023 | PARQUEST CAPITAL | IMANEO | FRANCE | Radiology |
| 09/2021 | PARQUEST CAPITAL / CAPZA | ADVENS | FRANCE | Cybersecurity Services |
| 04/2020 | PARQUEST CAPITAL / BPIFRANCE | JVS GROUP | FRANCE | Industry-Specific Software |
| 06/2019 | PARQUEST CAPITAL / BPIFRANCE | ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) | FRANCE | Consulting & Audit |
| 02/2019 | PARQUEST CAPITAL / AMUNDI PRIVATE EQUITY | EDUSERVICES | FRANCE | Education Providers |
| 11/2018 | PARQUEST CAPITAL | SOPRAL | FRANCE | Petfood |
| 10/2017 | PARQUEST CAPITAL | GROUPE ASERTI | FRANCE | Industrial Services |
| 06/2017 | PARQUEST CAPITAL | ACCES INDUSTRIE | FRANCE | Equipment Rental |
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REFERENCES
Revenue range: REV €50–100M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Betem Group by Parquest Capital are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: betem group
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