When was FACE GROUP acquired by HIVEST CAPITAL PARTNERS?

FACE GROUP was acquired by HIVEST CAPITAL PARTNERS in 2021.

What was the revenue of FACE GROUP at the time of the deal?

The revenue of FACE GROUP at the time of the deal is estimated to be in the range of 250M - 500M EUR.

How is the data for the FACE GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the FACE GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://hivestcapital.com/en/face-backed-by-hivest-capital-will-acquire-epc-solaire-a-leading-player-in-the-french-photovoltaic-market/

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Home DatabaseFACE GROUP

03/2021

FACE GROUP acquired by HIVEST CAPITAL PARTNERS

FRANCE Construction / Finishing Works REV 250M - 500M EUR

Context

Hivest Capital Partners has acquired a majority stake in Face Group in a primary LBO transaction, marking the start of the company's transmission from its founders. The deal followed a competitive process involving both financial and industrial bidders. The Torres family, who founded and led the company since 1979, has decided to reinvest alongside the private equity firm, as have several subsidiary managers who were already shareholders. The transaction is supported by bank financing provided by Bred and Société Générale, which includes a dedicated CAPEX line to fund future external growth opportunities. The strategic rationale for the acquisition is to capitalize on the growth of the non-residential building maintenance and renovation markets, as well as the transition toward solar energy. Hivest aims to support Face Group in completing its territorial coverage in France through the acquisition of local players. This partnership is designed to transform the family-run business into a more professionalized and diversified group, focusing on high-growth areas such as photovoltaics and specialized building maintenance services.

FACE GROUP, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of .

Target

Founded in 1979 as a family business specializing in roofing and cladding, Face Group has transformed into a leading French provider of multi-technical services for building performance and decarbonization. The organization specializes in the "building envelope" (waterproofing, roofing, and siding) as well as renewable energy solutions, including photovoltaic systems and electrical engineering. The entity operates through a network focused on maintenance, renovation, and energy efficiency for professional and industrial buildings. Following strategic acquisitions such as EPC Solaire and LBGE, the group has integrated expertise in solar energy and electrical maintenance. With approximately 820 employees, the firm serves the French real estate market by providing locally-based technical services designed to reduce the carbon footprint of large-scale facilities. The group is currently executing a 2030 strategic plan focused on becoming a comprehensive multi-technical service network across Europe.

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Other operations with FACE GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2026	MONTEFIORE INVESTMENT	FACE GROUP	FRANCE	Finishing Works

REFERENCES

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FACE GROUP by HIVEST CAPITAL PARTNERS 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.

Press release: view release

Target: face group

Acquirer: hivest capital partners