FACE GROUP
Acquired by
MONTEFIORE INVESTMENT
FACE GROUP acquired by MONTEFIORE INVESTMENT
Target
FACE GROUP
Acquirer
MONTEFIORE INVESTMENT
Context
Montefiore Investment has signed an agreement to acquire a majority stake in Face Group, replacing Hivest Capital Partners as the lead shareholder. Hivest, which entered the capital in 2021, is exiting after a five-year period during which the group was professionalized and its revenue grew from 250 million EUR to nearly 400 million EUR. The transaction, managed by Investec and Adviso Partners, was finalized through a competitive bidding process where Montefiore was selected for its deep expertise in energy services and territorial networking. The strategic rationale for the acquisition is to accelerate Face Group’s transformation into a multi-technical powerhouse. Montefiore plans to support the management team, led by President Nicolas Petit, in expanding into HVAC (Heating, Ventilation, and Air Conditioning) and strengthening its presence in the photovoltaic and electrical engineering sectors.
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.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples Analysis
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Other operations with FACE GROUP
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 03/2021 | HIVEST CAPITAL PARTNERS | FACE GROUP | FRANCE | Finishing Works | 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. |
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.