mynth
07/2024

FAUCHE acquired by EMZ PARTNERS

FRANCE Facility Management / Maintenance EV 100M - 350M EUR

Context

Fauché has completed a new management buy-out (MBO) transaction in partnership with its long-standing partner EMZ Partners. This deal comes nearly three years after a previous capital restructuring and aims to support the group's continued growth while strengthening employee ownership. The distinctive feature of this transaction is the expansion of the employee shareholder base, with over 30% of employees now holding shares in the company. Following the transaction, employees collectively retain more than 80% of the capital, reflecting the group's commitment to preserving an entrepreneurial model that ties team performance to company performance. This shareholder structure is designed to incentivize employees and align their interests with those of the business. The transaction also marks a significant milestone in the group's governance, with the transfer of executive responsibilities from Patrick Zmirou to Christophe Guitton. Christophe Guitton, who joined the company in 2023 after a career in technical and energy services, will assume the presidency of the group, while Patrick Zmirou will become Chairman of the Supervisory Board. This transition ensures a progressive and organized handover of leadership while maintaining strategic continuity. The group's historical financial partners, GSO Capital, Multicroissance, and NMP Développement (investors since 2011), have also reinvested in the company, demonstrating their ongoing support for the business.

FAUCHE, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Business Services market trends

Target

Fauché is a French group specializing in energy solutions and services. Founded in 1963, the company operates across the entire lifecycle of technical installations, from design and engineering to implementation, operation, optimization, and maintenance. Fauché supports a diverse client base comprising industrial operators, tertiary sector businesses, and infrastructure managers. The company's activities are centered around several complementary areas of expertise, including electrical installations, industrial automation and processes, as well as multi-technical maintenance services. This integrated offering enables Fauché to tackle complex projects related to energy efficiency, equipment modernization, and enhanced reliability of technical infrastructure.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
LOGIN
LOGIN
LOGIN
2022
LOGIN
LOGIN
LOGIN

Other operations with FAUCHE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
01/2025FAUCHESYLPAFRANCEConstruction

Electrical engineering specialist Groupe Fauché has successfully completed the acquisition of Sylpa, an Île-de-France-based peer, following a highly competitive, industrials-only auction process advised by Investec

REFERENCES

Valuation range: EV 100M - 350M EUR

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 FAUCHE by EMZ PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: emz partners