SYLPA has been 100% owned by FAUCHE since January 2025.

At what enterprise value was SYLPA acquired in 2025?

During the acquisition of SYLPA by FAUCHE in 2025, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of SYLPA when it was acquired by FAUCHE?

The estimated EV/EBITDA multiple for SYLPA is in the range of 10x - 18x.

When was SYLPA acquired by FAUCHE?

SYLPA was acquired by FAUCHE in 2025.

What was the revenue of SYLPA at the time of the deal?

The revenue of SYLPA at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of SYLPA during the acquisition?

SYLPA's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the SYLPA 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 SYLPA 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://www.fusacq.com/buzz/le-groupe-fauche-finalise-l-acquisition-de-sylpa-a251452_fr_

← DATABASE

Home DatabaseSYLPA

01/2025

FAUCHE takes majority stake in SYLPA

FRANCE Construction / Public Works / Utilities Networks (Water/Fiber) EV 50M - 150M EUR

Context

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. The transaction facilitates the full exit of private equity sponsor Andera Partners, which had backed the target since 2019 through its sponsorless vehicle, Acto Mezz III. The acquisition was funded utilizing Groupe Fauché’s existing bank debt—secured during its recent MBO backed by minority investor EMZ—coupled with a private debt facility provided by GSO Financement. The targeted sell-side process generated significant market appetite, attracting six indicative offers from various corporate players. For the acquirer Groupe Fauché, this first milestone acquisition since its corporate reorganization is highly complementary to its geographic footprint. By integrating Sylpa, the Montauban-based group secures a dedicated regional subsidiary and significantly expands its business volume within the highly strategic Île-de-France market. The operation should also allow the Group to exceed €500M in revenue.

It is worth noting that the fund Andera Partners took control of Sylpa through an LBO in 2019.

SYLPA, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of .

Target

Groupe Sylpa is a specialized provider of electrical engineering, installation, and maintenance services firmly established in the Île-de-France region. Operating as a pure player through its legacy operational subsidiaries, some of which were founded nearly 80 years ago (ETT, ENTRA, SGEA, IECF, and APELTEC), the company delivers critical expertise across electrical installations, distribution networks, public lighting, and urban video protection (VPU) infrastructure. Supported by a network of eight regional sites, the group primarily serves a public sector client base. Operationally, Sylpa employs a dedicated workforce of over 300 professionals.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2023

2022

Other operations with SYLPA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2019	ANDERA PARTNERS	SYLPA	FRANCE	Utilities Networks (Water/Fiber)

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SYLPA by FAUCHE 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.