At what enterprise value was GCC acquired in 2023?

You can find the full valuation details of GCC on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA.

What was the EV/EBITDA of GCC when it was acquired by BNP PARIBAS DEVELOPPEMENT / BPIFRANCE / BTP CAPITAL / ESFIN PARTICIPATIONS?

The exact EV/EBITDA multiple for GCC is available on mynth capital. Join our community for free to access full valuation data and industry trends.

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

The revenue of GCC at the time of the deal is estimated to be in the range of 750M - 1.3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GCC during the acquisition?

GCC's EBITDA is estimated to be in the range of 25M - 50M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the GCC 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 GCC 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://lamartineconseil.com/nos-references/4eme-lbo-pour-le-groupe-gcc-accompagne-de-ses-investisseurs-historiques/

← DATABASE

Home DatabaseGCC

03/2023

GCC acquired by BNP PARIBAS DEVELOPPEMENT, BPIFRANCE, BTP CAPITAL & ESFIN PARTICIPATIONS

FRANCE Construction REV 750M - 1.3b EUR

Context

The management team of the target has successfully finalized its fourth internal buy-out, renewing a strategic partnership with its historical financial backers. This transaction represents a pivotal "generational rotation" in the organization’s lifecycle, allowing senior executives to exit while enabling a new cohort of over 150 younger managers to gain a controlling equity stake. The strategic rationale for the move centers on the acquirer’s objective to maintain long-term institutional independence while refinancing the debt structure from the previous 2015 investment cycle. By incorporating a renewed senior debt facility, the organization reinforces its ability to pursue an aggressive inorganic growth strategy, specifically targeting acquisitions in the energy performance and building renovation segments. The partnership is designed to leverage the target’s established multidisciplinary expertise to accelerate its development in high-growth sustainable development markets. This integration facilitates the scaling of the firm’s technical operational depth, providing the strategic resources required to achieve ambitious value-creation goals in "human-centric" and environmental construction by 2030. The move solidifies the group’s standing as a primary enabler of green building transformation in the French market.

GCC, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

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.

Target

GCC is a premier independent organization operating a multidisciplinary platform within the construction and energy sectors. The entity’s business model is centered on a decentralized framework of regional agencies, providing technical operational depth in general contracting, climate engineering, and specialty energy services. Its value proposition is anchored in a verticalized approach that integrates property development with high-performance environmental engineering to address the increasing demand for sustainable infrastructure. Strategically, the firm focuses on low-carbon renovation and energy-efficient building solutions, leveraging its multidisciplinary expertise to provide "sovereign and innovative" technical systems. By maintaining a management-led ownership structure, the organization ensures a mission-critical role in the structural modernization of the French industrial and urban landscape. The entity prioritizes human capital and environmental sobriety to facilitate the long-term transition toward carbon-neutral construction standards.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in Construction & Real Estate

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2023	NORD CAPITAL PARTENAIRES	GROUPE ROGER DELATTRE	FRANCE	Construction	Groupe Roger Delattre has engaged in its first-ever private equity transaction, securing a minority investment from Nord Capital Investissement through a primary Leveraged Buyout (LBO). This strategic move was designed to fuel the company's next growth phase while maintaining leadership continuity
06/2023	ARGOS WITYU	TKH FRANCE	FRANCE	Construction	Argos Wityu acquired a 60% majority stake in TKH France from its Dutch parent company, TKH Group. The seller reinvested EUR26.5M to retain a 40% minority stake. The deal, valuing the company at EUR118
11/2022	VEIDEKKE	CONSTRUCTA ENTREPRENØR	NORWAY	Construction	Veidekke has successfully finalized the acquisition of 100% of the shares in Constructa Entreprenør, integrating the organization into its Veidekke Bygg division. This strategic transaction represents a significant territorial densification in the Bergen market, one of the most attractive and competitive construction hubs in Norway
11/2022	HAL HOLDING	ROYAL BOSKALIS WESTMINSTER	NETHERLANDS	Construction	HAL Holding, the target's long-standing anchor investor since 1989, has successfully finalized the acquisition of 100% of the common stock of Royal Boskalis Westminster. This transformative transaction marks the end of the organization’s 51-year public listing on Euronext Amsterdam, transitioning the entity into a private subsidiary under the acquirer’s industrial portfolio
07/2022	BYGGPARTNER GRUPPEN	ÅHLIN & EKEROTH BYGGNADS	SWEDEN	Construction	ByggPartner Gruppen has successfully finalized the acquisition of 100% of Åhlin & Ekeroth Byggnads AB, a transformative transaction that significantly increases the group's presence in the strategically vital Östergötland region
07/2022	PER AARSLEFF	TRYM ANLEGG	NORWAY	Construction	Per Aarsleff Holding has successfully finalized the acquisition of a majority stake in Trym Anlegg, a prominent Norwegian railway specialist, integrating the organization into the Aarsleff Rail Group. This strategic transaction represents a significant expansion of the group's footprint in the high-growth Norwegian infrastructure market, particularly within the central region
07/2022	BYGGPARTNER GRUPPEN	FLODÉN BYGGNADS	SWEDEN	Construction	ByggPartner has finalized the acquisition of 100% of the shares in Flodén Byggnads AB, a strategic move that establishes a robust operational base in the Western Swedish market. This transaction was executed concurrently with the integration of another regional leader, transforming the acquirer into a significantly larger industrial group with a diversified geographic footprint across Sweden
03/2022	ANDERA PARTNERS	GROUPE ERI	FRANCE	Construction	Andera Partners has succeeded Latour Capital to back the next growth chapter of Groupe ERI, a premier leader in multi-technical building services within the Paris region. This secondary LBO transaction provides the company—which specializes in electrical engineering, HVAC systems, and comprehensive energy-efficient building renovations—with a new institutional sponsor to accelerate its corporate scaling
12/2021	COLAS	DESTIA	FINLAND	Construction	Colas has successfully finalized the acquisition of 100% of the shares of the target entity from a Finnish family investment firm, following definitive regulatory approvals. This transaction marks a structural entry into the Northern European market, a region characterized by resilient public spending and high demand for specialized infrastructure maintenance
10/2021	MONTEFIORE INVESTMENT	NGE	FRANCE	Construction	The investment organization has successfully finalized a strategic minority acquisition in the share capital of the target, acquiring a significant interest alongside the founding management and employees

REFERENCES

Revenue range: 750M - 1.3b EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GCC by BNP PARIBAS DEVELOPPEMENT / BPIFRANCE / BTP CAPITAL / ESFIN PARTICIPATIONS 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).

Target: gcc

Acquirer: btp capital / bnp paribas developpement / bpifrance / esfin participations