GROUPE CAP VERT acquired by AMBIENTA
Context
Ambienta has acquired a majority stake (~60%) in Groupe Cap Vert, taking over control from the family office Evolem. This transaction was executed off-market following a pre-emptive approach by Ambienta, interrupting Evolem's ownership after only 18 months. During this short holding period, the group successfully completed nine build-up acquisitions, significantly expanding its geographical footprint into the South-West and Loire Valley regions of France. Ambienta intends to support the management's continued consolidation strategy to create a national champion in urban green space management.
It is worth noting that the fund Calcium Capital took control of Groupe Cap Vert through an LBO in 2015.
GROUPE CAP VERT, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Business Services sector (11.4x).
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Target
Cap Vert is a French group specializing in the management of tree and vegetation assets, as well as technical services related to green spaces and infrastructure. The company's offering is built around several complementary business lines, including urban and peri-urban tree pruning, vegetation management near critical infrastructure such as rail, electrical, and highway networks, ecological engineering, landscape design and maintenance, and irrigation and fountain systems. Cap Vert supports a client base comprising local authorities, infrastructure managers, and private companies through recurring contracts focused on the management, maintenance, and preservation of vegetated areas. With a network of numerous agencies covering the French territory, the group can intervene locally while mobilizing specialized expertise at a national level. Cap Vert's business model is based on a multi-specialist organization that combines niche technical expertise with a strategy of integrating regional companies. The group also develops innovative environmental management solutions, such as digital mapping of tree assets, radar-based root inspection, and the use of drones for certain technical interventions.
Ent. Value
€100–350M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with GROUPE CAP VERT
Other operations with GROUPE CAP VERT
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2026 | GIMV | GROUPE CAP VERT | FRANCE | Landscaping |
| 03/2015 | CALCIUM CAPITAL | GROUPE CAP VERT | FRANCE | Landscaping |
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REFERENCES
Valuation range: EV €100–350M
Revenue range: €50–100M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 10x - 18x
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: groupe cap vert
Acquirer: ambienta