At what enterprise value was GROUPE CLIMATER acquired in 2025?

During the acquisition of GROUPE CLIMATER by ICG in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GROUPE CLIMATER when it was acquired by ICG?

The estimated EV/EBITDA multiple for GROUPE CLIMATER is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was GROUPE CLIMATER acquired by ICG?

GROUPE CLIMATER was acquired by ICG in 2025.

What was the revenue of GROUPE CLIMATER at the time of the deal?

The revenue of GROUPE CLIMATER at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GROUPE CLIMATER during the acquisition?

GROUPE CLIMATER's EBITDA is estimated to be in the range of 50M - 100M 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 GROUPE CLIMATER 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 GROUPE CLIMATER 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://capitalfinance.lesechos.fr/deals/lbo/icg-et-krefeld-semparent-de-climater-pour-750-meur-2148142

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Home Database Business ServicesGROUPE CLIMATER

02/2025

GROUPE CLIMATER acquired by ICG

FRANCE Facility Management / Maintenance / HVAC EV 500M - 1.5b EUR

Context

ICG acquired a majority stake in Groupe Climater, facilitating the exit of previous financial sponsors (including Credit Agricole Regions Investissement and others). The deal was structured to support the group's "LBO 4" phase, focusing on accelerating national coverage and expanding service offerings in energy renovation. The management team, which has led the group through several successful LBO cycles, remains significantly invested.

Cobepa had previously taken control of the company during an LBO in 2021.

GROUPE CLIMATER, which reported an EBITDA margin of LOGIN in 2027, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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.

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Target

Founded in 1989, Groupe Climater is a leading French independent specialist in climate engineering and HVAC services. The group operates across the entire value chain: design, installation, and recurring maintenance of thermal, ventilation, and air conditioning systems. It primarily serves the tertiary (offices), healthcare, and Corporate sectors through a decentralized network of over 40 specialized regional agencies.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

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2027

2026

Other operations with GROUPE CLIMATER

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
11/2021	COBEPA	GROUPE CLIMATER	FRANCE	Facility Management	Cobepa acquired a majority stake in Groupe Climater from Sagard. The deal marks the start of a new growth cycle focused on geographical expansion and energy transition services. The management team and historical founders retained a significant minority stake to maintain the group's entrepreneurial culture.

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE CLIMATER by ICG 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: groupe climater

Acquirer: icg