At what enterprise value was M-ENERGIES acquired in 2025?

During the acquisition of M-ENERGIES by TURENNE CAPITAL 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 50M - 150M 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 M-ENERGIES when it was acquired by TURENNE CAPITAL?

The estimated EV/EBITDA multiple for M-ENERGIES is in the range of 5x - 12x. 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 M-ENERGIES acquired by TURENNE CAPITAL?

M-ENERGIES was acquired by TURENNE CAPITAL in 2025.

What was the revenue of M-ENERGIES at the time of the deal?

The revenue of M-ENERGIES at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of M-ENERGIES during the acquisition?

M-ENERGIES's EBITDA is estimated to be in the range of 5M - 25M 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 M-ENERGIES 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 M-ENERGIES 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.cfnews.net/L-actualite/LBO/Operations/MBO/M-Energies-entretient-un-LBO-bis-543555

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Home Database Business ServicesM-ENERGIES

10/2025

M-ENERGIES acquired by TURENNE CAPITAL

FRANCE Facility Management / Maintenance / HVAC EV 50M - 150M EUR

Context

Turenne Capital and Euro Capital acquired a majority stake in M-ENERGIES from its historical shareholders, including the founder's family and previous financial backers. The deal is structured to provide the group with the financial resources to accelerate its "Buy-and-Build" strategy in a fragmented market. The management team reinvested significantly in the operation to remain aligned with the new sponsors.

M-ENERGIES, which reported an EBITDA margin of LOGIN in 2024, 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.

-> Deep-dive in Business Services market trends

Target

M-ENERGIES is a leading French specialist in the maintenance, repair, and installation of heating, ventilation, and air conditioning (HVAC) systems. Serving both individual homeowners and collective housing (social landlords, co-ownerships), the group operates a network of over 30 branches across Eastern France, the Paris region, and Luxembourg. It manages over 120,000 maintenance contracts and is increasingly focused on energy-efficient solutions like heat pumps and biomass boilers.

Ent. Value

Equity Value

Multiples

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EV / EBITDA

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Historical Financials (EUR)

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2024

2023

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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 M-ENERGIES by TURENNE CAPITAL 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: m-energies

Acquirer: turenne capital