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M&A

M-ENERGIES

Acquired by

TURENNE CAPITAL

FRANCE Facility Management EV [1m EUR - 100m EUR] 10/2025

Target

M-ENERGIES

Acquirer

TURENNE CAPITAL

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 discount to the 11.1x average currently observed in the Business Services sector.

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

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

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
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2023
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Other operations with M-ENERGIES

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.