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10/2021

NGE acquired by MONTEFIORE INVESTMENT

FRANCE Construction / Public Works REV 1b - 3b EUR

Context

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. This transaction represents a pivotal milestone in the group’s lifecycle, facilitating the exit of a long-term institutional partner after a decade of capital support. The strategic rationale for the move centers on the acquirer’s objective to support the target’s sustained organic expansion and its ambitious multi-technical infrastructure strategy across international markets. By incorporating a specialized service-sector investor, the organization reinforces its ability to seize large-scale growth opportunities and strengthen its commitment to complex environmental and social governance initiatives. The partnership is designed to maintain the group’s unique independence through a robust employee-ownership model, which remains a primary pillar of its operational stability. This integration facilitates the scaling of technical operational depth in critical areas such as high-speed rail, fiber optics, and sustainable concessions. The move solidifies the group’s standing as a primary enabler of structural modernization in the global construction landscape, providing the financial depth required to compete at the highest tier of the infrastructure market.

NGE, which reported an EBITDA margin of LOGIN in 2021, 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

NGE is a specialized technology and infrastructure organization operating as an integrated player in the global construction and public works sector. The entity’s business model is built on a multidisciplinary framework that coordinates various technical expertises, ranging from heavy civil engineering and underground works to fiber optic networks and transport concessions. Its value proposition is anchored in a technical operational depth that allows for the management of large-scale, complex infrastructure projects with a high degree of technical autonomy. Strategically, the firm focuses on the internationalization of its expertise and the diversification into high-growth digital infrastructure and sustainable mobility projects. By maintaining a decentralized organizational structure and a strong commitment to employee ownership, the organization ensures a mission-critical role in the structural modernization of transport and communication networks. The entity prioritizes industrialized efficiency and environmental engineering to address the evolving requirements of sovereign and private master builders.

Ent. Value

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Equity Value

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Multiples

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
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2021
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2020
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REFERENCES

Revenue range: 1b - 3b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NGE by MONTEFIORE INVESTMENT 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: nge

Acquirer: montefiore investment