PARQUEST CAPITAL takes majority stake in GROUPE ASERTI
Context
Parquest Capital, in partnership with the existing management team, has completed the acquisition of Groupe Aserti from Galiena Capital. Under the leadership of founder and CEO Jean-Louis Gaertner, the corporate leadership team co-invested alongside Parquest to ensure operational continuity. The transaction transfers a platform backed by 270 employees and an established infrastructure network of 27 service centers. Parquest Capital will provide the necessary capital resources to back the group's corporate growth, taking over from Galiena Capital, which supported three bolt-on acquisitions during its investment cycle. The transaction expands Parquest Capital’s footprint within the industrial services market by backing a platform serving 8,300 active customers. Headquartered in Vannes, France, Groupe Aserti provides maintenance and operational lifecycle management for electronics, measuring instruments, servomotors, and CNC machinery across France, Germany, and Switzerland. The post-closing industrial strategy focuses on expanding this 27-center network, with a primary emphasis on territorial expansion within the German market, while concurrently acquiring technical capabilities in high-value-added maintenance segments.
GROUPE ASERTI, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with 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
Groupe Aserti is a French-based operator established in 1992 that specializes in the maintenance and operational lifecycle management of industrial equipment assets. The company’s service model focuses on the calibration, preventive maintenance, and repair of electronic devices, measuring instruments, servomotors, and CNC machinery. It provides technical support to corporate clients across multiple industrial sectors, utilizing a multi-country network of service centers located throughout France, Germany, Switzerland, Morocco, and Colombia. The firm's commercial strategy centers on geographical proximity to its customer accounts to manage equipment uptime and operational flexibility. To reduce maintenance overhead for its clients, the organization implements pre-emptive servicing schedules alongside emergency repair protocols. Growth efforts are directed toward expanding its infrastructure footprint across Central Europe and adding technical capabilities within high-value segments of the industrial maintenance market.
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Historical Financials (EUR)
Other operations with GROUPE ASERTI
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 03/2026 | CHEQUERS | GROUPE ASERTI | FRANCE | Industrial Services | Chequers Capital, in partnership with management, has acquired Groupe Aserti from Parquest Capital in a fourth LBO transaction. Negotiated on a bilateral basis without an auction, the deal ensures continuity under CEO Pierre Brisset, who took over in 2020 after founder Jean-Louis Gaertner retired. Financing includes senior debt from a pool led by CIC Ouest alongside Crédit Agricole du Morbihan, Caisse d’Epargne Bretagne Pays de Loire, and Arkéa, plus mezzanine debt from CIC Private Debt. The transaction transfers a platform of over 380 employees, 28 facilities in France and Germany, and 10,000 active industrial clients. The acquisition backs a European leader in industrial electronic repair and metrology. Under Parquest, Aserti refocused on its core activities and expanded its metrology division via three bolt-ons: Multisys (2022), MI Métrologie (2024), and Precitek (2025). Chequers Capital aims to drive growth across three pillars: accelerating historical electronic repair with reconditioned products, strengthening its top-three metrology position in France, and expanding its network internationally within Germany and broader Europe. |
REFERENCES
Revenue range: 25M - 50M EUR
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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).
Press release: view release
Target: groupe aserti
Acquirer: parquest capital