POWER SOLUTIONS acquired by DYCOM INDUSTRIES

The management team of Snic Technologies organized a tertiary LBO (LBO ter) to regain majority control of the group, facilitating the exit of the previous majority sponsor, Innovafonds. The transaction is backed by a debt package of around EUR100 million, refinanced in mid-2025

Fletcher Building has entered into an agreement to divest its Fletcher Construction division to international group VINCI, as part of a strategic restructuring initiative aimed at refocusing the company on its core building materials manufacturing and distribution operations

Siparex Entrepreneurs, supported by Bpifrance, acquired a majority stake in Brifer as part of a primary Management Buy-Out (MBO). The transaction allows the founding family to step back from majority control while retaining a minority stake to ensure a smooth transition

VINCI has entered into an agreement to acquire FM Conway, a leading UK-based infrastructure and public works company, as part of a strategic expansion of its operations in the United Kingdom. The transaction encompasses all of FM Conway's activities and aims to integrate the company into VINCI's existing operational platforms in the country

Electrical engineering specialist Groupe Fauché has successfully completed the acquisition of Sylpa, an Île-de-France-based peer, following a highly competitive, industrials-only auction process advised by Investec

Ardian, the majority shareholder in Syclef since 2020, has orchestrated a GP-led secondary transaction to continue its investment in the company. This deal was structured through a single-asset continuation fund, Ardian Expansion Syclef Continuation Fund, allowing Ardian to retain control while providing a liquidity event for the limited partners of its predecessor fund, Ardian Expansion V

Groupe GUINIER 1823, a historic French specialist in energy transition and smart building solutions, has announced a strategic investment from Waterland Private Equity. Led by Andrea Paoletti, who has presided over the group since 2008, the company generates over �80 million in annual revenue

The acquisition of the target by the group marks a definitive structural expansion into the high-performance commercial arena, continuing a multi-year strategy to diversify beyond core steel production

Strengthening its presence in the renewable energy sector, SPIE has finalized an agreement to acquire a majority stake in MBG energy to reinforce its technical capabilities in the rapidly expanding photovoltaic market

Spie batignolles has successfully finalized the acquisition of a controlling block in CIFE / Groupe ETPO, followed by a simplified tender offer to acquire the remaining share capital. This strategic transaction is designed to establish a new specialized autonomous branch within the group, significantly broadening its service offering in maritime, fluvial, and underwater engineering (segments where the acquirer was historically less active)