Sale of a majority stake of Eurofeu to IK Partners, with management team and Capza both reinvesting in the transaction
FR
Sycomore Corporate Finance acted as exclusive financial advisor to Eurofeu and its Management team
Details
On February 13th, 2023, IK Partners announced that it has entered into exclusive negotiations to invest in Eurofeu Group, a leading player in the French fire protection market. IK Partners is acquiring a majority stake from Capza and the management team, who will both be reinvesting.
Eurofeu at a glance
Founded in 1972 in Senonches (Eure-et-Loir, France), Eurofeu installs and maintains fire protection equipment, as well as fire protection systems, mainly addressing B2B clients. The Group also produces and distributes fire extinguishers and other fire safety equipment to smaller independent players.
Eurofeu employs 1,850 people across its two production sites and its national network of 42 agencies.
The Eurofeu group serves nearly 160,000 B2B customers and maintains an installed base of 4.2 million fire safety devices.