Eight Advisory supported IK Partners on its investment in Eurofeu Group
The Eight Advisory team provided financial due diligence services to IK Partners in the context of the LBO on Eurofeu. IK Partners is acquiring a majority stake from CAPZA and the management team.
Eurofeu was founded in 1972 in Senonches (Eure-et-Loir, France) and is a leading player in the French fire protection market, with 1,850 employees, based across 42 agencies and two manufacturing sites.
With the support of IK Partners, Eurofeu intends to leverage its network, its sales force and the IT tools at its disposal to drive growth. In addition, the group plans to expand into other European regions and drive consolidation.
IK Partners is acquiring a majority stake from CAPZA and the management team, who will both be reinvesting. Financial terms of the transaction are not disclosed.
“We are delighted to have supported Eurofeu in this strategic transaction. This acquisition marks the beginning of a new era for the company and we are convinced that it will contribute to its growth on an European level”, says Katia Wagner.
Eight Advisory team members supporting on this transaction:
Financial Due diligence:
- Katia Wagner, Partner
- Bertrand Chambrun, Senior Manager
