Moncey Avocats is advising Apax Partners in the acquisition of a majority stake in CEME

 

Moncey Avocats is advising Apax Partners in the acquisition of a majority stake in CEME Group, alongside Société Générale Capital Partenaires and BNP Paribas Développement, both long-standing investors who are renewing their commitment with this acquisition.

Founded in 1949 in Moulins (Central France), CEME Group is a proven leader in electrical and HVAC engineering and maintenance, with operations focused on energy optimisation processes for industrial, tertiary and residential buildings, mainly for private clients.

CEME Group has 700 employees across a network of 22 agencies and branches in France. With revenue of €125m, 1,600 projects completed in 2021 and more than 800 clients, the Group is a leading national and independent energy player.

With the backing of Apax Partners, Société Générale Capital Partenaires and BNP Paribas Développement, the company aims to continue its organic growth and step up its acquisitions strategy to support its regional development and complementary expertise (maintenance, automation, data wiring, energy efficiency and renewable energies).

Completion of the transaction remains subject to approval by the competition authorities.

 

A team of Moncey Avocats advised Apax Partners comprising of :

  • Guillaume Giuliani and Marie-Victoire James, parters, Eléonore Coquerel, Alix Auclair and Bonnie Brenier, associates in corporate.
  • David Malamed, partner, Jonathan Devillard and David Maréchal, associates in finance.
  • Frédéric Bosc, partner, Mathilde Cotillon, associate in tax structuring.
  • Anastasia Fleury, counsel in employment law for the due diligence process.