Cary Group has agreed to acquire a 51% stake in French VGRR specialist 123 Pare-Brise, enhancing its market presence and strategic foothold in the French vehicle glass repair and replacement sector.
Target Information
On January 9th, 2025, Cary Group, the leading European provider in vehicle glass repair and replacement (VGRR) services, announced its intention to acquire a 51% stake in 123 Pare-Brise, a prominent independent VGRR specialist in France. Established in 2020, 123 Pare-Brise operates a robust network of 129 owned workshops spread across the country, making it a formidable player in the French market.
With headquarters located in Marquette-lez-Lille and Bourgoin-Jallieu, 123 Pare-Brise has demonstrated significant growth potential, boasting impressive total sales of approximately €100 million and a workforce of nearly 900 employees. This acquisition marks a strategic opportunity for Cary Group to penetrate the French VGRR market, which is characterized by considerable size and potential for expansion.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The vehicle glass repair and replacement industry in France is thriving, supported by a growing number of vehicles on the road and increasing consumer demand for quality repair services. The industry is classified as highly fragment
Similar Deals
Cary Group
invested in
123 Pare-Brise
in 2025
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $107M