Edmond de Rothschild Equity Strategies IV has signed an agreement to acquire a majority stake in M-Energies, enhancing its position in the energy services sector as it aims for growth and sustainability.

Target Information

Edmond de Rothschild Equity Strategies IV SLP ("ERES IV") has agreed to acquire a majority stake in M-Energies from its founding shareholders: Dominique Massonneau, Turenne Emergence, Bpifrance, and Euro Capital. The transaction signifies M-Energies' continued commitment to growth, with management and employees, alongside Bpifrance and founder Dominique Massonneau, reinvesting in the business.

Founded in 2009 by Dominique Massonneau, M-Energies has garnered a reputation as a leading independent provider of energy services, primarily serving B2B customers. The company's organizational structure and culture are tailored to foster employee engagement, emphasizing technical expertise and a customer-centric ethos. M-Energies specializes in the installation, maintenance, and renovation of heating and cooling systems (HVAC), with remarkable growth driven by both organic expansion and acquisitions, totaling nearly 40 since inception.

Industry Overview in France

The HVAC industry in France is undergoing substantial transformation, fueled by an increasing focus on energy efficiency and sustainability. Growing regulatory pressures and a nationwide objective to reduce carbon emissions are compelli