Exterimmo, backed by the RiverRock Brownfield Infrastructure Funds, has acquired Aquadié and Forme d’O, enhancing its portfolio of public-private partnership aquatic centers in France.

Information on the Target

Exterimmo, a subsidiary of the RiverRock Brownfield Infrastructure Funds (RBIF), has successfully acquired Aquadié and Forme d’O, two entities engaged in Public-Private Partnerships (PPP) in France that oversee aquatic centers. This strategic acquisition involves securing 60% ownership of Aquadié and full ownership of Forme d’O, both of which possess long-term PPP contracts tied to the Aquanova America and Forme d’O aquatic centers located in Saint-Dié-des-Vosges and Châtel, respectively. Operational since 2014, these centers have collectively welcomed over 320,000 visitors in 2023.

Industry Overview in France

The aquatic center sector in France operates within a framework of public-private partnerships that facilitate the development and management of infrastructure projects. These partnerships are critical as they promote the efficient allocation of resources, streamline operational processes, and ensure the sustainability of community services. France has seen an increasing trend toward such collaborations, driven by both the need for updated public facilities and the demand for accessible community leisure options.

Furthermore, the government supports functional partnerships aimed at enhancing public service delivery while minimizing taxpayer burdens. Additionally, the ongoing focus on public health and wellness has amplified the significance of recreat