Hivest Capital Partners has entered exclusive negotiations to acquire Agora Technologies, the French leader in public lighting solutions, aiming to enhance its growth and innovation in smart city technologies.

Target Information

Agora Technologies, a family-owned enterprise founded in 1837, is recognized as the leading French company in the design, production, and sale of public lighting products. The Group emerged from the merger of Eclatec and GHM in 2005 and serves municipalities across France and Europe with innovative public lighting and street furniture solutions. Agora Technologies has played a significant role in illuminating several historical Parisian landmarks, including the decorations of the Alexandre III bridge, the Wallace fountains, the streetlights along the Avenue des Champs-Elysées, and the Guimard metro entrances.

Headquartered in Sommevoire (Haute-Marne), Agora Technologies boasts 16 commercial agencies and 4 production facilities across France, employing approximately 600 individuals dedicated to enhancing urban aesthetics and improving energy efficiency. The Group’s expertise is firmly rooted in innovation, enabling it to become a central player in the urban transformation, particularly in the shift towards LED lighting and the development of smart city solutions.

Industry Overview

The public lighting and urban furnishings industry in France is undergoing a transformation driven by technological advancements and sustainability goals. The increasing focus on energy efficiency and smart urban solutions aligns with g