Proxiserve's management has acquired a majority stake in the company from Latour Capital, reinforcing their strategic direction and future growth potential.

Information on the Target

Proxiserve is a France-based company specializing in technical service solutions for the maintenance of heating and water distribution systems. Founded with a focus on providing high-quality servicing, Proxiserve has successfully established a notable presence in the market, catering to a diverse client base. As of 2015, the company reported impressive revenues of €346 million and maintained a workforce of approximately 3,200 employees, effectively managing a network of 25,000 clients.

Industry Overview in France

France's maintenance and technical services sector, particularly in the context of heating and water distribution systems, is characterized by its steady demand stemming from both residential and commercial markets. This sector has benefited from a growing emphasis on energy efficiency and the maintenance of infrastructure, prompted by environmental regulations and the need for sustainable solutions. As such, companies like Proxiserve are positioned to take advantage of these trends.

The French market is increasingly adopting innovative technologies and solutions that improve service delivery and operational efficiency, resulting in an evolution of s