Telstar, a leading French provider of pumping solutions, has acquired France Rabattement to enhance its service offerings and strengthen its market position, backed by Trocadero Capital Partners' investment.

Information on the Target

Founded in 1963 and based in Trappes, France, Telstar is a leading provider of pumping solutions with a revenue of €35 million in 2021. The company specializes in the rental, sale, installation, and maintenance of pumping systems catering to municipalities, construction, industrial sectors, and civil safety. With a dedicated workforce of 130 employees and a network of eight agencies across France, Telstar markets and distributes a comprehensive range of lifting pumps and water treatment systems, available for both rental and purchase.

In 1995, Telstar was acquired by the Gille family, which spearheaded its growth for over two decades. Since 2017, the company has been under the leadership of its current CEO, Karine Cottet, who has been pivotal in driving significant growth during the past two fiscal years.

Industry Overview in France

The pumping solutions market in France is characterized by a diverse demand across various sectors, including construction, municipal services, and environmental management. As infrastructure projects conti

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Telstar

invested in

France Rabattement

in 2020

in a Buyout deal

Disclosed details

Transaction Size: $21M

Revenue: $16M

Enterprise Value: $15M


Multiples

EV/Revenue: 0.9x

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