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.
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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