OBO of Groupe Ocellis with Turenne Capital
The Ocellis Group opens its capital to its Managers and to Turenne Groupe
The investment bank Largillière Finance has advised the founder of Ocellis Group, a leading player in the development and HVAC of tertiary spaces in France, in the opening of its capital to its managers and the private equity fund Turenne Emergence, a growth LBO fund specialized in B2B Services and Digital of Turenne Groupe, one of the leaders in French private equity (AUM: €1.4 billion).
Founded in 1999 by Christophe Pinot, the Ocellis Group is a specialist in the design and renovation of tertiary spaces as well as in the installation and maintenance of air conditioning and heating systems. Supporting a clientele of owners as well as users, the group is experiencing a regular and sustained growth of its activities. In 2021, it will achieve a turnover of about 36 M€ (in growth of + 18%).
The efficient process led by Largillière Finance has allowed to set the best conditions for all parties involved in this primary LBO transaction and to identify the ideal candidate to support the Group’s growth.
On the occasion of this transaction, Christophe Pinot remains the majority shareholder of the Ocellis Group and joins its main managers – Romuald Alves Cunha, Grégory Chappuis and Tony Bernardo, as well as Turenne Groupe, via its Turenne Emergence fund. The bank financing was arranged by CM-CIC and Arkéa Banque Entreprises et Institutionnels.
2022
Largillière Finance Experts
- Shamir Razavhoussen
- Florian Leginy
Counterpart
I am very pleased with this transaction, which allows the Ocellis Group to give itself great development prospects by associating its talents and Turenne Emergence. Largillière Finance has been a great partner for the realization of this transaction. Its expert teams accompanied us from the identification of our needs to the implementation and execution of each step of the process.
Christophe Pinot
CEO and Founder of Ocellis Group
We are delighted to join the Ocellis Group teams. We were very quickly in phase with the spirit and the development project led by Christophe Pinot. The group has serious assets to impose itself in a market in sustained growth. Largillière Finance conducted a very smooth process. I would like to thank its teams for their expertise and involvement in the success of this operation.
Stéphane Saudo
Partner at Turenne Emergence
We are particularly proud to be the M&A advisor of the Ocellis Group and its CEO Christophe Pinot. We would like to thank our client for its confidence and all the actors involved in the successful completion of this transaction. This transaction will allow the group to benefit from the support and backing of a leading investment fund in its development. It is typical of what we like to do: bring new perspectives to our clients.
Shamir Razavhoussen
Managing Partner at Largillière Finance
Largillière Finance, the independent M&A advisor for growth companies
As an independent specialist in mid-cap transactions, Largillière Finance advises executives and shareholders on their capital transactions, including disposals, acquisitions, LBOs, financing solutions (equity and/or debt), financial engineering (valuation, etc.) and financial strategy advisory.
With more than 45 investment bankers and professionals, a strong presence in Paris, across the French regions (Bordeaux, Lyon, Nantes) and internationally, Largillière Finance has completed nearly 400 transactions and established itself as a leading market player.
Largillière Finance is a member of REACH Cross-Border M&A, a global M&A advisory network specialized in the mid-market segment, bringing together more than 400 investment bankers across major financial centers in over 30 countries.
