Announced
Financials
Tags
Electronic Equipment: Other
Pending
Private Equity
Private
energy equipment
Minority
Acquisition
Domestic
Friendly
France
Synopsis
Private equity firms Alliance Entreprendre, Societe Generale Capital Partenaires and Geneo Capital Entrepreneur agreed to invest in Delta Service Location, a provider of pumping and temporary energy equipment. Financial terms were not disclosed. “We are delighted to be supporting Xavier Denis and his team in the coming years. Xavier Denis has managed the company and its development over the past three years with great success. This operation takes place in an unprecedented health context, in which the group has demonstrated a great capacity for resilience. We are convinced that the merger with ERF and the perception of environmental issues and model changes anticipated by Xavier Denis will allow Delta Services Location to amplify its development while consolidating its leadership," Cédric Camy-Debat, Société Générale Capital Partenaires Director.
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