Announced
Completed
Financials
Tags
Acquisition
Friendly
Domestic
Private Equity
Completed
waterproofing
France
Private
Building Roofing/Wallboard and Plumbing
Majority
Single Bidder
Synopsis
Hivest Capital, a private equity firm, completed the acquisition of FACE, a company specializing in the design and installation of waterproofing, roofing, and cladding solutions. Financial terms were not disclosed. “We are impressed by the group that Yves and Frédéric Torres, with the management team, have built over the years. FACE SA is a growing company that has become an industry leader with an excellent reputation. We are pleased and honored to partner with Frédéric Torres and the management team to write this new page in the group’s history together," Axel Bonnassies, Hivest Capital Managing Partner.
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