PE Deals

21 Centrale Buying Prezioso Technilor

-

21 Centrale Partners has agreed to buy Prezioso Technilor from Indigo Capital for an undisclosed amount. Prezioso Technilor is a French provider of surface coatings for industrial applications.

 

PRESS RELEASE

21 Centrale Partners and Indigo Capital have reached an exclusivity agreement for the acquisition of Prezioso Technilor through an investment vehicle managed by 21 Centrale Partners, alongside the Group’s management team.

 

Prezioso Technilor is the French leader and one of the major European players in surface coating for industrial applications. The Group offers a wide range of integrated and high-added-value services including anti-corrosion coating, heat and cold insulation coating and passive fire protection. Present in over 10 countries, Prezioso Technilor enjoys a large client base, mainly in the energy sector, and has steadily increased its turnover to over EUR 200 million. For additional information: www.prezioso.fr.

 

The transaction should be completed in the next few months as it is currently subject to certain suspensive conditions, among which a granted approval from the relevant Financial Authorities as regards anti-trust rules.

 

 

About 21 Centrale Partners

21 Centrale Partners is a private equity firm specialised in growth LBOs, which invests primarily in International mid-market companies based in France. 21 Centrale Partners, part of the 21 Group led by Alessandro Benetton and Gérard Pluvinet, which manages above Euro 1 billion of assets, has just launched its 4th Private Equity Fund. For additional information: www.21centralepartners.com

 

A propos d’Indigo Capital

Indigo Capital is a leading provider of mezzanine and junior capital to privately-owned mid-market European businesses.  With offices in both London and Paris, Indigo focuses principally on investing in management buyouts across Europe, with an emphasis on tailored solutions.  Indigo is currently investing its fifth investment fund with capital resources of Euro 550 million. Pour plus d’informations : www.indigo-capital.com