AXA Private Equity To Buy 30% of FranEnergies Group

AXA Private Equity said Wednesday that it is taking a 30% stake in FrancEnergies Group, a French energy solutions specialist.


AXA Private Equity, the leading diversified private equity firm, today announced today that is taking a 30% stake in FrancEnergies Group, the French energy solutions specialist.
AXA Private Equity will work alongside the company’s founders to help support the ongoing development of the Group, which has seen significant growth since inception in 2001. The Group’s key objective is to further cement its presence across France.
FrancEnergies Group, based in the Rhône-Alpes region, is a major player in the renewable energy field and provides advice and assistance through its network of shops and branches to private individuals, professionals and local government on energy projects ranging from photovoltaic to heat pumps.
Alexis Saada, Director at AXA Private Equity, said: “We are delighted to be working with the management team in this period of continued growth and will give them the committed support that embodies AXA Private Equity’s reputation. The founders’ strategy for the business matches our investment approach perfectly. The combination of a means to combine renewable energy with ways to save money offers strong prospects for long-term value creation.”
Arnaud Courtois and Denis Gourjux, co-founders and managers at FrancEnergies Group, added: “We have been looking for a partner who shares our approach to the current challenges in energy control and sufficiency. We decided to team up with AXA Private Equity because of its considerable experience of working with entrepreneurs.
“Thanks to AXA Private Equity’s investment, we are now well placed to roll out our business model based on our proximity to our clients and our ability to offer large scale high-performance energy solutions. We are determined to create a strong brand in our sector.”

AXA Private Equity is a global leader in private equity with $25 billion of assets under management or advice in Europe, North America and Asia. The company offers its investors the full spectrum of asset classes through a wide choice of funds: funds of funds (primary, early secondary and secondary); direct funds, including infrastructure financing, mid-cap and small-cap LBOs, venture capital and co-investments; and mezzanine financing.
With offices in Paris, Frankfurt, New York, Singapore, Milan, London, Zurich and Vienna, AXA Private Equity supports the long-term growth of companies by giving them access to its international network. AXA Private Equity is proud to provide its investors with regular, high-quality reports on the performance of its funds and those of its portfolio companies.
AXA Private Equity, Global Investments the European way

FranceEnergies Group is a major player in renewable energy and provides advice and assistance to private individuals, professionals and local government on energy projects. From photovoltaic to heat pumps by way of geothermal and insulation, FrancEnergies Group offers a full range of client-focused solutions.

AXA Private Equity, investor:                          Alexis Saada, Antoine Lacour
Legal advisor to the investor:                          Alexandre Duguay, Weil Gotshal & Manges
Due diligence advisor to the investor:         Didier Amphoux, Fiduciaire Leydet

Legal advisor to the company:                        Christine Bertolo
Financial advisor to the company:                 Patrick Vignaud, Hadrien Mollard, Aelios Finance