Clearwater International France advises Groupe LT’s shareholders on the disposal of the group to MBO Partenaires
MBO Partenaires, alongside two co-investors, Amundi PEF and Arkéa Capital, have acquired Groupe LT from the founders – Jean-Claude Bel and Didier Brunelin – as well as the minority financial partners, BNP Paribas Développement, Société Générale Capital Partenaires and Ouest Croissance, which took an equity stake in 2015.
Founded in 2000 and operating in Aquitaine, Ile-de-France and Champagne-Ardenne, Groupe LT specialises in rental equipment for construction sites and is organised around two core fields of activity:
The leasing of trucks and construction machines with or without operators, which is the core activity of the group through its subsidiaries San Martin, STC, Chambault and Européenne de Location
The leasing of construction equipment (signalling and safety equipment, leasing of modular solutions and portable toilets) via its companies Caupamat, Delvaux and Rabotin
The company employs 350 people and generated €45m in revenues in 2017 with an EBITDA margin of more than 25%.
After a successful transition period between the historic founders and the manager, Eric Van Acker, Groupe LT now enters a new phase of development. The expansion follows growth in modular solutions activity and the strengthening of its construction equipment activities. Both offer high added-value in terms of service, especially in a global outsourcing context demonstrated by key players in the construction industry.
Adviser to BNP Paribas Développement, Société Générale Capital Partenaires, Ouest Croissance on its sale of Groupe LT to MBO Partenaires, Amundi PEF, Arkéa CapitalView more