Emertec and CDC Climat in €3m round for HPC-SA
Emertec and CDC Climat have invested €3m in French energy measurement software developer HPC-SA.
Emertec invested via the Emertec 4 vehicle, a 2008 vintage that closed on €60m. CDC Climat is a subsidiary of public agency Caisse des Dépôts focusing on cleantech investments. The round was evenly split between the two investors.
Company
Founded in 2009, HPC-SA develops the ArchiWizard software, which allows architects and construction professionals to map a building's energy consumption from the initial drawing stage onwards.
The Toulouse-based company posted a €131,700 EBITDA on revenues of €610,600 in 2011.
People
Jean-Philippe Gendre led the deal for Emertec. CDC Climat was represented by Alexandre Ossola and Cyril Gilot.
Advisers
Equity – Bichot et Associés, Mathieu Odet, Aurélie Thomas-Magnin (Legal); PKF, Guy Castinel (Financial due diligence); Cambashi, Tony Christian, Mike Evans (Commercial due diligence).
Company – R Green, Nicolas Rochon, Adrien Boyer (Corporate finance); Cabinet Carrieu, Philippe Carrieu (Financial due diligence); Cabinet Rivière, Laëtitia Villain (Legal).
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