Perfectis exits Piscines Magiline in SBO

The new pool of investors is led by UI Gestion, which secured around 50% of Perfectis's stake, alongside BPI France, Esfin Gestion and BTB Capital Investissement. According to a source close to the deal, the pool of investors also committed an extra €2m to the company.

Perfectis had been the company's majority shareholder since 2007, having acquired a 70% stake in the business in a BIMBO. UI Gestion had also been involved in this transaction as a minority shareholder, securing a stake of less than 10% via its FCPI CapEst and IRPAC Developpement funds.

Herve Petillaud, who holds shares in the the company and has been Magiline's president for the past three years, will remain in his current position.

The transaction is expected to allow Piscine Magiline to develop on a technological level and strengthen its position on the European and Asian markets.

Company
Established in 1994, Piscines Magiline designs, manufactures and maintains swimming pools for private and business clients.

The company aims to exceed a €30m turnover within the next five years, having most recently generated around €20m of revenues. It currently has 150 distributing partners worldwide selling its products in 26 countries. The company employs 100 staff.

People
UI Gestion – Fabien Petillaud (associate director).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• France
• Industrials
• Exits
• France
• Perfectis Private Equity
• Secondary buyout