Weinberg carves out ISS Hygiene et Prevention

The deal represents the third transaction through the WCP#3 fund, which backed Besson Chaussures and Realease Capital last year. The vehicle, which closed on €295m in 2018, aims to invest in 10 French companies valued in the €50-200m range with a focus on B2B and B2C distribution, business support services and healthcare.

ISS initiated exclusive talks to sell ISS H&P to French industrial service Ortec Group last year, according to a statement published in July 2018. However, the deal fell through, according to a report by French publication Capital Finance published in July.

ISS H&P was a subsidiary of ISS Group since 2002.

Company
Founded in 1965 and based in Paris, ISS H&P offers hygiene and pest prevention services, air hygiene, sewerage and fire protection for companies and local communities.

ISS H&P employs 1,500 people and relies on a network of 42 agencies. The business achieved a turnover of €118m in 2018.

People
Weinberg Capital Partners – Philippe Klocanas (partner).  

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

• Topics
• Buyouts
• France
• Industrials
• France
• Weinberg Capital Partners