Omnes’s Eratome bolts on TPM

Omnes is believed to have provided additional financing to the company for the bolt-on.

The acquisition boosts Eratome's revenues for 2014 to around €40m. The company is aiming to achieve turnover of €150m by 2018.

Previous investment
Omnes acquired Eratome from CM-CIC Capital Privé in July 2013, supplying €15m in equity. BPI France (then FSI Régions) also participated in the deal.

Mezzanine was provided by IFE Mezzanine while the senior debt lenders comprised CIC, Banque Palatine, Banque Populaire Rives de Paris and Caisse d'Epargne et de Prévoyance Ile de France.

CM-CIC had acquired Eratome in a management buyout in 2008.

Company
Gonesse-headquartered TPM is a specialist in exterior repair and maintenance work such as street maintenance, landscaped areas, masonry and exterior lighting.

The acquisition of TPM by Eratome is part of the latter group's strategy to broaden its offerings for social housing landlords in the Ile-de-France region. TPM's services are often used as part of urban redevelopment projects.

The company generated revenues of around €14m in 2014.

People
Jean-Michel Nucera is the chairman and founder of Eratome. Benjamin Arm, head of buyout and growth capital at Omnes, and mid-cap buyout and growth capital associate Alice Calvez-Pignot worked on the deal.

Advisers
Company (Eratome) – LSA, Franck Raducanou (Financial due diligence); Fieldfisher, Philippe Netto, Cécile Airault (Legal).

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• Omnes Capital
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