Latour Capital buys four Veolia subsidiaries

Latour was founded in 2011 and manages a FCPR vehicle focusing on corporate spinouts as well as buyouts in growing sectors, including digital media and energy. Alain Madelin, one of Latour's founders, is a former French finance minister.

Debt
Information on leverage for this transaction remains confidential.

Company
Proxiserve, formerly trading under the name Veolia Habitat Services, specialises in providing energy-related services to consumers. Prochalor, Semcra and Thorp specialise in heating equipment. The combined group will post revenues of €300m in 2011, with a €15m EBITDA.

People
Cédric Bannel, Philippe Leoni and Alain Madelin led the deal for Latour.

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• Topics
• France
• Buyouts
• Consumer
• France