FRANCE - Barclays Private Equity takes minority stake in scaffolding business

Société Générale underwrote the senior debt package, while Capzanine provided mezzanine. Aforge Finance ran the auction.

TCR Capital had backed the company's first buyout in 2002, by taking a 52% stake. The deal was originally estimated at around EUR 60m. A EUR 20m recap took place in May 2005.

Established in 1935, the company employs around 400 staff.

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