Supported by Trocadero Capital Partners since 2020, Telstar (€35 million turnover in 2021, Île-de-France / FRA), a company that provides rental, sale, installation and maintenance services for pumping systems for communities, the construction, industry and civil security sectors, acquires France Rabattement (€15 million turnover in 2021, Île-de-France / FRA), a specialist in groundwater lowering.

This operation was financed by a new senior debt of around twenty million euros. The acquisition allows Telstar to complete its offer by including solutions for pumping sandy soils Founded in 1963, employing 130 people and based in Trappes, Telstar is the French leader in pumping solutions. The group markets and distributes lifting pumps and water treatment systems throughout France through a network of eight agencies. Pumps are available for rental or purchase.

 

The company was acquired in 1995 by the Gille family, which ensured its development for more than twenty years.

In 2017, Karine Cottet, current CEO, took over the reins of the company and is behind the strong growth of the last two years.

 

Find out more about Telstar: www.telstar.fr

 

About Trocadero Capital Partners Trocadero

Capital Partners is an independent management company, approved by the AMF. Its investment team has long been recognized as a key player in the private equity segment, for French and European companies with a value of between €10m and €100m.

TCP is distinguished by its entrepreneurial culture, strong responsiveness linked to a short decision-making circuit and involvement in the creation of value for the companies it supports.

 

More information on www.trocaderocp.com

 

 

4
October
2022