INVESTMENT CAPITAL – The LFPI Group, associated with Sofina and Gigarant, announces the sale of the Uperio group to TowerBrook

The LFPI group, associated with Sofina and Gigarant, announces the sale of the Uperio group to TowerBrook

Paris & Brussels, June 7, 2021

The Uperio group, specialist in the rental, distribution and services of Tower Cranes, announces the plan to modify its shareholding structure.
The LFPI group, associated with the Belgian entities Sofina and Gigarant, alongside management, had control of the group since 2019, resulting from the merger of the Matebat groups in France and Arcomet in Belgium.
An agreement was signed last week to sell all of the shares to transatlantic investment fund TowerBrook Capital Partners.
“After several years of ownership and construction of UPPERIO, we are proud to have contributed to the development of 2 national groups, through organic growth and external growth, to make it a world leader, supplier of premium solutions and equipment for construction sites. Today, we are pleased to have reached an agreement for its sale to this new shareholder, which will allow the continued deployment of the global strategy driven by high-quality management, “said Fabien Bismuth of LFPI Gestion.
“Today we are opening a new chapter in the history of the group with this shareholder transition. The entire UPERIO team would like to thank LFPI, Sofina and Gigarant for their support in the various stages of building our business. The arrival of the TowerBrook fund in our capital allows us to aim for new ambitions, internationally and in other sectors of activity related to our basic product, the tower crane ”comments Philippe Cohet, President of Uperio .
The transaction is subject to the approval of the relevant authorities and is expected to be finalized during the summer.

Contacts :

For LFPI: Fabien Bismuth
P. +33 1 58 36 44 93
E. fabien.bismuth@lfpi.fr

Pour Uperio: Anja Wolangiewicz
T. +32 477 68 78 14
E. anja.wolangiewicz@uperio-group.com

For TowerBrook: Brunswick Group: Max McGahan / Harry McHugh
P. +44 20 7404 5959
E. towerbrookuk@brunswickgroup.com

About LFPI
The LFPI group is one of the leading independent multi-strategy asset managers in Europe with 14 billion euros of assets under management invested in private equity, private debt, real estate as well as asset management. sides and private management. Already present in Europe and North America through eight offices, the LFPI group recently acquired the Meeschaert group, which specializes in Asset Management, Private Banking and Family Office, and now has 300 employees with eight additional offices. in France.
For more information, please visit www.lfpi.fr

About Sofina
Sofina is an investment company under family management and control listed on Euronext Brussels, which manages its own assets representing approximately 9 billion euros. Sofina aspires to be the preferred partner of entrepreneurs and families by supporting their growth projects through the provision of advice and patient capital.
For more information, please visit www.sofinagroup.com

About TowerBrook Capital Partners
TowerBrook Capital Partners is an investment fund with over $ 17.4 billion in assets under management and with a strong track record of creating value for its investors. The company is headquartered in London and New York and invests mainly in American and European midcap companies with strong development potential. TowerBrook is a certified B Corporation. The B Corporation certification is administered by the non-profit organization B Lab and is awarded to companies that demonstrate leadership in their commitment to environmental, social and governance (ESG) standards and responsible business practices.
For more information, please visit www.towerbrook.com

A propos d’UPERIO
Le Groupe UPERIO est une société basée en France, issue de la fusion du Groupe Arcomet en Belgique et du Groupe Matebat en France. Avec un chiffre d’affaires de plus de 200 M€, elle exploite une flotte de 2000 grues dans 8 pays. Ses 570 employés, répartis sur 22 sites différents, font d’Uperio le leader professionnel des solutions autour des grues à tour : location, distribution et services associés.
Pour de plus amples informations, veuillez consulter www.uperio-group.com

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