Investment Firm Tikehau Capital Successfully Secures €1 Billion to Fuel Egis' Expansion
In a significant move towards supporting the global transition towards sustainable infrastructure, Tikehau Capital has launched a private equity continuation fund dedicated to Egis, a leading player in architecture, engineering, and construction. The fund, exceeding €1 billion, aims to bolster Egis' growth trajectory, accelerate its global development, and promote sustainable development.
Since Tikehau Capital's acquisition of a controlling interest in Egis from Caisse des Dépôts et Consignations (CDC) in January 2022, Egis has surpassed its 2022 growth targets. The company has more than doubled its EBITDA and achieved revenues over €2.2 billion in 2024. The fund will provide the necessary financial resources to continue this successful growth and implement Egis' buy-and-build strategy.
The fund's objectives are multifaceted. It aims to enhance Egis' growth trajectory by providing financial backing for future development. This includes expanding Egis' operations internationally through strategic means, such as acquisitions. The fund's scope also encompasses promoting sustainable development by focusing on smart infrastructure that addresses climate change challenges while fostering more balanced and sustainable development.
The fund is backed by a notable group of investors, including Apollo S3, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and Neuberger Berman. This investment marks the launch of Tikehau Capital's first private equity continuation fund dedicated to Egis.
The investment aligns with Tikehau Capital's private equity decarbonization strategy, underscoring its commitment to sustainable investments and growth. Tikehau Capital's decarbonization strategy focuses on investing in companies at the forefront of global electrification, resource and energy efficiency, low-carbon solutions, and climate adaptation. This is the fifth investment from Tikehau Capital's second vintage private equity strategy focused on decarbonization.
Egis, with its focus on smart infrastructure, aims to strengthen its position as a global leader in decarbonizing transport, cities, and energy. The capital raise is for Egis's international expansion, and the fund will facilitate strategic acquisitions to advance Egis' presence in the global market for sustainable infrastructure and services.
Tikehau Capital's continuation fund will enable Egis to double its size by 2028, further solidifying its position as a key player in the sustainable infrastructure sector. CDC remains a key shareholder in supporting Egis's development, underscoring a collaborative approach towards promoting sustainable growth.
- The private equity continuation fund launched by Tikehau Capital, backed by investors like Apollo S3 and Neuberger Berman, will finance Egis's growth and expansion in technology, as Egis aims to strengthen its position as a global leader in decarbonizing transport, cities, and energy.
- As part of Tikehau Capital's private equity decarbonization strategy, the fund's scope encompasses promoting sustainable development by focusing on smart infrastructure that addresses climate change challenges, while also facilitating strategic acquisitions to enhance Egis's growth trajectory in the global finance sector.