We are pleased to announce the acquisition of the Lafon Company (€21 M of turnover), historically owned by the Réolian Group (participation of the Alliance Entreprendre fund) by its Managing Director, Mr. Antonio da Costa, supported by a private investor. This is the third operation carried out with this private investor, which I Deal Development has been supporting for 18 months, with a view to setting up a group.
The Lafon Company is an expert company in electrical engineering, located in Tremblay, France. The company designs, installs and ensures the maintenance of electrical installations, in high and low currents. It operates in a market that requires a high level of expertise: the renovation of business premises and new buildings.
Founded in 1947, Lafon is one of the last independent companies in its sector in the Ile de France region and is involved in the entire power and light current chain. With more than 70 years of existence, the company is recognized in the region for the quality of its services and its industrial know-how.
After several successive LBO operations, Lafon was bought by its CEO, supported by a private investor specialized in the sector with a long-term project and a very precise vision of the company’s future: quality of the signed projects, recruitment of high-level in-house teams, ongoing training of the teams… The seller, the Reolian Group, is a building works and services operator in the Ile de France region (€30 million in sales).
Mr Da Costa confides: “I-Deal Development supported us at all stages of the transaction. Their relevant approach and our sharing of points of view convinced the seller and reassured us that the transaction would be concluded. I-Deal Development also found financing solutions for us by presenting us with different options that gave us comfort and peace of mind in our choice”.