Home Page›News›OPERATIONS› Cognac-based ETS PEROT sold via an MBO
OPERATIONS
18 April 2024
ETS PEROT, an SME specializing in plumbing, electricity, ventilation and heating, is being supported by Widoowin CF in its sale to its number two, Joris Boutenegre, as part of a process to transfer 100% of the company’s shares (MBO).
Historically run by the PEROT family (Pierre, then Jacques, and finally Sébastien PEROT), ETS PEROT is based in Cognac (16) and employs 20 people. Their expertise lies in the installation, maintenance and repair of heating, plumbing, electrical and ventilation systems, electrical and ventilation systems.
For 33 years, the company has put its know-how and expertise at the disposal of a diverse customer base, including private individuals, industries in the Cognac region and local authorities. The company is delighted to announce the sale to its number 2.
Widoowin CF, a consultancy firm specializing in Small & Midcap transactions, mastering all the issues faced by managers, from raising funds to support development to transferring the company, via external growth, supported the seller in the transfer of 100% of the company’s shares.
With over 30 years’ expertise, ETS PEROT, under the management of Sébastien PEROT, is recognized for its know-how, quality of service and responsiveness, backed by its Qualibat RGE certification.
Equipped with modern facilities, the company closed 2023 with sales of €2.2M, representing an average annual growth rate of +8.6% between 2018 and 2023.
The transfer of the company’s shares to Joris BOUTENEGRE marks a turning point for ETS PEROT. His in-depth knowledge of the company, gained after 10 years as Business Manager, will enable him to perpetuate the values and know-how that have made the company so successful to date. This transition ensures that the company will continue to operate without interruption and to pursue its strategic objectives, offering an assurance of stability for customers and employees alike. The new leader will bring his expertise and dynamism to meet new challenges and strengthen the company’s market position.
The family shareholders called on Widoowin CF to support them in this transaction. Although the convergence of visions and ambitions between the buyer and the seller played a decisive role in this transaction, Widoowin CF’s support focused on setting up the structure, finding financing and coordinating the players throughout the entire process.