Apleona Acquired by Bain Capital from PAI Partners
Deal News | Feb 14, 2025 | FM Business Daily
Apleona, a European leader in integrated facility management, has been acquired by Bain Capital from PAI Partners. Known for its strong technical expertise and international reach, Apleona offers innovative services focused on ESG solutions and energy efficiency. Under PAI's ownership since 2021, the company achieved significant growth, reaching €4 billion in revenue by 2024, expanding its European platform, and embracing digital transformation. Apleona's strategic acquisitions, including Gegenbauer Group, underscore its forward-thinking approach. Bain Capital plans to enhance Apleona's leadership position with further acquisitions and advancement in AI and digital solutions. The transaction, awaiting customary approvals, signals Bain Capital's commitment to investing in sustainable building solutions.
Sectors
- Facility Management
- Private Equity
- Real Estate Services
Geography
- Europe – The acquisition of Apleona, a European facility management company, by Bain Capital involves significant operations across Europe.
- Germany – Apleona is headquartered in Neu-Isenburg near Frankfurt, Germany, indicating the regional significance of the acquisition.
Industry
- Facility Management – Apleona operates within the facility management sector, providing comprehensive services to enhance building efficiency and sustainability.
- Private Equity – The acquisition involves leading private equity firms, Bain Capital and PAI Partners, indicating transactions within the private investment space.
- Real Estate Services – Apleona's focus on innovative energy and decarbonization solutions aligns with trends in the real estate services industry.
Financials
- 4 billion euros – Apleona's revenue in 2024, marking significant growth under PAI Partners' ownership.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Apleona | Target | Company | Apleona is a leading provider of integrated facility management with a focus on energy-efficient services across Europe. |
| Bain Capital | Buyer | Private Equity Company | Bain Capital is a global private investment firm leading the acquisition of Apleona to drive its growth and development. |
| PAI Partners | Seller | Private Equity Company | PAI Partners is a private equity firm that has owned Apleona since 2021, guiding its growth and transformation. |
| Dr. Jochen Keysberg | CEO | Person | Dr. Jochen Keysberg is the CEO of Apleona, leading its strategic development and growth initiatives. |
| Dr. Michael Siefke | Partner & Chair of Europe Private Equity at Bain Capital | Person | Dr. Michael Siefke is actively involved in the investment and strategic direction at Bain Capital for the Apleona acquisition. |
| Ralph Heuwing | Partner & Head of DACH at PAI Partners | Person | Ralph Heuwing plays a key role in PAI Partners' involvement with the growth and successful transformation of Apleona. |