Apleona: Bain Capital Takes Control from PAI Partners
Deal News | Feb 14, 2025 | PAI Partners
Apleona, a leading European provider of integrated facility management services, has reached a significant milestone with €4 billion in revenue for the first time in 2024. The company, under the stewardship of PAI Partners, has undergone a remarkable transformation involving the successful integration of 14 strategic acquisitions across Europe. This expansion has not only solidified Apleona's position as a frontrunner in Europe but also facilitated its digital transformation. Following these developments, Apleona has been acquired by Bain Capital, a private equity firm keen on driving future growth and leveraging Apleona’s established European platform.
Sectors
- Facility Management
- Private Equity
- Digital Transformation
Geography
- Europe – Apleona has expanded its European platform, and its significant operations and acquisitions are within this geography.
Industry
- Facility Management – Apleona operates within the integrated facility management sector, providing services across Europe.
- Private Equity – Both Bain Capital and PAI Partners are private equity firms engaging in transactions and acquisitions.
- Digital Transformation – Apleona's focus on driving digital transformation in its services highlights the relevance of this industry sector.
Financials
- €4 billion – Apleona's revenue milestone reached for the first time in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Apleona | Target Company | Company | Apleona is a European provider of integrated facility management services. |
| PAI Partners | Selling Company | Company | PAI Partners is a private equity firm that previously owned Apleona. |
| Bain Capital | Bidding Company | Company | Bain Capital is a private equity firm that acquired Apleona from PAI Partners. |