Cap Vert Group Expands with Bernard Bois Acquisition

Deal News | May 22, 2025 | Finance Community IT - 1 Corporate M&A

Cap Vert Group Expands with Bernard Bois Acquisition

Ambienta, an asset manager focused on environmental sustainability, through its platform company Cap Vert Group, has acquired Bernard Bois. Bernard Bois is a French company specializing in the design, production, and installation of wooden outdoor furniture and structures. This acquisition marks a strategic expansion for Cap Vert Group into an adjacent high-potential market segment of green spaces, enhancing its capabilities with sustainable wood solutions. The demand for wood-based solutions is growing due to their natural aesthetics, durability, and environmental sustainability benefits, setting a competitive distinction. Founded in 1983, Bernard Bois operates with a team of 40 through two production facilities, offering over 200 custom wood solutions across France with annual revenues of approximately 10 million euros. The acquisition is aligned with Ambienta’s investment strategy in the pollution control category, utilizing wood as a sustainable alternative to conventional materials, significantly reducing carbon emissions. This marks Cap Vert's tenth add-on since Ambienta's acquisition in 2021, now boasting over 1000 employees and revenues exceeding 100 million euros. Gwenalle Le Ho Daguzan, Partner at Ambienta, notes that acquiring Bernard Bois fortifies Cap Vert’s outdoor sustainable solutions offering, supporting their endeavor to deliver high-quality, low-impact products.

Sectors

  • Sustainable Environmental Solutions
  • Private Equity
  • Construction and Infrastructure

Geography

  • France – Bernard Bois is a French company, and the operations and market discussed in the article primarily pertain to France.

Industry

  • Sustainable Environmental Solutions – The article highlights a focus on sustainability within the construction and outdoor space industry, emphasizing the use of wood as an environmentally-friendly material in contrast to traditional options such as steel and concrete.
  • Private Equity – Ambienta's role in acquiring Bernard Bois through its platform company, Cap Vert Group, denotes activities typical within private equity sectors, focusing on strategic acquisitions and consolidation.
  • Construction and Infrastructure – Bernard Bois is engaged in the design and installation of wooden structures and furniture, which positions the company within the wider construction and infrastructure sector.

Financials

  • 10 million euros – Annual revenue of Bernard Bois.
  • Over 100 million euros – Combined revenue of Cap Vert Group following the acquisition and previous expansions.

Participants

NameRoleTypeDescription
Cap Vert GroupAcquiring CompanyCompanyA French company specializing in tree pruning, acting as the platform entity for Ambienta’s acquisition strategy.
Bernard BoisTarget CompanyCompanyA French company specializing in wood-based outdoor structures and furniture, acquired by Cap Vert Group.
Ambienta SGRPrivate Equity FirmCompanyA European asset manager focused on environmental sustainability, driving the acquisition of Bernard Bois through Cap Vert Group.
Oderis ConsultingFinancial and ESG AdvisorCompanyProvided financial and ESG consulting for the acquisition.
CVS AvocatsLegal, Corporate, Tax, and Labour AdvisorCompanyProvided legal, corporate, tax, and labour guidance for the acquisition.
Gwenalle Le Ho DaguzanPartnerPersonA partner at Ambienta who commented on the strategic significance of the acquisition.