ESTYA Partners with Charterhouse for Strategic Growth
Deal News | Mar 11, 2025 | Charterhouse Capital Partners
Charterhouse Capital Partners, one of Europe's longest-established private equity firms, has announced its acquisition of ESTYA, a leading French provider of electronic fire safety and security systems. The acquisition represents a partnership wherein ESTYA's management will reinvest alongside Charterhouse, while Chequers Capital, a current major stakeholder, will continue their investment. ESTYA, which was founded in 1974 and is based in Paris, has significantly grown its operations, tripling its size since 2021 through strategic acquisitions. The partnership aims to leverage Charterhouse's expertise in transforming service businesses with a combination of organic growth and mergers and acquisitions in France and other European markets. Charterhouse has focused on mid-market opportunities with defensive growth characteristics in the services and healthcare sectors. This acquisition aligns with their strategy, following recent investments in similar service-focused companies across Europe. The agreement is pending customary regulatory approvals.
Sectors
- Private Equity
- Fire Safety and Security Systems
Geography
- France – ESTYA is headquartered in Paris and operates across France, with plans to expand throughout Europe.
- Europe – Charterhouse Capital Partners focuses on pan-European opportunities, supporting ESTYA’s expansion across European markets.
Industry
- Private Equity – This industry is relevant as it involves Charterhouse Capital Partners, a private equity firm, acquiring ESTYA.
- Fire Safety and Security Systems – ESTYA operates in this industry, providing electronic fire safety and security systems services in France.
Financials
- 120m – ESTYA delivers approximately 120 million euros in revenue across France.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Charterhouse Capital Partners | Acquiring Company | Company | A long-established private equity firm operating in Europe, focusing on mid-market opportunities. |
| ESTYA | Target Company | Company | A leading French provider of electronic fire safety and security systems, headquartered in Paris. |
| Chequers Capital | Current Significant Shareholder | Company | An investment partner to ESTYA, remaining a significant shareholder following the transaction. |
| Ludovic Gota | CEO and Founder of ESTYA | Person | Leading the company and committed to its growth alongside Charterhouse and Chequers Capital. |
| Cdric Barthlemy | Partner at Charterhouse | Person | Expressed confidence in ESTYA's alignment with Charterhouse's investment strategy. |
| Aurlien Klein | Managing Partner at Chequers Capital | Person | Highlighted the strategic alignment and growth potential with Charterhouse’s partnership. |