M&A Deal Summary

Chequers Capital Acquires Eris

On May 1, 2021, private equity firm Chequers Capital acquired safety/security company Eris

Acquisition Highlights
  • This is Chequers Capital’s 1st transaction in the Safety/Security sector.
  • This is Chequers Capital’s 14th transaction in France.

M&A Deal Summary

Date 2021-05-01
Target Eris
Sector Safety/Security
Buyer(s) Chequers Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Eris

Ivry-sur-Seine, France
Eris is a provider of fire safety solutions. The company specializes in the field of maintenance and installation of equipment for the Fire Detection, Smoke Extraction and Electronic Security. Eris serves a B2B client base of over 1,000 customers in the private and public tertiary sector notably public buildings offering multi-brand installation, renovation and preventive and corrective maintenance services. Eris was founded in 1974 and is based in Ivry-sur-Seine, France.

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Buyer(S) 1

Buyer

Chequers Capital

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1972
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Chequers Capital is a private equity group focused on acquiring and developing small, medium, and large-sized companies in partnership with management. Chequers primarily seek opportunities in France, Germany, Italy, Benelux, Switzerland, and Spain. The Firm looks to commit €40 to €150 million per investment in transactions valued between €80 and €500 million. Sectors of interest broadly include all areas of industrial, distribution, and services. Target transaction situations include turnarounds, recapitalizations, buyouts, and divestitures. Chequers Capital was formed in 1972 and is based in Paris, France.


DEAL STATS #
Overall 29 of 38
Sector: Safety/Security M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 9 of 11
Country: France M&A 14 of 16
Year: 2021 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-09 Alliance Etiquettes

Bordeaux, France

Alliance Etiquettes is a French company specialized in the design and production of premium labels for the wine, spirits, agri-food, and cosmetic market. Alliance Etiquettes is based in Bordeaux, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Syserso Networks

Hanover, Germany

Syserso Networks has established itself as a long-term partner to telecom carriers, utility companies, and other owners or operators of critical IT and telecom networks. Services include network engineering, maintenance, and managed services/operation. Syserso Networks was founded in 1998 and is based in Hanover, Germany.

Buy -