PEC Paysage has completed an LBO alongside Galiena Capital

July 2023 — The private shareholders of PEC Paysage have sold a majority stake in the company to Galiena Capital.

PEC Paysage is a specialist in the creation, layout and maintenance of green urban areas in Southeast France. With highly recognized technical know-how, the group has developed a top-of-the-range position and a strong network of architects, landscapers and project managers to work on large-scale projects for private clients and luxury estates. PEC also works with public authorities – mostly under multi-year contracts for maintenance of urban green spaces services. With approximately 50 employees, over US$15 million revenue and almost 300 projects a year, the group has become a regional key player in the sector.

Galiena Capital is an independent private equity fund focused on small cap investments. It has raised over US$430 million since inception and supported 20 companies. The fund invests in the small cap segment with a focus on B2B services, with tickets ranging from US$10–30 million, and actively supports SMEs in France as a majority or lead minority shareholder.

Our role in the transaction

Oaklins’ team in France led a competitive dual-track process and acted as the exclusive sell-side financial advisor to support PEC Paysage’s shareholders in finding the best partner to pursue its growth.