Transaction

Clearwater advises AB Services on its fundraising from Rhône-Alpes PME

Transaction

AB Services' fundraising from Rhône-Alpes PME

Fundraising

Undisclosed

Role

Adviser to AB Services on its fundraising from Rhône-Alpes PME

Sector

Consumer
Energy & Utilities

Region

France & Belgium

We have advised AB Services, a leading supplier of tailor-made B2C energy solutions to the French residential market, on its fundraising package from Rhône-Alpes PME. This fundraising package will finance its operational expansion.

Founded in 2010 and headquartered in Villeurbanne, AB Services is a leading player in the supply of tailor-made B2C energy solutions, based on photovoltaic and aerovoltaic equipment, which enables to produce or save energy. These solutions are fully dedicated to the French residential market. AB Services offers full tailor-made services to its clients, intervening throughout the entire value chain during a project as a “prime contractor” from advice, technical expertise, selection of equipment, management of administrative processes and technical procedures, financial engineering, selection and supervision of the installation, customer satisfaction, to after-sales services. The company generated €14.8m in sales in 2017.

Upon completion of the transaction, Rhône-Alpes PME owns a minority stake in AB Services, alongside the management team.

AB Services panels

Our strong motivation to partner with the management of AB Services is based on their ability to implement substantial operational development over a short period of time, and on the belief that our association will be fully beneficial to the next chapter of the development of AB Services.

JULIEN DUPUY, MEMBER OF THE EXECUTIVE COMMITTEE, RHONE-ALPES PME

Advisers

Transactions