Faceo

On 29 July 2010, Vinci acquired Faceo from Apax Partners.

Created in 2000, Faceo has quickly become one of the 5 leading European players in Facility Management. As a global player, the group covers a wide range of activities based around real estate services as well as soft and hard services (including cleaning, maintenance, security, remote monitoring, document management, reception, property management, etc.).

Faceo attends to the needs of more than 150,000 European users and is reputed for the quality of its client portfolio including, beside Thales and Cegelec, AGF, Alcatel, Areva, EADS, General Electric, Nestl‚, PSA, Sanofi-Aventis, Siemens and the Quai Branly Museum, etc.

Operating in France, the United Kingdom, Germany, Austria, Italy, Switzerland and the Benelux countries, Faceo has approximately 6,000 employees. In 2010, its turnover amounted to €500m, up by 10% compared to 2009.

After intense negotiation by both parties, Apax Partners and Faceo were able to agree with Vinci's terms and principles.

Canaccord Genuity Partners acted as financial advisor to Faceo and its management.