Founded in 2000 and operating in Aquitaine, Ile-de-France and Champagne-Ardenne, Groupe LT specialises in rental equipment for construction sites and is organised around two core fields of activity:
• The leasing of trucks and construction machines with or without operators, which is the core activity of the group through its subsidiaries San Martin, STC, Chambault and Européenne de Location
• The leasing of construction equipment (signalling and safety equipment, leasing of modular solutions and portable toilets) via its companies Caupamat, Delvaux and Rabotin.
The company employs 350 people and generated €45 million in revenue in 2017 with an EBITDA margin of more than 25%.
MBO & Co, alongside two co-investors, Amundi PEF and Arkéa Capital, has acquired Groupe LT from the founders – Jean-Claude Bel and Didier Brunelin – as well as from the minority financial partners, BNP Paribas Développement, Société Générale Capital Partenaires and Ouest Croissance, which took an equity stake in 2015.
After a successful transition period between the historic founders and Chairman Eric Van Acker, Groupe LT is now entering a new phase of development. The expansion follows growth in modular solutions activity and the strengthening of its construction equipment activities. Both offer high added-value in terms of service, especially in a global outsourcing context demonstrated by key players in the construction industry.
“The pursuit of excellence in terms of service quality in a world where reliability, security and responsiveness are essential, is one of the key factors of Group LT’s success. We are convinced of the group’s development potential, backed by a high-quality executive, and are very pleased with the new chapter that is opening up for the company and its team.”
Xavier de Prévoisin, Partner at MBO & Co
“I am delighted to count on MBO & Co and its team to continue the adventure started in 2000. Our project is ambitious but the management team and I are convinced that we will be well supported in this new phase for Groupe LT.”
Eric van Acker, Chairman of Groupe LT
+ MBO and Co acquires BCF Life Sciences
+ MBO and Co buy the local cured meats and sausages specialist Groupe Arcado