• Clipperton acted as the sole financial advisor to advizeo, a French leader in Energy Management solutions, on its sale to Hager Group, a leading supplier of solutions and services for electrical installations in residential, commercial, and industrial buildings.
  • By joining Hager Group, advizeo will benefit from the expertise and resources of a world leader in energy management. This strategic alliance is an exceptional opportunity for advizeo to strengthen its growth and explore new markets, particularly internationally.  
  • This deal solidifies Clipperton’s expertise in advising ESG-focused tech companies on their strategic transactions. Recent transactions include Elum Energy, a leading provider of advanced energy management solutions for renewable energy systems – raising an acceleration round led by US investor Energize Capital, and Reporting21, a leading sustainability-focused SaaS platform, acquired by Cority, a portfolio company of Thoma Bravo.

Our Client

  • Founded in 2015 from an intrapreneurship initiative within the engineering group setec and led by Cyril Sailly, advizeo is the one-stop-shop for energy efficiency for B2B customers in the retail, healthcare, and commercial real estate segments, with a comprehensive offer combining software and energy management services.
  • advizeo’s core mission is to empower customers to achieve genuine and continuous energy savings by combining state-of-the-art monitoring solutions based on data science, and expert energy management consulting services to design and drive energy efficiency action plans.
  • Backed since 2021 by Credit Mutuel Equity and Bpifrance, advizeo achieved sales of 13 million euros in 2023 and an organic growth of over 30%.

Deal Rationale

  • setec, Credit Mutuel Equity, and Bpifrance sell their shares as part of the transaction and advizeo becomes a fully owned subsidiary of Hager Group.
  • By joining Hager Group, advizeo benefits from the expertise and resources of a world leader in energy management. This strategic alliance is an exceptional opportunity for advizeo to strengthen its growth and explore new markets, particularly internationally.  Thanks to the support of Hager Group, advizeo will be able to develop and offer even more innovative solutions on a European scale, meeting the growing needs of businesses and local authorities in terms of energy consumption reduction, performance optimization, and sustainability.
  • Cyril Sailly, Chairman of advizeo, commented: “This integration marks a pivotal moment in advizeo’s growth path, ten years after our creation within setec which, alongside Bpifrance and Crédit Mutuel Equity since 2021, has supported us perfectly up to now. By joining forces with Hager Group, we are opening the door to new opportunities, fuelled by innovative solutions that will meet the ever-changing demands of energy management. We’re delighted to be joining the family-owned Hager Group, and look forward to moving the lines of energy efficiency alongside them.”

Clipperton’s expertise in advising ESG-focused tech companies on their strategic transactions

Deal Team 

About Clipperton

Clipperton is a leading investment bank dedicated to technology and growth companies. We provide strategic and financial advisory to entrepreneurs, corporates, and top-tier investors in Europe who are willing to execute transactions such as strategic M&A private equity transactions, and private placements. Founded in 2003 and with offices in Paris, Berlin, Munich, London, New York, and Beijing, Clipperton has completed over 400 M&A and private placement transactions with fast-growing technology start-ups, blue-chip corporates, and renowned financial investors.