SG CIB was involved in SPIE’s second LBO financing by Clayton, Dubilier & Rice, Axa Private Equity, and the Quebec Deposit and Investment Fund. The company was previously held by PAI Partners since the first LBO carried out in 2006 with the involvement of SG CIB as arranger. This transaction is the largest LBO transaction in recent years with a total amount of €2.1 B.

SG CIB acted as coordinator, bookrunner, principal arranger, and agent for the €1.085 B senior facility. SG CIB also acted as financial advisor in association with Deutsche Bank for sellers (PAI Partners and Management). Lastly, SG CIB acted as syndication agent and joint bookrunner in the Bridge financing upstream of the €385 M High Yield issue.

Spie’s primary activity is the provision of electrical, mechanical, and environmental engineering services to a vast range of customers of the public, industrial, and commercial sector mainly in France as well as Germany, Benelux, the United Kingdom, Spain, Portugal, and Morocco.