Gaz Service
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Gaz Service - overview
Established
1971
Location
Paris, -, France
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Gaz Service is a plumbing and heating services company based in France, focusing on installation and maintenance solutions for residential and commercial clients, ensuring efficient and reliable systems for various heating needs. Founded in 1971, Gaz Service operates in Paris, France, specializing in plumbing and heating services. The company has undergone no known pivots or ownership changes since its inception. It has completed one deal, with its most recent deal date being July 11, 2016.
The company was acquired by Nord Capital Partenaires and Groupe IRD, although financial terms were not disclosed. The founder's specific history is not available. Gaz Service specializes in plumbing and heating services, offering installation and maintenance of heating systems such as low-temperature and condensation boilers, heat pumps, wood and pellet stoves, and thermodynamic water heaters. Their plumbing services include the installation of sanitary appliances, fixtures, and water softeners, along with emergency repair services.
They cater to residential and commercial clients in the Hauts-de-France region, serving towns like Valenciennes, Douai, Arras, Lille, and Cambrai, with a nearly 50-year reputation for quality service. In 2023, Gaz Service reported a revenue of USD 14. 03 mn and an EBITDA of USD 982,794. The company primarily engages in direct-to-consumer sales for its plumbing and heating services, generating income through installation, maintenance contracts, and emergency repairs.
Service agreements for routine maintenance also contribute to customer satisfaction and ongoing engagement, with pricing determined by task complexity and equipment involved. Gaz Service aims to expand its reach by exploring new markets in the Hauts-de-France region and enhancing its service offerings. The funding from the acquisition will support these growth strategies, although specific new products or market entry dates have not been disclosed. The company continues to leverage its established market presence while seeking opportunities for expansion.
Current Investors
Groupe IRD, Nord Capital Partenaires
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.gazservice.fr
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Gaz Service - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Gaz Service | - |
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