Sogeres

Sogeres is a French catering company specializing in high-quality hospitality services across various sectors, including education, healthcare, and corporate environments, delivering tailored culinary solutions to meet diverse client needs. Founded in 1934, Sogeres is located in Boulogne-Billancourt, France, and focuses on providing catering and hospitality services. The company was acquired by Sodexo in 2001, which marked a pivotal shift in its operational strategy. Sogeres has engaged in two notable deals over its history, with the most recent deal occurring on March 5, 2001.

The company raised EUR 21. 30 mn in a BUYOUT round led by PAI Partners, which represents the total amount raised to date. Sogeres specializes in providing high-quality catering and hospitality services tailored to meet the diverse needs of various client segments, including businesses, educational institutions, healthcare facilities, and senior living communities. With over 80 years of experience, the company has developed a comprehensive offering that encompasses meal preparation, service logistics, and the overall dining experience.

Sogeres emphasizes culinary excellence and service quality, crafting menus that reflect seasonal ingredients and culinary trends, thus ensuring that each dining experience is unique and satisfying. Their main clients include corporate offices, schools, rehabilitation centers, and elderly care homes across major urban centers in France, such as Paris and Lyon, where their services are designed to cater to the specific dietary and cultural preferences of the populations they serve. Sogeres operates primarily on a B2B model, generating revenue through contractual partnerships with various organizations that require catering and hospitality services. For the most recent fiscal year, which is 2023, Sogeres reported a revenue of EUR 546.

20 mn and an EBITDA of EUR -1. 24 mn. The company’s transaction structure is built around long-term partnerships, where clients may engage Sogeres for ongoing catering services, resulting in steady revenue streams. Sogeres aims to enhance its product offerings through the introduction of new menu items that cater to evolving dietary trends.

The company's strategy involves expanding its services to additional regions within France, particularly targeting areas that show growth potential in the education and healthcare sectors. Recent funding from the EUR 21. 30 mn BUYOUT round will be utilized to support these market expansions and product innovations, reinforcing Sogeres’ commitment to adapting to the changing needs of its clients.