Charterhouse to buy French building maintenance group Batibig

What's the deal? Charterhouse Capital PartnersDealroom has a profile for this one. Try Dealroom → has agreed to acquire BatibigDealroom has a profile for this one. Try Dealroom →, a French building maintenance group. The private equity firm did not disclose the terms of the transaction.

What's the endgame? The deal adds a French services business to Charterhouse's portfolio, giving the firm exposure to building maintenance across France.

The signal: The acquisition points to continued private equity interest in building services and maintenance, a sector prized for recurring revenue and steady demand.

Read more: PE Hub

Image credit: Wonderlane