Backed by EMZ since 2009, Atalian has reached a new phase of its development by issuing a 250 million euros high-yield bond.
With over 55,000 employees, 25,000 clients and revenues in excess of €1.2bn in 2012, Atalian is one of the European leaders of multiservices. The group provides a wide array of services to companies and local communities allowing them to outsource part of these functions. Atalian’s activity is composed of 8 business lines: cleaning, multitechnic and facility management, reception, transport, security, landscaping and construction.
In August 2009, EMZ arranged a 90 million euros corporate financing backing the buyout of Véolia Propreté Nettoyage Multiservices (spin-off of the Véolia group) and Eurogem (spin-off of the Icade group) by the family-owned group TFN in order to form Atalian. These acquisitions allowed Atalian to double in size while preserving the majority ownership of the Julien family.
After a successful integration period, during which EMZ was actively involved and brought its support to the group, Atalian has now reached a new phase of its development with the refinancing of its debt. This operation allows Franck Julien, CEO, and his family to own back 100% of the group’s share capital. Atalian issued, on 17 January 2013, a 250 million euros high-yield bond with a 2020 maturity, yielding a nominal rate of 7.25%.