PRESS RELEASE

Englos, September 11, 2025

Enygea, a French leader in the field of mobile and temporary sanitary equipment for construction sites and events, has completed a second round of financing with its long-standing shareholder GENEO Capital Entrepreneur, via its GENEO Mezzanine fund, and Crédit Mutuel Equity, which has acquired a stake.

This new operation will enable Enygea to accelerate its development in Eastern Europe through the acquisition of Johnny Servis, a Czech company operating in the same market segment. The French group is now present in three new countries, mainly the Czech Republic, Slovakia and Austria, in addition to the seven countries in which it is already present: France, Spain, Italy, Belgium, Luxembourg, Portugal and Canada. Further acquisitions are under discussion.
Founded in 2007 in Englos (59) and chaired by Hervé Montagne, the Enygea group achieves consolidated sales of €130 million, and has passed the 1,000-employee mark following this acquisition.

Backed by 9 expert brands, the oldest of which is WC Loc, Enygea enjoys a strong reputation and a dense network of 119 locations, nearly half of them in France. Enygea's rental business is based on a range of services that include not only delivery, but also collection of equipment and emptying, cleaning and restocking of sanitary facilities, cleaning of living quarters, and management of drinking water and wastewater at temporary sites, as well as a range of innovative products.

Historically positioned in the construction market, Enygea has gradually diversified into the events market, in particular major events such as the Paris Olympic Games in 2024, tripling its sales since the health crisis. 

This momentum continued after the 2024 Olympic Games, with double-digit growth in the French market, thanks to the leadership of its WC Loc and Happee Services sanitaryware brands, a diversification of its ranges but also through two local acquisitions. In Europe, the recent acquisition of Johnny Servis, a Czech player in mobile toilet rental, with 130 employees and sales of €14 million in 2024, reinforces this growth. To support its international expansion, the Enygea Group is acquiring new skills, notably with the arrival of Hervé Baillieul, Managing Director International. His ambition is to achieve sales of €150 million within 3 years, 50% of which will be generated outside France. 

In addition, over the past three years, working alongside GENEO, the company has made a stronger commitment to a sustainable performance trajectory incorporating water savings, dry toilet design, resource reclamation, a 30% reduction in its carbon impact by 2030, and inclusion, with a range of products dedicated to people with reduced mobility. Enygea also supports Made In France, by investing heavily in its SWITTEC production facility, based in Northern France, and in its French R&D.

Finally, Enygea stands out for its highly entrepreneurial governance. Hervé Montagne holds three-quarters of the capital. Historically, 50 managers have held a 7% stake in the company's growth project, which has led the company to take a new step by setting up a corporate mutual fund (FCPE) accessible to all employees, in line with a management culture based on trust and shared values.

" GENEO, which has been with us since 2022 as a demanding partner, particularly in the structuring of our impact strategy, remains part of the adventure alongside a new investor, Crédit Mutuel Equity. In addition to this round of financing, SG Crédit du Nord has arranged senior debt to give us the means to achieve our 3-year ambitions. Our mission remains, more than ever, to contribute to hygiene everywhere and for everyone", explains Hervé Montagne, Chairman of Enygea.

" We are proud to support Hervé Montagne and his teams in this new phase of European transformation, which promises strong synergies. Enygea is the embodiment of responsible, bold growth, capable of combining high operational standards with ambitions for impact, adds Mathilde Paoli, Managing Partner at GENEO Capital Entrepreneur.

"Enygea's positioning, with a market share of around 50% in France, its recognized quality of service and its expertise in external growth, all militated in favor of our commitment to Hervé Montagne and his teams. The purpose of our investment is not only to finance Enygea's development in Eastern Europe, but also to support the group in its future development, through a strategy of external growth and the continued expansion of its service offering", emphasizes Mathieu Sollet, Investment Director at Crédit Mutuel Equity.

About Enygea

Founded in 2007, the Enygea Group specializes in the rental of mobile sanitary equipment. With 1,000 employees, it generates sales of €130 million. It is home to 9 expert brands: WC Loc, HAPPEE Services, Bases Clean, Waterlab Services, LooLoo, Sanibert, Johnny Servis, Swittec, MOOV & COOK. Headquartered in Englos (59), France, the group is also present in 10 countries (France, Belgium, Portugal, Spain, Canada, Luxembourg, Italy, Czech Republic, Austria, Slovakia). As Europe's second-largest player in the sector, Enygea meets the needs of construction sites and events (festivals, sporting events, weddings, etc.).

Its mission is to contribute to access to hygiene everywhere and for everyone. For further information www.enygea.com

About GENEO Capital Entrepreneur 

GENEO Capital Entrepreneur's raison d'être is to provide the real economy with positive finance that reconciles performance and meaning.

Designed to unlock the value-creation, job-creation and impact-creation potential of SMEs and ETIs, GENEO Capital Entrepreneur has nearly 740 million euros under management. In particular, it manages the evergreen investment company GENEO Capital, whose capital is majority-owned by families and entrepreneurs. Geneo thus provides tailor-made capital that adapts to the pace of each company, offering responsiveness and flexibility. 

As a business partner and mission-driven company, Geneo mobilizes all its teams, including specialized business partners (external growth, liability structuring, positive impact, digital and innovation), to support the execution of structuring, growth and transformation projects. It also boasts a platform of over 70 independent experts and a Community of over 230 families and entrepreneurs, offering a unique opportunity to share experience and build a business network unmatched in France. 

Fascinated by those who make, create and want to move the lines, the Geneo team's sole ambition is to take each entrepreneur's ambition to the highest level. 

Find out more at www.geneocapitalentrepreneur.com

About Crédit Mutuel Equity 

Crédit Mutuel Equity brings together all the private equity activities of Crédit Mutuel Alliance Fédérale: Capital Développement, Capital Transmission and Capital Innovation.

Crédit Mutuel Equity provides capital support to managers at every stage of their company's development - from start-up to transfer - giving them the resources and time they need to implement their transformation projects. Crédit Mutuel Equity brings together more than 350 managers who share their convictions and their questions within a genuine network of entrepreneurs, offering each of them, whatever the nature of their project, the assurance of benefiting from the experience of others. By investing its own capital (5 billion euros), Crédit Mutuel Equity finances company projects over time horizons adapted to their development strategy, in France as well as in Switzerland, Belgium, Germany and Canada..

Find out more at www.creditmutuel-equity.eu

About Crédit Mutuel Alliance Fédérale 

A leading French bancassurer with 79,000 employees serving 31 million customers, Crédit Mutuel Alliance Fédérale offers a full range of services to individuals, local professionals and businesses of all sizes, via its 4,100 sales outlets. 

Crédit Mutuel Alliance Fédérale, the first bank to adopt the status of a company with a mission, brings together the Crédit Mutuel branches of the Centre Est Europe (Strasbourg), Sud-Est (Lyon), Ile-de-France (Paris), Savoie-Mont Blanc (Annecy) federations, Midi-Atlantique (Toulouse), Loire-Atlantique and Centre Ouest (Nantes), Centre (Orléans), Normandie (Caen), Dauphiné-Vivarais (Valence), Méditerranéen (Marseille), Anjou (Angers), Massif Central (Clermont-Ferrand), Antilles-Guyane (Fort-de-France) and Nord Europe (Lille). 

Crédit Mutuel Alliance Fédérale also includes Caisse Fédérale de Crédit Mutuel, Banque Fédérative du Crédit Mutuel (BFCM) and all its subsidiaries, notably CIC, Euro-Information, Assurances du Crédit Mutuel (ACM), TARGOBANK, Cofidis, Beobank in Belgium, Banque Européenne du Crédit Mutuel (BECM), Banque Transatlantique, Banque de Luxembourg and Homiris. 

For further information: www.creditmutuelalliancefederale.fr

Investors

GENEO capital entrepreneur

Mathilde Paoli, Associate Director

Crédit Mutuel Equity

Mathieu Sollet, Investment Director

Hugo Deseure, Business Manager

Investor tips

Financial auditors : EY-Parthenon (Pierre Guillaume Fayet)

Legal, tax and employment auditors : Lamartine Conseil (Fabien Mauvais, Bertrand Hermant)

Legal counsel : Sekri Valentin Zerrouk (Emmanuelle Vicidomini)

Company

Enygea:

Hervé Montagne, Chairman

Company tips

Legal advice : Alister Avocats (Bernard Pommier and Myriam Fortas)

Bank

SG Crédit du Nord

Press contacts

For GENEO Capital Entrepreneur : Hugues de Tournemire - 06 67 07 22 33 - hdetournemire@bcadvisory.fr

For Crédit Mutuel Equity : Véronique Richez-Lerouge - 06 14 63 90 00 - v.richez-lerouge@reso-media.com

For Enygea Sarah Duflos - 06 16 68 35 01 - for Enygea sarah.duflos@becoming-group.com

Download the press release

About us

GENEO Capital is an "evergreen" support and investment company with a 99-year life span. It takes the form of a simplified joint stock company subject to the tax regime for venture capital companies, with GENEO Capital Entrepreneur SAS as the management company.

GENEO Capital Entrepreneur is an independent management company founded and owned by its current team. It is approved by the Autorité des Marchés Financiers (approval number: GP19000004).

Contact

GENEO Capital Entrepreneur
7 rue Auber
75009 Paris
France
Tel. 09 70 77 24 80
contact@geneocapitalentrepreneur.com

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