Tikehau Capital has raised over €1 billion to support the next stage of growth for Egis, its portfolio company focused on infrastructure and mobility services. This marks the launch of Tikehau’s first private equity continuation fund dedicated to Egis and is backed by Apollo S3 and ADIA (through a wholly owned subsidiary), with Neuberger Berman as co-lead investors.
The fund, which is part of Tikehau’s second private equity decarbonisation strategy, aims to fuel Egis’ global expansion through strategic acquisitions, particularly in high-growth regions like North America. This latest round brings the total raised by the second decarbonisation fund to more than €2 billion—1.5x the size of the previous vintage.
Tikehau first acquired a controlling stake in Egis in 2022 from Caisse des Dépôts (CDC). Since then, Egis has outperformed growth expectations, doubling EBITDA and surpassing €2.2 billion in revenue by 2024. The new capital will support Egis’ goal to double in size by 2028 and strengthen its leadership in low-carbon infrastructure.
The continuation fund also includes future capital commitments, giving Egis additional flexibility to pursue new strategic M&A opportunities. CDC remains a key shareholder.
Egis, a leader in sustainable engineering and infrastructure, is targeting further decarbonisation efforts across transport, energy, and urban systems. Tikehau Capital’s strategy focuses on companies enabling global electrification, resource efficiency, and climate resilience.
Tikehau executives said the reinvestment in Egis reflects strong momentum and shared ambition to scale its global impact. Egis leadership expressed appreciation for the continued backing, calling it a vote of confidence in their strategy to become one of the top 10 global construction engineering firms.
Source: Tikehau Capital
