Acquisition History / Millet Transmission / Renocare
Millet Transmission Acquires Renocare
Announced July 28, 2026 — ~€10M enterprise value
What happened
Thibaud Millet-Barbé's search fund Millet Transmission acquired Renocare, a Southwest France provider of thermal insulation, roofing renovation and façade restoration generating approximately €5.7M revenue with about 30 employees across four regional branches.
- Acquirer
- Millet Transmission
- Target
- Renocare
- Announced
- July 28, 2026
- Price
- ~€10M enterprise value
- Industry
- Roofing maintenance, renovation and home improvement services
- Buyer type
- Search fund
- Fund vehicle
- Millet Transmission
- Backing investors
- Innesto Partners, JB46, ONEtoONE Asset Management, EPA Investissement, The Cromwell Harbor, 9T Capital, Cabiedes Capital, the Ruiz family, Pierre-Arthur Chatard, Crédit Agricole (debt)
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Millet Transmission acquire Renocare?
Millet Transmission acquired Renocare on July 28, 2026. This was Millet Transmission's 1st publicly tracked acquisition out of 1 we have on record.
How much did Millet Transmission pay for Renocare?
Millet Transmission paid ~€10M enterprise value for Renocare.
What does Renocare do?
Thibaud Millet-Barbé's search fund Millet Transmission acquired Renocare, a Southwest France provider of thermal insulation, roofing renovation and façade restoration generating approximately €5.7M revenue with about 30 employees across four regional branches.
What other Roofing maintenance, renovation and home improvement services companies has Millet Transmission acquired?
Renocare is Millet Transmission's only publicly tracked acquisition in Roofing maintenance, renovation and home improvement services so far.