Project Medicus

Project Orion is an established installation company specializing in sectional doors and loading docks (B2B) located in northern France. 

Project Oase is a private sauna and wellness complex in Flanders offering a wide range of high-quality, uniquely designed sauna facilities, including Finnish saunas, hot tubs, heated pools, and infrared cabins. The complex is open daily and caters exclusively to a private (B2C) clientele.The company combines a stable, recurring revenue stream with strong profitability (average normalized EBITDA margin of 31.3%). Hygiene, service, and customer satisfaction are at the core of its operations.Day-to-day operations are managed by the manager, supported by a permanent and reliable team of 10 employees, supplemented by a flexible pool of students and part-time workers who are primarily deployed on weekends.The transaction involves the acquisition of both the operating company and the holding company, including the real estate currently privately owned by the manager but used for business purposes.The average normalized EBITDA of the operating company amounts to EUR 400k.

Project Exura specializes in central and industrial heating, with a strong focus on CLV renovations for larger apartment buildings. A large part of its activities consists of solutions for chimney and exhaust systems, both through existing shafts and new external constructions.The assignments mainly come from co-owners' associations, supplemented by projects for private and business customers in classic HVAC, which ensures a stable mix of specialized and general services.The company operates in Flanders and has a modern infrastructure with a well-organized warehouse and office space, which supports efficient operation and further growth.Turnover: ±3.8 million EURNormalized EBITDA: ±875k EUR