• SMP (Société de Maintenance Pétrolière) founded in 1998 by its present CEO, Bernard Raigneau, specialises in hiring drilling rigs and maintaining land based wells (oil, gas, geothermal energy). After firstly achieving success in oil well drilling in France, SMP expanded to Gabon in 2007.
With its leading position on the French market, a turnover that grew 37% between 2007 and 2008 and a first successful international expansion, SMP’s expertise is now recognized by the top oil companies.


• CEO : Bernard Raigneau
• Nature of the deal : MBO
• Date of the first investment : february 2009


• The quality of SMP’s management, its reputation on the French market, its expertise as well as its development potential were all decisive factors in this MBO. Capzanine is thus involved in capital and in mezzanine alongside the management and MBO Partenaires and would like to provide SMP with the necessary financial backing for its development plans:
- increase its fleet of rigs
- continue its diversification into non oil related activities (gas storage, geothermal energy)



PRESS:
> Acquisition of the SMP (Société de Maintenance Pétrolière) Group (Capzanine 02/2009)