Theop lbo with 65 Equity Partners

The leading independent project management consultancy announces the investment of 65 Equity Partners alongside its founders and Florac

65 Equity Partners, an international investment firm backed by Temasek, announces its investment in Theop, the leading independent project management consultancy in France and Europe.

The founders, Julien Palengat and Sébastien Alphand, will remain the company's largest shareholders, alongside the management team, while Florac, a shareholder since 2021, is reinvesting in the transaction to support the Group's next phase of development.

Theop supports leading property owners, investors and real estate occupiers in the design, management and delivery of large-scale, complex real estate projects, covering both new developments and renovations.

The company has also strengthened its presence in the data centre sector, an asset class benefiting from strong structural demand driven by the continued expansion of digital infrastructure and artificial intelligence across Europe. This represents an attractive additional growth driver, complementing the Group's already well-established market position.