Paris, 2 August 2024 – In order to pursue and accelerate its development, Alphitan announces the signature of a growth partnership with pan-European investment fund Waterland, which becomes a shareholder alongside founders Jean-Louis Yang, Jérôme Siat and the company’s main managers.
Founded in 2007 in Bordeaux, Alphitan is one of Europe’s leading providers of maintenance services for electronic systems and electric motors of industrial and embedded equipment. It operates on behalf of numerous customers in a wide range of sectors, including the agri-food, rail, semiconductor, aerospace and automotive industries.
Since its creation, the Group has successfully achieved growth, and is expected to reach a turnover of €45 million this year. This growth is the result of the combination of an organic development in a market where the major industrial players’ growing ESG concern is encouraging repair over replacement. It also results of external growth operations successfully carried out in France and internationally with the acquisitions of ID Rep (2011) and Antecs (2015).
Waterland will enable the Group to accelerate its development, notably through targeted international acquisitions and investment in cutting-edge innovations, such as predictive maintenance, and thus strengthen Alphitan’s position as a reference in the maintenance of complex electronic systems on a European scale.
“We are delighted to achieve a new milestone alongside Waterland. We are convinced that Waterland is the right partner to accelerate our international development and complete our service offering, while preserving the company’s DNA in technical excellence and innovation,” emphasize Jean-Louis Yang and Jérôme Siat, respectively Chairman and CEO of Alphitan.
“We were impressed by Alphitan’s unique technical know-how, recognized by the most demanding customers in both industry and embedded systems. This strong differentiation makes Alphitan a solid platform capable of successfully carrying out a consolidation project in France and Europe, in a highly fragmented market benefiting from strong tailwinds” declares Louis Huetz, Partner at Waterland.
About Alphitan
Founded in 2007 in Bordeaux, Alphitan is one of Europe’s leading providers of maintenance services for electronic systems and electric motors (in particular servomotors) for industrial equipment and on-board electronic systems for customers operating in a variety of sectors (agri-food, railways, semi-conductors, aeronautics, automotive).
The Group operates in France, Germany and Italy, serving over 4,000 customers and 2,500 industrial sites via 11 operating sites and 350 employees.
The group invests significantly in R&D to keep its technicians and engineers at the cutting edge of the various technologies developed by major OEMs.
For more information: https://www.alphitan.com/
About CAPZA
Created in 2004, CAPZA1 is an established European private investment platform focused on small and mid-cap companies.
With €9 billion of assets2, CAPZA puts its experience and passion for investing at the service of investors in Europe and worldwide with its platform of 6 complementary areas of expertise: Growth Tech, Flex Equity, Flex Equity Mid-Market, Private Debt, Transition3 and Artemid4.
CAPZA offers financing solutions to small and mid-cap companies at every stage of their development. Its unique platform allows CAPZA to support companies over the long term by providing them with custom made financing solutions (majority equity, minority equity, subordinated debt, senior debt, etc.). CAPZA is a generalist but has built up strong expertise in supporting companies in the health, technology and services sectors.
CAPZA Group has more than 110 employees based in Paris, Munich, Madrid, Milan and Amsterdam.
More info: www.capza.co
1 CAPZA (formerly Capzanine) is the commercial name of Atalante SAS
2 of which assets managed by a third party and advised by Artemid SAS, valuations as of 31/03/2024 also including funds raised until June 2024.
3 The funds of the CAPZA Transition range are managed by the asset management company CAPZA, and advised by CAPZA Transition SAS which has financial investment advisor status (CIF in France) and is registered under the Orias under the number 18001601 since 03/23/2018.
4 Artemid SAS is a fully owned subsidiary of CAPZA. It is a financial investment advisor (CIF) registered with ORIAS under number 14003497 since 28 May 2014. Artemid SAS advises the Artemid Senior Loan funds which are managed by CAPZA and France Titrisation (only the first vintage is managed by France Tritisation).
Press Contacts
Camille Billiemaz, waterland@the-arcane.com +33 6 31 58 82 37
Laurence Van Doosselaere, vandoosselaere@waterland.be +32 479 77 57 68
