What we did

Capitalmind Investec assisted Ciclad and BNP Paribas Développement (French Private Equity funds) in the sale of their stake in Mecalectro: from the identification and discussions with French and foreign industrial buyers, to the management of the sales process. This finally led to the takeover offer from a part of the management team, supported by the Peninsular Capital investment fund.

About the deal

Mecalectro is France’s leading manufacturer & marketer of custom electromagnetic materials and equipment for major industrial groups – most notably in the transport, healthcare, aerospace, nuclear and defence industries. The company has more than 100 employees in France, and an annual turnover of 13 million euros.

Since the early 1990s, and after several LBOs, the Mecalectro group has been supported by the Ciclad and BNP Paribas Développement funds, alongside management. After a sales process that included French and foreign industrial buyers, the sellers finally accepted a takeover offer made by part of the management team with the support  of the Peninsular Capital fund.

Target Headquarter
December 2019