About the deal

Created in 2001, BF Display Solution integrates modules and components into electronic assemblies, advertising screens, industrial PCs that are used in PoS advertising, showrooms, hotels, urban display, etc. Despite the Covid pandemic, BF Display is expected to deliver robust financial performances in 2020, similar to 2019.

Founded in 2013 with the acquisition of Syscom Electronique and 5 subsequent build-ups, Syscom Prorep has turned into a leading privately-owned value-added supplier of electronic components and electronic sub-assemblies. The group sources (from a panel of global manufacturers) components, embedded systems, display solutions, connectivity and power components which technical features are promoted to 700+ clients active in various industries. Syscom-Prorep distinguishes itself by its ability to intervene upstream of its clients’ R&D projects, advising on the most appropriate technical solutions to meet customer specific demand.

By acquiring BF Display, Syscom Prorep strengthens its display offering and builds-up its client portfolio as well as its electronic module integration capabilities. The acquisition was fully financed through bank loans from HSBC and BECM.

What we did

Capitalmind Investec advised Syscom Prorep founders throughout the acquisition process and related financing, from deal tactics, valuation guidance, due diligence monitoring, negotiations with the target owners to negotiations with lenders.