AET Technologies has been acquired by Yotta Capital Partners
July 2021 — The CEO and management team of AET Technologies have sold the company to Yotta Capital Partners.
AET Technologies specializes in thermal and furnace solutions dedicated to R&D and production. It covers engineering, design, manufacturing, distribution, and equipment maintenance and qualification. AET Group has three divisions: AET Technologies, Pyrox Thermique Matériaux and Aloxtec. AET Technologies designs and manufactures made-to-measure furnaces, with extensive field expertise (thermal, vacuum, gas, mechanical testing, control and supervision), and is considered a European leader in hot mechanical testing. Pyrox Thermique Matériaux designs, manufactures and distributes standard furnaces. Aloxtec designs and manufactures cutting-edge wet thermal oxidation furnaces, dedicated to VCSEL oxidation. Its technology is over three times more efficient than that of its competitors.
Founded in 2020, Yotta Capital Partners is a private equity and buy-out fund dedicated to smart industry, the industry of the future. Its hybrid team is made up of recognized private equity professionals and top industrial profiles. Committed to the environment, Yotta Capital Partners invests in French industrial SMEs and offers them strong support in their modernization, growth and decarbonization challenges, helping them to take the next step in the fourth industrial revolution. Yotta Capital Partners is a member of the IC 20 and has obtained the Relance label. The transaction includes other investors, such as the new and the former CEOs, other AET managers and Crédit Agricole Sud Rhône-Alpes.
Our role in the transaction
Oaklins’ team in France acted as sell-side financial advisor to AET Technologies’ shareholders. They held discussions with both industrial and financial potential buyers, in France and abroad. The team’s MBI expertise was key to this transaction.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more