Atherm has been acquired by APICAP and a manager
The private shareholder of Atherm has sold the company to APICAP and to Romain Lecot, the new manager. Financial details will remain confidential.
Founded in 1988, Atherm is a French leading manufacturer on the market of electrical immersion heaters and is also a main actor on the coolers market, with its cold plates and heat pipe systems. The company, through its two divisions, provides solutions for cooling or heating in extreme conditions, in particular thermal design, mechanical design and engineering, in the medical, military and transport sectors. Atherm serves directly customers located in Europe, Asia, North America, Australia and New Zealand, and has two subsidiaries in China and in India to cover local demand.
Apicap, following the merger between OTC and Agregator Ardens, is a private equity benchmark player that finances and supports French SMEs with turnover between US$1–50 million. The firm's portfolio includes 127 SMEs and the company manages 39 investment vehicles for approximately US$500 million of invested assets.
The former shareholder has reinvested in the new structure.
Oaklins' team in France advised the seller in this transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreMiddlecon has been acquired by Nion
Middlecon has been acquired by Nion, a digital consultancy backed by Stella Capital. The acquisition strengthens Nion’s capabilities in data management and advanced analytics, enabling it to undertake larger and more complex data-driven initiatives for its customers. The partnership with Nion provides Middlecon with a strong foundation for continued growth and expansion.
Learn morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn more