Atherm has been acquired by APICAP and a manager
December 2015 — 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.
Our role in the transaction
Oaklins' team in France advised the seller in this transaction.
Talk to the deal team
Related deals
Contrinex has joined Nordson
Contrinex S.A., a Swiss technology leader in high-performance sensors for factory automation, has been acquired by Nordson Corporation, a US-based precision technology company. Contrinex will become part of Nordson’s Advanced Technology Solutions segment. The acquisition complements Nordson’s test and inspection portfolio with expertise in sensing technologies for harsh environments and miniature precision positioning, expanding its capabilities in factory automation and control. Contrinex will benefit from Nordson’s global sales infrastructure and continued investment in bringing its technologies to more customers worldwide.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreFreeway Fleet Systems has been acquired by Movement Software
Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.
Learn more