ASCAUDIT GROUPE has sold a minority stake to Groupe Siparex
October 2016 — ASCAUDIT GROUPE has successfully reorganized its ownership structure through a partial cash-out of the founder and the acquisition of the historical PE fund shares by Groupe Siparex. The company has also raised funds through convertible bonds and senior debt.
ASCAUDIT is a French engineering group that provides services in the design and monitoring of elevators, accessibility and mobility within a building, and monitoring of HVAC systems sectors. The company is involved in projects of high complexity in terms of vertical circulation, such as mechanical stairs and freight elevators.
Groupe Siparex is a principal investment firm specializing in direct and fund of funds investments.
ISATIS Capital SA is a private equity firm specializing in growth capital and buy-out investments. The firm funds internal growth and structuring of companies, external growth operations through acquisitions, internal development, and corporate takeover.
Our role in the transaction
Oaklins' team in France advised ASCAUDIT GROUPE in this transaction. The team secured the cash-out of the historical PE fund, ISATIS Capital SA, with a 30% stake in the company, as well as a partial cash-out of the founder.
Talk to the deal team
Related deals
Cibus 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 moreMulti-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.
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