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
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 moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more