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Private Equity | Aerospace, Defense & Security

Apissys has been sold to Reflex CES

December 2022 — Reflex CES has acquired Apissys, becoming a leading French industrial company in the high-end electronic sector.

Reflex CES is a French designer and manufacturer of high-speed boards and rugged system solutions based on high-density FPGAs and embedded processors for the space and defense industry. After having completed a secondary LBO backed by Credit Mutuel Equity and Definvest (BPI France), Reflex CES acquired Apissys.

Apissys designs and manufactures high-speed data conversion and signal processing solutions based on FPGAs, with a focus on COTS (commercial off-the-shelf), products for the defense sector. The company also provides system integration using its own products as well as third parties’ boards and sub-systems. This acquisition will provide product line and commercial synergies, a wide range of COTS products for defense applications, extended R&D development capabilities, and an expanded network of distributors and representatives to accelerate the commercial development of the group in Europe, Israel and the US.

Our role in the transaction

Oaklins’ aerospace, defense and security team in France assisted Reflex CES throughout the acquisition process.

Parties

Talk to the deal team

Raphaël Petit

Managing Partner
Toulouse, France
Oaklins France

Sophie Zanella

Director
Toulouse, France
Oaklins France

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