
Avallon acquires 70% stake in EBS
Polish investor Avallon has acquired a 70% stake in privately owned Warsaw-based maker of remote security systems EBS.
Avallon first visited EBS manufacturing sites in June 2017 and was attracted to the company due to its potential in the growing security systems market, Avallon associate partner Krzysztof Kuźbik told unquote".
The remaining 30% stake will be divided between the management team and the co-founders. Two new managers have been hired to head up the sales and R&D teams, which Avallon considers key to the growth of EBS.
The co-founders retained their roles as CEO and strategic adviser on the supervisory board.
EBS plans to open branches in Latin America and South Africa jointly with local partners. In addition, the company is seeking software and distribution companies in Europe for add-on acquisitions.
Avallon is currently deploying capital from its Avallon MBO Fund II, which held a final close on €109m in January 2014.
Company
Established in 1989 and headquartered in Warsaw, EBS manufactures remote-controlled security systems to protect people and property. The products it offers include GSM transmitters, IP transmitters, car-protection products, GPS systems, and internal and external signalling devices, as well as software for the devices.
The turnover generated by EBS in 2016 was around PLN 40m.
People
Avallon – Krzysztof Kuźbik (associate partner).
EBS – Piort Reszczyk (co-founder).
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