
SGCP et al. back Milexia
A consortium of investors has backed France-based Milexia, a distributor of high-tech components, systems and scientific instrumentation.
Societe Generale Capital Partenaires (SGCP), BPI France and Isatis Capital all acquired minority stakes in the business.
The three GPs will support the company's acquisition ambitions in western Europe, following bolt-ons in Italy and Spain in 2006 and 2011, respectively.
Company
Founded in 1971 and based in Verrières-le-Buisson, Milexia France specialises in the distribution of radio-frequency and microwave components, along with instrumentation for electronic and telecoms applications.
The business has also been managing the distribution of laboratory equipment and scientific instrumentation for sample observation and elementary analysis since 1981. Generating revenues of €60m, Milexia employs 86 staff.
People
Milexia – Pascal Gandolfini (CEO).
Societe Generale Capital Partenaires – Henri Johanet (investment director).
BPI France – Luc Doyennel (investment director).
Isatis Capital – Nicolas Schwindenhammer, Charles Collin (investment directors).
Advisers
Equity – Grant Thornton (financial due diligence); LEK Consulting (corporate finance); Paul Hastings (legal).
Company – Lamartine Conseil (legal).
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