Deals

MBO of Hemeria (formerly Nexeya)

Provider of electronic systems

Background

Founded in 1997, the Group provides high value-added products and services to major French and international clients such as Airbus, CEA, Comac/Avic, CNES, Naval Group, DGA, Safran, and Thales. Its expertise spans testing, power conversion, mission management systems, and space equipment. The Group was recently selected by CNES to establish the French supply chain for the development and production of nanosatellites.With operations in Germany, Canada, China, Morocco, and Singapore, the Group employs over 800 people and achieved €132 million in revenue with €8.7 million in operating profit in 2015/2016.With operations in Germany, Canada, China, Morocco, and Singapore, the Group employs over 800 people and achieved €132 million in revenue with €8.7 million in operating profit in 2015/2016.

Deal Summary

The management team of NEXEYA has taken control of the group with the support of BNP PARIBAS DÉVELOPPEMENT and CAPZANINE. ACTIVA CAPITAL and Bpifrance have exited their stake as part of this transaction.

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Bertrand Thimonier

Adviso Partners

T: +33 632693219