Capzanine, a European private investment management company, is investing in Alphitan alongside the company’s existing management.
Alphitan is the European specialist in the maintenance of electronic components and motorisation equipment used in industrial processes. Operating in numerous sectors (automobile, food processing, metallurgy, and more), Alphitan has a reputation for technical expertise that has led to its involvement in cutting-edge technologies (robotics, microelectronics and railway) and enabled it to develop close ties with the biggest manufacturers.
Based in Bordeaux, the group which employs 270 people and boasts sales of over EUR30 million, benefits from a strong international presence and in particular an office in China (opened in 2015), a major development for the group given the country’s growth in the field of robotics.
Alphitan’s management team has major ambitions for development, both internationally, especially in China, and with respect to cutting-edge technologies. It is seeking both organic growth and external growth. Capzanine has chosen to support the company’s managers by investing in the group alongside them, within the framework of its Capzanine 4 Flex Equity fund.
Benoit Choppin, Partner at Capzanine, says: “Alphitan is a company with major ambitions, both in France and abroad. We are excited to support the management team in this new stage of development, particularly by enabling them to become majority shareholders.”
Jérôme Siat and Jean Louis Yang from Alphitan, add: “Capzanine is a partner we are delighted to have found, one that we share the same entrepreneurial and human values with. Alphitan now has a strong shareholder structure that is well-adapted to its future challenges in terms of international development and the acquisition of cutting-edge technologies.”