11
Oct. 2019
LBO Small Cap

LBO France takes a minority stake in Alantys Technology

Paris, October 11 th , 2019 – Alantys Technology, the specialist distributor of electronic components, is restructuring its capital by bringing in LBO France through its FPCI LBO France Capdev FRR France fund. The deal will fund the company’s next growth phase, which will focus on its strong international ambitions. Founder managers Sylvain Maillard and Florian Deloppinot, as well as Mikaël Coffre, Head of Sales, will remain majority shareholders once the deal is complete.

Alantys Technology was founded in 2001 by Sylvain Maillard and Florian Deloppinot and specializes in the distribution of electronic components through three main business lines: Cost Saving, Shortage/Obsolescence and Franchised Distribution. Positioned in the open distribution market, Alantys Technology acts as an outsourced procurement office for its customers and is able to source a wide range of electronic components with full traceability. Based in France, the company does 85% of its business internationally, with subsidiaries in Germany and China and representative offices in Benelux, Italy and Spain. With 65 employees, Alantys Technology’s 2018 achieved a revenue of €32 million, up sharply on the prior year illustrating its robust business model and the management team’s ability to build positions in a global market estimated at $8 billion.

As a leading French open distribution company, Alantys Technology, supported by the LBO France teams, plans to accelerate its international development through organic and external growth.

“We were particularly attracted by the management team’s strong commercial DNA and its potential to develop in new geographies, including the American market” said Philippe Karmin, Partner at LBO France.

“We are delighted to welcome LBO France as a minority shareholder to help finance our ambitious growth plan” said Florian Deloppinot, co-founder of Alantys Technology.

Main participants in the transaction:

Buyers and advisers

Founders: Sylvain Maillard, Florian Deloppinot

Founders’ lawyers: Alice Karoubi

Founders’ financial advisor: OshirA Group (Benjamin Cohen)

LBO France: Jean-Marie Leroy, Philippe Karmin, Emmanuel Fiorentino, Charles Béal

Legal, tax and social compliance and consultancy to LBO France: Everlaw (Ran Hamou, Vanessa Itzkovitch)

Financial due diligence LBO France: EY (Jean-François Nadaud, Philippine de Lalun)

Strategic due diligence LBO France: L.E.K. (Serge Hovsepian, Frédéric Dessertine, Ronan Bourgain)

Finance

Société Générale (Julien Nauroy) Bank’s lawyer: CMS Francis Lefebvre (Benjamin Guilleminot)

About LBO France

As a key player in private equity with €6bn of commitments, LBO France is an independent company that has been supporting French and Italian companies in their growth for more than 30 years. Its investment strategy is built on 4 distinct segments managed by dedicated teams: (i) Mid Cap Buyout through the White Knight funds and Small Cap Buyout through the Hexagone/Small Caps Opportunities funds, (ii) Venture Capital through the SISA/Digital Health funds, (iii) Real Estate through the White Stone and Lapillus funds, (iv) Debt. Historically focused on Institutional and Family Office investors, LBO France has recently launched the FCPR White Caps Selection, a private equity fund accessible to individuals through multi-strategy funds. LBO France is 100% owned by its management and employs nearly 60 professionals. In the framework of its Small Cap investment strategy, LBO France has been awarded a mandate by Fonds de Réserve pour les Retraites, with the capacity to perform minority capital development investments.

www.lbofrance.com

Press officers

Agence Shan

Lola Gozlan – + 33 1 44 50 58 78 – lola.gozlan@shan.fr

Léa Schultz – + 33 1 42 86 82 41 – lea.schultz@shan.fr

 

 

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