Founders and Société Générale Capital Partenaires, Isatis and bpiFrance have agreed to sell a majority stake in Milexia to Crédit Mutuel Equity
Headquartered in Saint-Aubin, France, Milexia is a pan-European leader, specializing in the value-added distribution of electronic components, subsystems and scientific instrumentation, addressing mainly the defense and space sectors, but also the civil industry. Milexia manages an extensive portfolio of fully complementary electronics solutions including radiofrequency and microwave, embedded systems, power, timing and satcom. As a value-added distributor, Milexia has developed a highly technical value proposition and assists its loyal customer base in the selection and design of electronic components and sub-assemblies intended for blue-chip industrial companies operating in various high-end sectors.
Born from the merger of two (French and Italian) distributors, Milexia has continued its development with a successful buy-and-build strategy including in Spain, the UK and Germany. Leveraging its unique European footprint and value-added business model and with the full support of Crédit Mutuel Equity, Milexia is poised to further consolidate the fragmented European electronics distribution market. Lincoln International was mandated to act as the exclusive financial advisor to Milexia’s shareholders. Lincoln led a highly competitive process involving only financial sponsors able to support Milexia’s organic and inorganic growth ambitions. The transaction will remain subject to the approvals of the relevant regulatory authorities.
Géraud Estrangin, Managing Director in Lincoln’s Paris office, commented, “Milexia is an excellent example of the successful emergence of a European leader in the electronic distribution market through the combination of companies led by entrepreneurs. We remain impressed with Milexia’s successful development and are delighted to have advised the founders, financial sponsors and management in this important transaction and to have found the most suitable shareholder to take Milexia to the next level.”
Crédit Mutuel Equity
Crédit Mutuel Equity groups all the private equity activities of Crédit Mutuel Alliance Fédérale: capital development, capital transmission / transfer and capital innovation. The firm provides capital support to directors, at all stages of the development of their company – from start-up to transfer – by giving them the resources and time required to implement their transformation projects. Crédit Mutuel Equity boasts more than 350 directors who share their convictions and questions within a real network of entrepreneurs, which offers everyone, regardless of the nature of their project, the assurance of benefiting from the experience of others. By investing its own capital (€4 billion), Crédit Mutuel Equity finances companies’ projects with timelines that are adapted to their development strategy, in France, Germany, Switzerland and Canada.
Lincoln’s deep domain expertise in electronics value-added distribution was instrumental to our successful sale process. The entire Lincoln team delivered valuable advice from day one with total client-oriented dedication and precise process execution.
Meet our Senior Team
View More Transactions in Industrials
Lincoln International advised Wind Point Partners on the acquisition of Central Moloney Incorporated
Lincoln International advised Rivean Capital on the sale of ELCEE Group to Torqx Capital Partners
Lincoln International advised OmniMax International on the sale of Amerimax Fabricated Products to a family office
Wise Equity, in collaboration with its portfolio company FIMO Group, has acquired a majority interest in WANHO
Lincoln International advised centrotherm clean solutions on its sale to Busch Vacuum Solutions
Lincoln International advised Industrial Growth Partners on the sale of CLIMAX to Specialized Fabrication Equipment Group, a portfolio company of Gladstone Investment
Lincoln International advised TriWest Capital Partners on the sale of ZyTech Building Systems to RONA, a portfolio company of Sycamore Partners
Lincoln International advised Convent Capital on the sale of CROWD to Tikehau Capital
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.