Capitem Partenaires and private shareholders have sold SLAT to IdiCo, Garibaldi Participations and the management team
SLAT
SLAT is a leading French provider of proprietary, high-end and innovative low-voltage uninterruptible power supply systems, addressing high-growth and resilient end-markets such as Smart Cities, Smart Buildings, Fire Safety and Access Control. SLAT is recognized for its strong innovation capabilities, best-in-class product portfolio and longstanding commitment to ESG criteria. SLAT provides a comprehensive range of solutions tailored to the needs of a diversified and blue-chip customer base, all within complex and stringent regulatory frameworks. With a team of approximately 75 employees, SLAT generates more than €20 million in sales.
The Deal
The investment in SLAT by IdiCo and Garibaldi Participations marks a key milestone for the company and its management team. Leveraging its technological expertise and market leadership, SLAT’s strategic roadmap for the coming years aims to accelerate its pan-European expansion, by combining organic growth with a proactive M&A strategy, supported by its new shareholders.
IdiCo
As a spin-off from Omnes Capital’s investment activity, IdiCo is a key player in private equity (PE) and private debt in the small to lower-mid cap segment and a subsidiary of the IDI Group. IdiCo invests in French small and medium-sized enterprises and mid-sized companies (minority or majority equity stakes) or bond financing to support them in responsible value creation through three main strategies: lower-mid cap, small cap and private debt. IdiCo manages nearly €1 billion in assets spread across 33 portfolio investments and has supported more than 110 companies in recent years. The management company operates primarily in the healthcare, business-to-business services, technology and industrial sectors.
Garibaldi Participations
A subsidiary of Banque Populaire Auvergne Rhône Alpes, Garibaldi is a PE firm established in 2004 and rooted in the Auvergne Rhône Alpes region. With a team of ten investors across three regional offices, the firm manages a portfolio of 50 investments with total assets under management of €200 million. Garibaldi supports business leaders as a minority investor, fostering trusted relationships and providing active guidance to drive the growth of local companies.
The Lincoln International team has been instrumental throughout the process, bringing unique knowledge of our end-markets and providing valuable advice from day one, combined with strong execution capabilities. We are very excited about this next chapter with our new shareholders.
Meet our Senior Team
View More Transactions in Industrials
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.