Founded in 1990 by José and Angelo Rodrigues, with headquarters in Ennery, France, HPS International (www.hp-systems.fr) designs, produces, and commercializes high-tech hydraulic cylinders. The company has 70% of its sales in international markets, and has achieved sustained growth over the past few years.
HPS is present in 8 countries, with production sites in Ennery, France; Shenzhen, China; and Sao Paulo, Brazil. This international coverage allows the company to supply dynamic markets in North America and Asia.
Grégory Poitrasson is founding HPS International’s growth on 3 key areas (i) international expansion in North American, German, and Asian markets; (ii) the launch of new innovative products (which are in the end of the test phrase, prior to pre-marketing); and (iii) improvement of manufacturing processes. The company is aiming for major sales growth in the next three to four years. This project has met with high internal approval, since five key executives worked closely on the transaction alongside Grégory Poitrasson and José Rodrigues, the outgoing CEO. Mr. Rodrigues played a significant role in the transaction and will continue to provide support for product innovation.
Capital Export led the transaction, which involved a pool of co-investors comprised of Isatis Capital, Caisse d’Epargne Ile-de-France Capital-Investissement, and Picardie Capital (Caisse d’Epargne Hauts de France). Senior debt is being issued by a regional banking pool composed of Caisse d’Epargne Ile-de-France and Caisse d’Epargne Hauts de France.
“Capital Export was the ideal partner to lead this transaction, thanks to its understanding of manufacturing sectors, its expertise, its international networks, and its pragmatic approach. Capital Export made it possible for me to take on this entrepreneurial adventure by acquiring HPS, which is a perfect extension of my previous experiences. I also appreciate the support of Jose and Angelo Rodrigues, who have built a strong manufacturing and commercial foundation that will pave the way for the company's current and future development.”
CELEC manufactures a large range of optoelectronic sensors based on their proprietary technology (10 international patents). The group provides its clients with high-tech detection and control devices.
CELEC is located in France (Neufchâtel-en-Bray) and China (Ningbo), with 70% of its sales in international markets in three categories: sanitaryware, door automation, and checkout verification.
Capital Export orchestrated a BIMBO transaction with Michel Fardo (from the railway industry), who is working with the existing management team to develop an aggressive growth strategy that focuses on launching new product ranges, conquering new industries, and increasing international sales.
« I’m convinced that with the combined talents of Pierre-Michel, Vincent and Matthieu and the existing employees, as well as the support of Capital Export, we'll be successful in our efforts to further develop CELEC and ensure its long-term viability in this growing market.»
Spengler specializes in the design and sale of medical equipment for health professionals and individuals in France and abroad. A leader in the blood pressure monitoring market, Spengler has extended is expertise to other product ranges: stethoscopes (heart and lung, oximeters), ENT, cardiology, and so on.
Launched in 2008, Green for Health developed the first range of phytotherapy and aromatherapy products for professionals, a fast-growing market.
Netfective Technology specializes in legacy application modernization, and has developed their Blu Age software to automatically migrate major IT systems. Blu Age is so powerful that the company has been able to forge strategic partnerships with major international system integrators.
These partnerships are part of the company’s strategy to supply the software to major international companies, particularly in the Government and Banking sectors, since they have extensive modernization needs that have been further accentuated by the advent of cloud computing.
This strategy will allow Netfective Technology to increase its growth in Europe and the United States, where the company set up a subsidiary in early 2010.
Capital Export supported and financed Netfective’s growth in sales and international expansion.
CBM manufactures heating films and flexible heating systems, one of only 5 such companies in the world. These high-tech products were originally developed for residential and office use, but in the past few years the company has expanded into the industrial, railway, automotive, and medical sectors in France, Europe and international markets (North America and Asia).
The company has a 3-pronged growth strategy: expand its industrial range; launch new innovative heating products; and boost its international expansion, particularly to North America, Europe, and China (where the company has been doing business for several years).
Capital Export helped finance a strategic acquisition as well as cover WCR and investment needs for the expansion plan.
« Thanks to the support of Capital Export, we can strengthen our position in domestic markets and accelerate our international expansion. We decided to work with Capital Export because of their openness and availability, their concrete approach to growth, and the added-value they provide in the export field. ”»
France Elévateur is the leading French manufacturer of vehicle-mounted elevating work platforms. The group is involved in design, assembly, distribution, and rentals.
Thanks to its talented staff and R&D investments, the group is able to design cutting-edge, high-performance materials to meet the specific needs of major international infrastructure groups and transport networks.
Stéphan Pham is an engineer with more than 20 years of experience in the field of manufacturing equipment. Most notably, he oversaw the growth and international expansion of the Trigo Group, a world leader in quality services for industry.
« Capital Export has taken a very active role since the beginning of this primary MBI, providing regular information about the market, specific assistance in regards to the buyout and expansion plans, as well as helpful feedback. I must say that Capital Export's thorough understanding of the industry has greatly simplified our decision-making process, thus improving our chances of success. »
Acquired by its current owner around ten years ago, ALPA is one of the top European players in the licensed products market for school supplies, leather goods, decoration, and souvenirs.
The group is pursuing an open strategy in France and abroad in terms of product lines, distribution networks, and brands. Already well-established in Europe (particularly in Scandinavia, Benelux, Italy, Germany, and Spain), ALPA is considering targeted acquisitions to extend its geographic network in Europe and expand its portfolio of licenses.
Capital Export’s participation involves organizing minority shareholder exits and financing acquisitions.
Adeunis RF is a European leader in the design and sale of radio frequency and wireless solutions. Adeunis provides solutions and finished products for the energy, manufacturing, security, and control industries.
The company recently launched a complete range of telemetry equipment (Automatic Meter Reading – AMR) for the energy industry, and is developing solutions for the promising Internet of Things (IOT) market.
In the last few years, the company has increased its sales throughout Europe and established itself in the United States by creating Adeunis North-America, which has seen sustained growth. Capital Export is participating in this expansion phase both through the product investment plan and financing for the operating cycle.
« Capital Export's investment has provided us with the resources we need to finance our aggressive growth at the international level. We are particularly excited about working with a team of investors that truly understands the challenges faced by growing, exporting SMEs »
Founded in 1994, and acquired in 2011 by Benoit and Valérie Colin, TGE (www.tge-france.com) designs and produces turnkey evaporation and drying equipment. The company is headquartered in Evreux, France. TGE primarily serves large agri-food companies, particularly manufacturing facilities that produce powdered dairy products. TGE doubled in size in three years, and has €13 M in sales, including nearly 30% in international markets.
Building on its proven expertise, TGE is undertaking an ambitious strategy to accelerate its growth: (i) expand its business internationally, (ii) acquire new expertise, and (iii) continue its development in other markets.
Capital Export, in its 8th transaction, is providing its support to the management team surrounding Benoît and Valérie Colin. Senior debt is being issued by a regional banking pool, composed of Caisse d’Epargne Normandie and CIC Nord-Ouest.
"In order to pursue further growth, our search for investors led us to select Capital Export because of its strong international experience. Our long-standing banks have also re-affirmed their trust in TGE during this critical new step for the company and its employees."