LBO France (EXXELIA)

On 15 December 2010, our client LBO France completed the acquisition of EXXELIA Group (former Eurofarad) from Qualium (Groupe Caisse des D‚pots) in a tertiary buy-out. Qualium originally acquired EXXELIA from Axa Private Equity in 2004.

EXXELIA Group concentrates its activities on the design and manufacture of customized high technology products : capacitors, filters, precision mechanics, precision potentiometers, slip rings an wound magnetics components (transformers, inductors, sensors) with non-standard products representing more than 90% of the total production. Key end-markets include aerospace & defense (more than 50% of total revenues), rail, medical, oil and telecommunications. EXXELIA Group currently has approximately 900 employees across 5 companies and operates 7 manufacturing plants.

Canaccord Genuity acted as sole financial advisor to LBO France.