Satys Electric: CMI conducts a strategic review ahead of the management-led LBO

CMI is proud to have conducted the strategic review of Satys Electric on behalf of Thomas Ponchon and his management team. The process led to a management secondary LBO alongside Siparex

A diversified specialist in industrial electrical solutions

Founded in 1999 in the Jura region of France, Satys Electric designs and manufactures cables and harnesses, electrical cabinets and electromechanical sub-assemblies in small and medium series. It serves major industrial players in energy, rail, medical, data centers and semiconductors.

Since its spin-off from the Satys Group in 2021, the company has expanded internationally through the acquisition of General Manufacturing in the United States and the opening of a new plant in India, in addition to its existing sites in France and Thailand. Benefiting from electrification and data center growth, it now generates around €70m in revenue.

A new stage of development

The transaction allows President Thomas Ponchon and his management team to become majority shareholders. Siparex invests alongside historical shareholders Bpifrance and Carvest, while Capital Croissance exits.

CMI led an in-depth strategic strategic review covering Satys Electric’s markets, positioning and growth outlook.

CMI thanks Capital Croissance for their trust and collaboration throughout this project, and wishes Satys Electric and its new partners every success in this new phase of development.