Deal Announcement

DC Advisory advises Equistone on the acquisition of Sateco from Naxicap Partners

31 Lip 2019

Background

  • Equistone Partners Europe has acquired Sateco from Naxicap Partners
  • Sateco specialises in equipment and safety products for building and civil engineering.  Founded in 1953, the company generated revenue of EUR 68m, with 235 employees, in 2018

Process

  • In a competitive process, Equistone successfully beat other PE houses and international trade buyers attracted by the market share and industrial culture of Sateco
  • DC Advisory has helped Equistone to achieve a positive outcome in its discussions with the seller and the management team

Outcome

  • This transaction demonstrates DC Advisory’s expertise in the construction sector, as well as its ability to accompany its PE clients in their development strategy

Deal Team