Tikehau Ace Capital, Bpifrance and Société Générale Capital Partenaires to acquire Crouzet from LBO France.

Investment companies Tikehau Ace Capital, Bpifrance and Société Générale Capital Partenaires agreed to acquire Crouzet, a specialized manufacturer of mechatronic components, from LBO France, a private equity firm in France. Financial terms were not disclosed. "Crouzet is a key manufacturer for demanding industries such as transportation, medical, energy or building. The diversity of market applications they serve brings a remarkable robustness in the face of crisis; during which the company growth remains solid – sustained by a strong demand for vehicle electrification, building electrification and machinery electrification," Thomas Boulman, LBO France Partner.