Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce it has provided a credit facility to support FCDE (“Fonds de Consolidation et de Développement des Entreprises”) with its acquisition of Bertin Technologies (“Bertin” or “the Group”), a specialist player in the development and integration of scientific instrumentation systems.
Founded in 1956, Bertin Technologies has been a long-standing privileged partner of blue-chip clients in highly demanding industries such as life sciences, nuclear detection, big sciences, defence and security, space, medical waste and is well positioned in large and resilient underlying markets, driven by favourable fundamentals. With staff of 470 people, Bertin Technologies is an industrial company with exceptional mastering of the development and commercialisation of advanced technologies and their applications in critical environments.
Bertin is backed by FCDE which supports the development and transformation of French SMEs and mid-cap companies with high growth potential. On 1st December 2021, FCDE announced signing an agreement with CNIM and Equitis Gestion to acquire Bertin Technologies, alongside the broader management team.
Kartesia provided an unitranche facility to support this acquisition. The capital was deployed from Kartesia’s Senior Opportunities fund (KSO I). The deal team at Kartesia included Damien Scaillierez, Charles-Henri Clappier and Alexis Midol.
Charles-Henri Clappier, Director at Kartesia, commented: “We are thrilled to support FCDE in its acquisition of Bertin Technologies, a French leading instrumentation company at the forefront of both technological and industrial innovations. We are really impressed by the specialist and differentiated business positioning of Bertin, which provides proprietary solutions to a blue-chip customer portfolio. We look forward to working with FCDE and Bertin’s management team to carry out the group’s ambitious strategic growth plan.”