Capiton Quantum successfully sells AEMtec to Micross
Capiton has successfully sold its portfolio company AEMtec Group („AEMtec“) to Micross Components, Inc. (“Micross” or the “Company”), a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital. AEMtec is the European go-to-partner for most advanced development and production of complex opto- and microelectronic technology solutions.
Berlin-based AEMtec serves customers from fast-growing end-markets such as Semiconductors, Med & Bio Tech, Industrial Automation, Aerospace & Defense, or Datacom in solving most complex technology challenges. Covering a broad technological value chain, customers rely on AEMtec’s unique process and production knowhow supporting development and series production of highly engineered modules and subsystems. AEMtec employs more than 300 people across locations in Berlin, Dresden and Boston.
Since the investment of Capiton V in 2018, AEMtec has undergone significant growth, developing into a true one-stop-shop for its customers. In 2023, AEMtec was acquired by the Continuation Vehicle Capiton Quantum providing additional capital for growth including investments in additional capacities in Berlin and the acquisition of aSpect Systems in 2024. The group will now serve as a valuable extension of Micross’ European footprint, capitalizing on its trusted customer relationships and technological expertise.
Jim Cannon, CEO of Micross: “We are excited to welcome AEMtec to the Micross family, as their world-class expertise in advanced packaging, photonics and optoelectronics will augment our capabilities and accelerate our ability to deliver cutting-edge solutions to our customers. AEMtec establishes our first scaled foothold in continental Europe, augmenting our existing European facilities in the United Kingdom and Denmark, and positions Micross as a leading supplier of high-reliability microelectronic products and services. Together, we look forward to pursuing new business opportunities and expanding our reach in high-growth markets across Europe and beyond.”
Robert Giertz, CEO of AEMtec: „We are delighted to join Micross and together capitalize on the significant growth capabilities of both, AEMtec and Micross. Our broad technological expertise and end-market exposure strategically align with Micross’ capabilities and provides our customers and employees a promising future.“
Thomas Brake, Partner at Capiton: „Since our first investment in 2018, we have worked closely together with the management team to elevate AEMtec to the leading technology solution provider for highly complex opto-electronic modules in Europe. We would like to thank the entire AEMtec team for their trust and exceptional commitment throughout this successful partnership. AEMtec is a perfect example of our Capiton focus sector approach for „High-tech Industrials“ – we aim to provide deep sector expertise together with a unique sector network and market access thereby being a valuable strategic partner to the companies we are invested in. With Micross, we are delighted to have found the perfect partner for AEMtec to continue this successful growth trajectory. We wish AEMtec, its management team and employees all the best for this next chapter under new ownership.”
The sell-side was advised by: Lincoln International as exclusive M&A advisor, Milbank (legal counsel), Fortlane (commercial), PwC (financial), and Flick Gocke Schaumburg (tax).
The transaction is subject to approval by the relevant authorities.
Capiton is an independent, owner-managed private equity firm that manages a total fund volume of €1.6 billion. The investment portfolio of capiton AG currently comprises 14 medium-sized companies. As an equity partner, Capiton supports management buy-outs and growth financing in established medium-sized companies.