Lincoln International advised Latecoere, a portfolio company of Searchlight Capital Partners, on the sale of MADES to Cicor

Latecoere, a portfolio company of Searchlight Capital Partners, has sold MADES to Cicor.

MADES

MADES provides safety and mission-critical electronic assemblies manufacturing for leading original equipment manufacturers (OEMs) across the aerospace and defense (A&D) and broader industrial sectors. With more than 30 years of experience, MADES delivers comprehensive, value-added electronic manufacturing services (EMS) spanning the entire product lifecycle. It has cultivated long-term partnerships with a diversified portfolio of blue-chip customers, being recognized for its unwavering technical expertise and reliability.

The Deal

Latecoere engaged Lincoln International to find the next partner for MADES because of Lincoln’s deep expertise in the EMS industry. Lincoln facilitated various discussions with investors that shared MADES’ vision and values, and Cicor Technologies emerged as the ideal partner.

Our Perspective

Chaim Lubin, Lincoln International Managing Director who led the transaction, commented, “This transaction epitomizes how EMS companies can grow and expand strategically to benefit their customers, through mergers and acquisitions. MADES has consistently demonstrated strong leadership in the A&D space and, with Cicor’s backing, is well-positioned to build on this trajectory—particularly as the A&D market shows exceptional momentum for the future.”

Latecoere SA

Latecoere is a leader in the aeronautics industry, specializing in aerostructures and interconnection systems. The company collaborates closely with major aircraft manufacturers and airlines, providing products from design to production.

Cicor Technologies Ltd.

The Cicor Group is a global provider of full-cycle electronic solutions from research and development to manufacturing and supply chain management, serving leaders across the medical, industrial and A&D industries.