Wagram Corporate Finance acted on behalf of Ardian

Groupe Serma Technologies SA operates as a technology consulting and engineering company worldwide. The company performs physical and electrical evaluations on electronic components, boards, and systems in a range of systems, including technology analyses and qualifications, failure analyses, smart cards tests, electrical tests and characterizations, reliability and characterization test on semiconductor processes, qualification programs, and IC modification with FIB. It also provides training sessions, services and security and risk management consulting.

It serves various sectors, such as aeronautics, space, automotive, transport, railway, telecoms, military, assembly, and contract manufacturers. The company was founded in 1991 and is based in Pessac, FranceArdian, the independent investment company has acquired a 43% stake in SERMA Group following Chequers Capital’s exit. SERMA Group is the largest independent provider of consulting and expertise services for embedded electronic technologies and systems in France. The transaction has been completed alongside the management team of SERMA Group, including SERMA’s CEO Philippe Berlié, Olivier Duchmann, Marc Dus, Jean Guilbaud, Bernard Ollivier and Richard Pédreau. 100 managers are also investing, between them taking a 57% stake in the company.

Wagram Corporate Finance

Advised in the sale of

Groupe Serma

to

Ardian

Technology, Media, and Telecom

MidCap Alliance