Isatis Capital supports 2AST, a specialist in generator sets

Founded in 1997 and owned by its current President, Armand Alexanian, 2AST offers a wide range of generator sets with varying power capacities to both private and public clients. The Group has built a strong reputation among major public and private stakeholders, particularly in the healthcare, data center, and industrial sectors, by providing comprehensive solutions for backup power generation and autonomous electricity supply.

Operating across the entire value chain - from manufacturing to maintenance - 2AST delivers complete, turnkey solutions to its clients.

2AST stands out for its strong engineering capabilities, supported by two dedicated engineering offices. The Group’s high-quality service and responsiveness are made possible by a dense network of ten branches across the country. 2AST offers its clients a wide range of tailored solutions, ensuring performance through a comprehensive maintenance and after-sales service offering.

2AST brings a unique perspective to power generation solutions, combining conventional techniques with new technologies, and fossil fuels with renewable energy sources. The company aims to offer alternative and efficient energy solutions (including hybrid and hydrogen-based systems) to a market traditionally dominated by diesel generator sets.

Furthermore, the Group is developing an innovative range of products designed to meet the market’s evolving standards for particle and gas emissions.

2AST has chosen to partner with Isatis Capital to accelerate its development plan and broaden its horizons. This plan includes driving the company’s organic growth by introducing more sustainable solutions, establishing new partnerships, pursuing continuous innovation, and expanding its range of products and services.

In addition, the company intends to strengthen its geographic footprint through new locations and strategic acquisitions.

Lucas Cornette, Investment Director, Isatis Capital :

"We are delighted to partner with Armand Alexanian, founder of the Group, to support him in driving the development of 2AST through an ambitious growth plan combining both organic and external growth. This primary transaction, involving a growing company, is fully aligned with Isatis Capital’s core investment strategy."

Investor

• Isatis Capital : Lucas Cornette, Séverin Lefaure

Company

• 2AST : Armand Alexanian

Investor Advisors

• Legal Advisor : Kramer Levin – Louis Leroy, Eléonore Hervé-Le-Roch
• Financial Advisor : Alvarez & Marsal – Cédric Zana, Guillaume Descamps

Seller Advisors

• M&A Advisor : Clairfield Marseille – Pierre-Alexandre Suide, Charlotte Berthelot, Jordan Uzan

Based in Penne-sur-Huveaune (Bouches-du-Rhône), 2AST has been operating since 1997 in the design, distribution, installation, and maintenance of generator sets. The company provides its clients with comprehensive solutions, from custom design to maintenance, and offers diversified commercial options through the sale or rental of both new and used equipment.

• Founded : 1997
• President : Armand Alexanian
• Headcount : 89 employees
• Over 1,500 active product references

Isatis Capital is an independent asset management company that has been investing in equity for over 20 years alongside ambitious entrepreneurs to accelerate the growth of their SMEs. As a long-term investor, Isatis Capital takes either minority or majority stakes and brings its expertise to support business development.

A signatory of the UN Global Compact, the International Climate Initiative (iCi), and a member of the Task Force on Climate-Related Financial Disclosures (TCFD), Isatis Capital is committed to ESG principles, both in its operations and investment activities.

The firm manages €480 million in assets across several funds, dedicated to institutional clients or distributed through private banks and wealth management advisors.