Isatis Capital announces the divestment of Texys to Fogale Sensors.

Texys is recognized as a leading player in the design, manufacturing, and marketing of sensors for physical measurements in embedded systems. The group operates across various application fields, including constrained-environment measurement of pressure, force, temperature, speed, and inertia, leveraging technologies such as infrared, fiber optics, strain gauges, and wireless communication.

With operations in France, the United States, and Germany, Texys is positioned close to its clients, who are primarily key players in motorsports, aerospace, and industry.

The sale of Texys to Fogale Sensors is part of the shareholders' strategy to create a leading French player in the development of high-tech sensors, with a broad range of technologies. Fogale Sensors specializes in the design and assembly of capacitive sensors applied in the medical, aerospace, and industrial sectors, following a fabless model.

The merger of the two groups will allow them to diversify their respective product catalogs by offering both off-the-shelf and custom solutions, share technological expertise in capacitive and optical measurement, and create real commercial synergies by leveraging local presences and distribution networks. Philippe Leuwers, President of Texys, will support the transition of the Group alongside Jérôme Porque, CEO of Fogale Sensors, to successfully implement the numerous synergies already identified.

"Its technical expertise and the quality of service have enabled Texys to experience a remarkable growth trajectory since our partnership. The Group has also demonstrated exceptional adaptability and great responsiveness, qualities that have always been ingrained in its DNA, in a particularly demanding market environment. We thank Philippe Leuwers and his teams for this fantastic journey," said Brice Couton, Director of Investments at Isatis Capital.

Advisors to the sellers :

• Financière de Courcelles - Philippe Doré, Philippe Bensussan, Quentin Gros, Luka Cohen

Legal advisors to the sellers :

• Taylor Wessing - Laurence Lapeyre, Dalila Mabrouki, Sarah Erena, Charlène Fofana

Financial due diligence :

• Crowe - Thomas Corbineau

Advisors to the buyers :

• DD&A - Alain Sitbon

Legal advisors to the buyers :

• EY Avocats - Gérard Léonil, Eric Philippot

Isatis Capital is an independent asset management firm, investing in capital for 20 years alongside ambitious entrepreneurs aiming to grow their SMEs. A long-term investor, Isatis Capital takes minority or majority stakes and provides its expertise in supporting growth.

A signatory of the UN Principles for Responsible Investment (PRI) and the iCi Initiative, and a member of the Task Force on Climate-Related Financial Disclosures (TCFD), Isatis Capital ensures compliance with ESG (Environmental, Social, and Governance) 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.