From Dealroom · · 50s
Amethis Acquires Majority Stake in €20M French Thermal Specialist
Amethis buys majority stake in €20M French thermal company ATI for international expansion.
In brief
Amethis buys majority stake in €20M French thermal company ATI for international expansion. Amethis has acquired a majority stake in ATI, a French thermal solutions provider, to scale operations across Africa and the Middle East. Originally reported by Dealroom.
Quick answers
- Why Now?
- The deal marks the exit of the Arlane fund, which helped double ATI's size, as it scales into new markets with 60% revenue outside france.
- What is the key takeaway from Amethis Acquires Majority Stake in €20M French Thermal Specialist?
- Amethis has acquired a majority stake in ATI, a French thermal solutions provider, to scale operations across Africa and the Middle East.
Deal Overview
Amethis has acquired a majority stake in ATI Environnement, a French thermal solutions provider, through its Amethis Europe Expansion fund.
ATI Background
ATI designs, assembles, installs and maintains thermal systems for medical and industrial waste incineration, precious metals recovery, and human and animal cremation.
Why Now?
The deal marks the exit of the Arlane fund, which helped double ATI's size, as it scales into new markets with 60% revenue outside france.
The main idea
Amethis has acquired a majority stake in ATI, a French thermal solutions provider, to scale operations across Africa and the Middle East.
