American investment company Carlyle acquires Czech microscope manufacturer
Carlyle's acquisition of Tescan Orsay Holding in the Czech Republic was one of the largest M&A transactions of 2022 and is expected to provide long-term growth for the Czech leading developer and supplier of cutting-edge analytical instruments. The Deloitte Debt & Capital Advisory team worked with leading global investor The Carlyle Group to secure financing for the acquisition.
Tescan was founded in 1991 and is headquartered in Brno. It is the world's leading developer and supplier of scanning electron microscopes, scanning electron microscopes with focused ion beam, micro-CT scanners and 4D scanning transmission electron microscopes. Tescan Orsay Holding was established in 2013 by the merger of Tescan with Orsay Physics, which was a pioneer in the development of scanning electron microscopes with focused ion beam.
The company currently has over 750 employees in 14 plants located around the world, including two in Brno. In 2021, it achieved sales of CZK 2.5 billion and supplies its products to semiconductor manufacturers, research laboratories, prestigious universities and innovative industrial and manufacturing companies, for example.
The investment firm Carlyle has a long history of investing in this sector and has extensive experience in collaborating with and expanding similar technology ventures. Tescan Orsay Holding plans to support the future growth of Tescan Orsay Holding by investing in new innovative products and entering new markets.
"This project underlines Deloitte's expertise in debt and equity advisory and its ability to bring added value not only to leading financial sponsors in complex cross-border transactions," adds Jan Brabec, Partner – Financial Advisory
