The SERO EMS Group, a leading provider of electronic manufacturing services (EMS) and a portfolio company of DBAG Fund VII, has acquired EPSa-Elektronik & Präzisionsbau Saalfeld GmbH and EPSa Děčín s.r.o. (“EPSa”). A well-positioned sector player who focuses on developing and manufacturing electronic assemblies for medical technology and industrial end markets. This acquisition marks another key milestone in the SERO EMS Group’s growth strategy. EPSa specialises in customer-specific solutions with a high development component and brings valuable expertise and long-standing customer relationships to the SERO EMS Group. This strategic move increases the company’s capacities as well as expanding its portfolio of services in software and hardware development, engineering, rapid prototyping as well as high-mix and low-volume production.
Strategic acquisition opens up new potential
The acquisition of EPSa is a strategically important step towards diversifying the SERO EMS Group’s line of business and adding technological expertise. With decades of experience in developing and manufacturing complex electronics solutions, EPSa is a perfect addition to the group, especially in the areas of medical technology and industrial electronics.
As SERO CEO Jan-Frederik Kalee puts it: “EPSa is an ideal fit for the SERO EMS Group. Its technological abilities and commitment to quality are perfectly aligned with our strategic targets. With EPSa on board, our customers will benefit from even better, more wide-ranging solutions that meet the increasingly complex customer requirements in our focus sectors.”
Ali Sahin, formerly managing director of EPSa and now CTO of the SERO EMS Group, explains: “EPSa is excited about the synergy potential and high cultural fit, both of which will allow us to create differentiated added value for existing and new customers. It is a great honour for me to be appointed CTO of the combined group and it is especially motivating to see how the group’s entities are already being successfully integrated. I am looking forward to being a part of the SERO EMS Group team.”
Strong(er) together in Europe’s mid-market sector
The SERO EMS Group and EPSa share the same vision: to provide consistent quality, drive innovation and focus on the customer. This philosophy is supported by Deutsche Beteiligungs AG, which guides mid-sized companies on their growth path and transitions.
“The SERO EMS Group’s acquisition of EPSa is a prime example of how the private equity sector can help mid-sized companies to hone their competitive edge,” says Jannick Hunecke, member of Deutsche Beteiligungs AG’s Board of Management. “Making strategic investments and pooling expertise helps to create strong platforms that will stand the test of time.”
A bedrock for the future
Integrating EPSa into the SERO EMS Group will not only generate technological and process-related synergies but will also expand the group’s customer base and provide new growth opportunities in key markets. The group will focus on meeting the ever-growing demands of the dynamic EMS industry and on being a reliable partner with innovative solutions.
With DBAG’s support, the SERO EMS Group is pursuing a sustainable growth strategy centred on technological innovation and operational excellence – another example of how the Company is helping to strengthen the German mid-market sector while establishing attractive perspectives for its fund investors at the same time.