Menu
Back to publications
22 July 2021

Stehlin & Associés advised the managers and minority shareholders of MC2 Technologies on their LBO

Stehlin & Associés advised the managers and minority shareholders of Microwave Characterization Center, also known under its trade name, MC2 Technologies, in connection with their LBO with Andera Partners and Bpifrance, and the subordinated debt with Tikehau Capital.

MC2 Technologies is a French company, founded in 2004 by Nicolas Vellas, alongside Christophe Gaquiere and other Lille academics, valued at over 50 million euros. Its core business is the design and development of cutting-edge microwave technologies, dedicated in particular to anti-drone control and the detection of hidden objects.

MC2 Technologies designs, assembles and markets radars and drone jammers, passive cameras for object detection as well as microwave products such as power amplifiers or transceiver modules.

The company has developed (with the support of an aid program for innovative SMEs of the General Directorate of Armament) a cutting-edge technology, unique in its kind, aiming the security and the fight against terrorism, namely a portable scanner that can detect objects under people’s clothes, not under a gantry but on the move.

The Stehlin & Associés team advsing the managers and minority shareholders of MC2 Technologies in respect to their LBO, was led by partners Armelle Maître and Marc Pierre Stehlin, on the corporate / mergers and acquisitions aspects of the transaction.