Smile Invest acquires majority stake in Sentech
| Target | Sentech |
| Advisory sell side | Orange Corporate Finance | M&A Advisory LXA Advocaten | Legal Advisory Corporate M&A |
| Buyer | Smile Invest |
| Advisory buy side | JSA Tax | Tax Advisory CORP. | Legal Advisory Corporate M&A Schut Van de Ven | Legal Advisory Corporate M&A |
| Date announced | 2022-03-25 | Data Room provider | Virtual Vaults |
Story:
Dutch private equity firm Smile Invest has acquired a majority stake in Sentech, a company specialising in the design and assembly of custom sensor solutions. Sentech's products are used worldwide in the semiconductor industry as well as in the automotive, healthcare and aggrotech markets. Founder of Sentech, Marcel Figge, states that 'with Smile Invest, Sentech gains a partner who not only has the necessary network, capital and technical knowledge, but also 100% matches their vision to create long-term value for their customers in a transparent way'.
Smile Invest is a European evergreen investment firm with €350 million under management, funded by 40 entrepreneurial families with a long-term focus on innovative growth companies. The firm focuses on companies around three investment themes: digital, health and sustainability.