Astem Digital acquires Deep Company
Published on :
10/04/2024
10
April
Apr
04
2024
Altaïr Avocats has advised entrepreneur Cédric Baümer and the Astem Digital group, a leading distributor of innovative products for oral health professionals, on the acquisition of Deep Company, a manufacturer of aligners and dental implants founded in 2019.
Astem Digital, founded in 2013 by Cédric Mariotte in Avignon, specializes in supplying innovative products to the dental industry. The acquisition of Deep Company, completed at the beginning of March, saw the participation of entrepreneur-investor Cédric Baümer, who will now take on the role of co-managing director alongside Frédéric Tridon.
Based in Janneyrias in the Nord-Isère region, Deep Company has rapidly established itself as a benchmark in the manufacture of high-end dental solutions, with a strong emphasis on "made in France". The company, headed by Frédéric Tridon and founded by David Piza, employs 24 people.
This strategic operation will enable Astem Digital to strengthen its presence on the French market and accelerate its growth. The synergy between the two companies aims to increase the group's combined sales from €18 million to €50 million over the next five years, while planning to expand their team to 60 employees by the end of 2024.
The participants in this transaction:
Altaïr Avocats advised entrepreneur-investor Cédric Baümer and Astem Digital on corporate aspects, with partner Tessa Parodi de Schonen and associate Elise Yvart.
Astem Digital also benefited from financial advice from Edmond de Rothschild with Guillaume Jaureguiberry and Mariah Atchekzaï.
Deep Company was represented by Fortem Avocat, with Jean-Baptiste Le Jariel and Boris Rieser-Rogues, while the interests of Deep Company's minority shareholders were defended by Me. Mathieu Pointud.
History
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Astem Digital acquires Deep Company
Published on : 10/04/2024 10 April Apr 04 2024Deals EN
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