Founded in 1953, and headquartered in France, Sateco specializes in the manufacturing and distribution of metal formwork equipment for concrete forming. It became a leading player in its market segment through constant focus on service and innovation, and by successfully diversifying its client base from local small- and medium-sized enterprises to national and international construction companies. Sateco’s offering also includes equipment rental, the sale of second-hand equipment, as well as maintenance and training.
“LGT Private Debt is extremely pleased to support Equistone as well as the management team of Sateco, to consolidate its leadership and support the company in its next development phase," stated Olivier Meline, Managing Director at LGT Private Debt. "We have worked with Equistone on several occasions, and value their ability to capitalize on their significant experience in specific market segments. We were particularly attracted by the outstanding management team, the company’s proven track record and leading position in their markets, as well as the extraordinary market feedback and longstanding relationships Sateco has with its clients.”
“LGT Private Debt has proven to be a professional and flexible partner,” said Arnaud Thomas and Thierry Lardinois, Partners at Equistone. “Their team differentiated through their ability to propose a flexible financing solution tailored both to the requirements of the transaction and to the needs of the business.”