Lincoln International: Ardian has agreed to acquire a majority stake in Swissbit

Ardian has signed an agreement to acquire a majority stake in Swissbit. The company’s management team will remain shareholders and continue in their roles to further the successful development of Swissbit in partnership with Ardian.

Swissbit is a leading global manufacturer of NAND flash storage and security solutions and was originally founded through a management buyout from Siemens Semiconductor in 2001. With more than 25 years of industry experience, Swissbit has become a worldwide leader in industrial grade storage solutions, supplying high-quality, high reliability and secure solutions for critical applications including industrial, IoT, medical, communications and automotive, among others. The products are manufactured exclusively at Swissbit’s state-of-the-art production facility in Berlin, Germany. Swissbit employs more than 230 people in 12 locations around the world.

Lincoln International acted as the exclusive M&A and debt adviser to Ardian in this transaction, supporting the acquirer in all aspects of the deal – including valuation advice, industry knowledge and perspective, process management, due diligence and negotiation support, as well as arranging the bank financing for the transaction. The transaction adds to Lincoln International’s successful track record in the global technology and semiconductor spaces and demonstrates once more Lincoln’s proven buy-side and debt advisory expertise in Switzerland.

The parties have agreed not to disclose any financial details.