MCH Private Equity and Eurazeo Sell Majority Stake in Fermax to Ardian

MCH Private Equity and Eurazeo have agreed to sell their majority stake in Fermax to Ardian. Fermax specializes in residential access control and connected solutions, with operations in 85 countries. This sale is subject to regulatory approvals. MCH and Eurazeo expect a cash-on-cash multiple of 2.6x and an IRR close to 40% from this transaction.

Fermax, founded in 1949 and based in Valencia, Spain, has grown under MCH and Eurazeo since March 2023. Under the leadership of CEO Jeremy Palacio, Fermax outperformed its financial targets. The company's recent expansion includes acquiring S-Labs in Poland. Ardian's acquisition aims to further Fermax's international growth and technological advancement.