Exact Systems sp. z o.o.

On April 6, 2023 AMC Capital IV SCSp, advised by Accession Capital Partners (ACP) announced provision of mezzanine and equity capital to Exact Systems Group, a pan-European testing, inspection and certification business. AMC IV will have a 25% shareholding in the business following the transaction. Capital will be used to finance exit of minority investor Noble Funds Mezzanine FIZAN co-managed by CVI Dom Maklerski sp. z o.o.

For Exact Systems this is the second management buy-out resulting in increasing managers stake in the company and at the same time inviting long-term financing to support growth of the Company.

Equity Advisors acted as a leading transaction advisor to Exact Systems and the managers.

For Equity Advisors team this is a very important step in our cooperation with managers and Exact Systems after successful MBO in 2018 and multiple acquisitions, which contributed to Company’s value growth.

Exact Systems sp. z o.o. was established in 2004 in Częstochowa. It has become Europe’s leading provider of quality control solutions – selection, repair and sorting of parts, components and finished products for the automotive industry. The main customers of the company are manufacturers of cars, household appliances and electronics as well as their suppliers and sub-suppliers. The firm’s offering is mission-critical for complex just-in-time processes, with the firm supporting over 900 plants for more than 100 OEM, Tier 1 and Tier 2 suppliers.  Currently, Exact Systems has its representative offices in 11 countries: Poland, Czech Republic, Germany, Slovakia, Turkey, Romania, Hungary, Belgium, the Netherlands, Portugal and China. The company cooperates with over 7,000 people he delegates to work for his clients.

Accession Capital Partners (ACP), formerly known as Mezzanine Management, is investing from AMC Capital IV SCSp, which raised €264 million in 2018. ACP’s subsequent fund AMC V SCA SICAV-RAIF launched earlier this year with commitments of over 50% of its €300 million target, and remains open to accept new investors.

ACP has been operating in Central and Eastern Europe since 2000 through its offices in Vienna, Warsaw, Bucharest, Budapest and Prague. To date, the group has raised commitments of more than €1bn in five dedicated growth capital funds. The funds are backed by reputable institutional investors, including the European Investment Fund, the International Finance Corporation, the European Bank for Reconstruction and Development and a number of banks, funds of funds, pension funds and insurance companies from Europe, the US and Asia.

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