Senstronic and its management team partner with Andera Partners to accelerate the Group’s development as leading provider of high-performance detection solutions.
Founded in 1986 by Rémi Kirchdoerffer and headquartered in Saverne, France, Senstronic is a leading global designer and manufacturer of high-performance detection solutions. The Group offers sensors and connectors mainly used in industrial automation processes and onboard applications requiring highly-reliable products. Its client-centric approach and R&D-driven DNA allow Senstronic to solve clients’ more complex problems and substantially increase their ROI. Senstronic thus supports the creation and maintenance of advanced and more sustainable automation systems, including electric vehicles’ manufacturing plants. The Group has a loyal and diverse customer base and employs approximately 150 committed and talented individuals worldwide.
Since inception, Senstronic enjoyed a continuous revenue growth, by supporting its clients across Europe and North America. With the arrival of its new CEO Philippe Desnos in 2021 and the support of Andera Partners, the next phase will focus on continuing to be the preferred partner for complex industrial applications, as well as accelerating Senstronic development internationally, also via M&A.
Philippe Desnos, CEO of Senstronic, said: “We firmly believe that the partnership between Senstronic and Andera Partners will form a solid basis for continuing to support and create value for our clients, and will help us accelerate the Group’s development and grow our presence in Europe, the Americas and Asia.”
Rémi Kirchdoerffer, Founder of Senstronic, said: “We are delighted to have Andera Partners’ trust and support and we are confident that Senstronic will become an even stronger partner for our industrial clients globally, to help them cope with increasingly complex automation and sustainability challenges. I am thankful to all Senstronic employees for their contribution, as well as to all our loyal clients for their continuous trust in the Group.”
Sylvain Charignon, Pierre-Yves Poirier, Partners, and Francesco Gonzaga, Investment Director at Andera Partners, said: “Senstronic has a longstanding DNA of product innovation and unparalleled client service, thus creating numerous growth opportunities globally. We are delighted to be partnering with the Company, its CEO Philippe Desnos and its top-quality management team to accelerate Senstronic development, both organically and via strategic M&A.”
Financial terms of the transaction are not disclosed.