Sale of a majority stake in MSV SYSTEMS CZ s.r.o.

VGD Corporate Finance acted as the exclusive financial advisor to a seller during the sale of a 51% stake in MSV SYSTEMS CZ s.r.o. to investment group TARPAN.

The goal of the transaction was to find a suitable investor who would help the company with further growth and global expansion. MSV SYSTEMS CZ is a leading Czech manufacturer of robotic machines for the bending and forming of tubes, generating annual revenues of EUR 6m, with potential for significant growth.

MSV SYSTEMS CZ covers the whole process of research & development, design, production and final installation of (i) robotic machines and equipment for metal and plastic pipes forming, (ii) equipment for pipes shape inspection, (iii) conveyor systems and (iv) industrial automation. The company was founded in 1995 and is seated in modern premises in an industrial zone in Liberec.

The company is focused on international customers from the automotive industry and additionally also from the food-processing industry. Revenues of the company reach EUR 6m with an EBITDA of EUR 0.8m and 70 employees. The goal of the company is to double revenues in 5 years by production optimization and the strengthening of sales team and service network.

TARPAN Group is an independent group joining forces to help owners, founders and family offices to strengthen the business and to grow internationally. Apart from the investment activities, TARPAN also provides services in specific situations of M&A, corporate finance, distressed businesses and with interim management. These activities are topped up with legal services provided through the associated law firm TARPAN Legal.

The transaction was successfully closed in May 2017.