Clairfield advises Alcea on the sale to Assa Abloy

Founded in 1995, Alcea designs and provides security supervision software and related access control hardware. The company has achieved a strong position in the French market leveraging on advanced and comprehensive proprietary technology including access control, visitor management, intrusion detection, video surveillance, and electronic key cabinets. Alcea is recognized for its reliable solutions for managing critical sites especially in the telecom, transportation, defence, and banking sectors, with blue-chip recurring clients including Orange, SNCF, Air France, Thalès, Engie, Safran, and SFR Altice. Located near Paris, Alcea achieves EUR 20m+ in revenue and employs 120 people.

Assa Abloy Group is the global leader in access solutions. Headquartered in Sweden and listed on the Stockholm stock exchange with a market capitalization of EUR 20 billion, Assa Abloy operates worldwide with 51,500 employees and sales of EUR 8.6 billion. The Group has leading positions in areas such as door openings, trusted identities, and entrance automation.

The sale process conducted by Clairfield started last year and was finalized in October 2022 after obtaining all required authorizations.

Clairfield International acted as exclusive financial advisor to the sellers, including the founder, managers, and private shareholders of Alcea.

‘Special thanks to Pascal Lenglart, founder and CEO of Alcea for trusting us to manage the sale of the company he founded 25 years ago. Since then, Alcea has become a leader in access control solutions, with proprietary technology, software, chosen by the largest French customers, notably to protect sensitive sites.

‘Clairfield has once again demonstrated its ability to execute a complex and tailor-made transaction with an international buyer, the Swedish group Assa Abloy, to advise an entrepreneur, and to match the culture of a family business with the one of a EUR 20 billion market capitalization group.’

– Thierry Chetrit, founding partner and deal lead