DENTRESSANGLE Capital has entered into exclusive negotiations to acquire a majority stake in Presto Engineering, a French company specializing in application-specific integrated circuits (ASICs). Financial advisors Clipperton and Natixis Partners are assisting DENTRESSANGLE in this transaction. Presto Engineering, headquartered in Meyreuil, France, caters to various industries including manufacturing, healthcare, automotive, and telecom sectors. Founded in 2006 in the United States, the company has since expanded globally and is recognized for its comprehensive ASIC services. With DENTRESSANGLE’s support, Presto aims to establish itself as a key consolidation platform in Europe’s ASIC sector, targeting significant growth by leveraging the increasing demand for semiconductors driven by digitalization and developments in AI and IoT. The European Union’s substantial investment plan to double its semiconductor production capacity underpins this growth. Under the continued leadership of CEO Cedric Mayor, Presto is poised for expansion through the augmentation of its design, industrialization, and production capabilities, and is set to enhance its presence in both EMEA and North American markets.

Semiconductor, Private Equity, Technology,France, United States, Europe, Asia

DENTRESSANGLE Capital enters into exclusivity with Presto Engineering’s shareholders for an acquisition of a majority stake in the Company