{"id":60003,"date":"2026-10-22T10:38:27","date_gmt":"2026-10-22T08:38:27","guid":{"rendered":"https:\/\/editing.capitalmind.com\/?post_type=deals&p=60003"},"modified":"2026-10-22T10:44:30","modified_gmt":"2026-10-22T08:44:30","slug":"mbo-secondaire-de-tevah-systemes-soutenu-par-latour-capital","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/fr\/deals\/mbo-secondaire-de-tevah-systemes-soutenu-par-latour-capital\/","title":{"rendered":"MBO secondaire de Tevah Syst\u00e8mes soutenu par Latour Capital"},"content":{"rendered":"\n

Investec a conseill\u00e9 la famille Berda et Capza dans le cadre du MBO secondaire de Tevah Syst\u00e8mes soutenu par Latour Capital<\/strong><\/p>\n\n\n\n

A propos du deal<\/h2>\n\n\n\n

Tevah Syst\u00e8mes est un distributeur \u00e0 valeur ajout\u00e9e de solutions de s\u00e9curit\u00e9 \u00e9lectronique, leader en vid\u00e9osurveillance et en syst\u00e8mes d\u2019alarme. S\u2019appuyant sur des partenariats strat\u00e9giques avec 100 marques, la soci\u00e9t\u00e9 commercialise une gamme cibl\u00e9e de r\u00e9f\u00e9rences disponibles en stock, adapt\u00e9e aux besoins d\u2019une base diversifi\u00e9e et fid\u00e8le d\u2019installateurs et d\u2019int\u00e9grateurs professionnels. Avec sa propre plateforme logistique, elle ma\u00eetrise l\u2019ensemble de la cha\u00eene, de l\u2019importation \u00e0 la distribution, et propose \u00e0 ses clients des services \u00e0 valeur ajout\u00e9e.<\/p>\n\n\n\n

Fond\u00e9e en 2004 par Philippe Berda et dirig\u00e9e par David Berda depuis 2022, la soci\u00e9t\u00e9 a connu une croissance remarquable, son chiffre d\u2019affaires passant de 24 M\u20ac en 2021 \u00e0 pr\u00e8s de 100 M\u20ac aujourd\u2019hui. Cette croissance a \u00e9t\u00e9 port\u00e9e par un mod\u00e8le omnicanal performant, combinant une plateforme e-commerce moderne et un r\u00e9seau strat\u00e9gique de 13 agences. Apr\u00e8s avoir int\u00e9gr\u00e9 avec succ\u00e8s deux acquisitions, Onyx Vision (2024) et Serviacom (2025), Tevah Syst\u00e8mes a finalis\u00e9 en septembre 2026 l\u2019acquisition de RAS Security, distributeur belge \u00e0 valeur ajout\u00e9e sp\u00e9cialis\u00e9 dans les syst\u00e8mes de d\u00e9tection d\u2019intrusion et d\u2019incendie.<\/p>\n\n\n\n

Apr\u00e8s un premier OBO accompagn\u00e9 par Capza en 2022, Latour Capital investit aujourd\u2019hui aux c\u00f4t\u00e9s de la famille Berda et de l\u2019\u00e9quipe de management afin de b\u00e2tir un leader paneurop\u00e9en de la distribution de solutions de s\u00e9curit\u00e9 \u00e9lectronique. L\u2019objectif est de consolider un march\u00e9 europ\u00e9en fragment\u00e9 par croissance externe et d\u2019\u00e9largir le portefeuille de marques actuel.<\/p>\n\n\n\n

Notre r\u00f4le<\/h2>\n\n\n\n

Investec a conseill\u00e9 et accompagn\u00e9 les actionnaires tout au long du processus de cession : <\/p>\n\n\n\n

    \n
  • D\u00e9finition de la strat\u00e9gie de transaction<\/li>\n\n\n\n
  • Identification des investisseurs potentiels<\/li>\n\n\n\n
  • Pr\u00e9paration des supports marketing<\/li>\n\n\n\n
  • Pilotage des due diligences<\/em><\/li>\n\n\n\n
  • Accompagnement du management<\/li>\n\n\n\n
  • Conduite de la lender education<\/em> puis lev\u00e9e du financement d\u2019acquisition pour le compte de la famille Berda et de Latour Capital<\/li>\n\n\n\n
  • Organisation du processus d\u2019ench\u00e8res<\/li>\n\n\n\n
  • N\u00e9gociation des termes de l\u2019op\u00e9ration<\/li>\n<\/ul>\n\n\n
    \n
    \n
    \n \n
    \n \u201c\u201d<\/span>\n\n

    Un immense merci \u00e0 Investec ! Leurs \u00e9quipes se sont pleinement investies pour comprendre Tevah dans ses moindres d\u00e9tails, puis ont pilot\u00e9 notre op\u00e9ration financi\u00e8re d’une main de ma\u00eetre, avec une ex\u00e9cution parfaite \u00e0 chaque \u00e9tape. Engag\u00e9s, r\u00e9actifs et toujours de bon conseil, ils ont \u00e9t\u00e9 de vrais partenaires du d\u00e9but \u00e0 la fin. Nous leur en sommes tr\u00e8s reconnaissants.<\/p>\n<\/div> \n\n – David Berda, CEO, Tevah Syst\u00e8mes<\/cite>\n <\/blockquote>\n <\/div>\n <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

    Investec a conseill\u00e9 la famille Berda et Capza dans le cadre du MBO secondaire de Tevah Syst\u00e8mes soutenu par Latour…<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[],"sector":[3705,3697],"dealtype":[16633,3706,3718],"clienttype":[3720,3699],"class_list":["post-60003","deals","type-deals","status-publish","hentry","sector-business-services-fr","sector-fr-sector-expertise-tmt","dealtype-mbo-fr","dealtype-cession-fr","dealtype-debt-advisory-fr","clienttype-pe-fr","clienttype-mid-market-fr"],"acf":[],"yoast_head":"\nMBO secondaire de Tevah Syst\u00e8mes soutenu par Latour Capital | Investec Business Advisory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investec.com\/advisory\/fr\/deals\/mbo-secondaire-de-tevah-systemes-soutenu-par-latour-capital\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" 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