Synopsis

• Alexa Capital acted as an exclusive financial advisor to Netherlands-based Salland Engineering for its strategic sale to Advantest of Japan, the global leader of ATE (automatic test equipment) and instrumentation products
• Salland Engineering is a leader in the semiconductor test application services and ATE instrumentation products with a breadth of global customers
• This acquisition defines Salland Engineering as a dominant European provider of turnkey global test application services, accelerating industry adoption of advanced instrumentation products for ATE for faster silicon design validation

Alexa Capital’s Role

• Alexa Capital managed the strategic capitalisation process through engagement with qualified corporate and institutional investors
• We led all elements of market engagement, including supporting articulation and refinement of the business plan, engagement with investors, transaction structuring and negotiation
• Alexa Capital’s successful completion of this transaction highlights expertise in navigating volatile economic and capital markets, particularly in the semiconductor sector, through our extensive investor relationships, depth of industry experience and clear articulation of strategic fundamentals

Market Implications

• This acquisition will strengthen Advantest’s technical and market leadership, thanks to Salland Engineering’s cutting-edge expertise.
• Alexa Capital continues to focus on delivering strategic value-added capital solutions, including in the power electronics and semiconductor sector