Mayer Brown advised FCDE in the acquisition of the SELP group

Paris - Mayer Brown advised private equity firm, FCDE, in the financing of the acquisition of the SELP group, a supplier of payment, loyalty and identification solutions to governments, banks and major brands.

With this acquisition, FCDE becomes the majority shareholder of the SELP group, alongside its key executive team. The transaction also allows a number of new key executives to become shareholders of the group.

Founded in 1956, SELP is a group specialized in the design and manufacturing of smart cards (electronic identity documents, bank cards, prepaid gift cards) and digital solutions. Acquired by the Martek family office and the current management team in 2013, SELP has pursued a successful strategy of moving up the value chain, relying on a solid industrial base and developing the services, systems, and digital solutions associated with its products. SELP is today an integrated and reputable player, growing strongly and capitalising on a prestigious customer base in 65 countries.

This operation will allow SELP, supported by FCDE, to accelerate its growth strategy across all its business segments and to support SELP’s industrial capacity, aimed in particular at acquiring new and complementary expertise.