Exxelia

Leading designer and manufacturer of complex passive electronic components

Exxelia ("the Group") has been developing products with the highest level of reliability to meet the requirements of aerospace, defence, rail, medical, oil and gas and telecommunications blue-chip customers for over 50 years. The Group’s ability to produce products that combine extreme technical performance, quality and flawless reliability has established Exxelia as an international leader within its field.

At the time of exit, Exxelia Group marketed its products under various brands to reflect its multi-technology positioning: Eurofarad, Dearborn, Microspire, Firadec, Sic Safco, Temex Ceramics, Astema and Vertura. The Group operates in Europe, the US, Asia and Africa.

Exxelia is headquarted in Paris, France.

IK Partners acquired the Group from LBO France in December 2014, and its stake was sold to HEICO in January 2023.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Continue organic development on the back of strong underlying markets;
  • Increase penetration in the US and expand footprint in Asia; and
  • Drive consolidation of the market via a buy-and-build strategy.