Cornet Vincent Ségurel assists the head of Apsalys in the takeover of the company by Vulcain Engineering

Published on 18 october 2023


Corporate Law – M&A – Private Equity

Apsalys, a Bordeaux-based company specialising in quality control in the life sciences sector, has been taken over by Vulcain Engineering, an engineering group specialising in energy and pharmaceuticals.

Philippe Charbon, CEO and founder of Apsalys, is handing over the reins ahead of his retirement at the end of the year. He is selling 100% of the capital of the Pessac-based company to the Vulcain Engineering group, backed by Equistone and Sagard. The financing of this transaction was arranged by D&A Corporate Finance.

Apsalys is a French company on a human scale (around ten employees), with a long history in the life sciences, regulatory and information systems markets. Its customers are small, medium-sized and large companies in the pharmaceutical, medical device and other regulated industries. It is involved in regulatory affairs, quality and market access for healthcare products, and provides a software solution to support the launch and marketing of healthcare products.

Apsalys stands out in a niche market thanks to its exclusive partnership in France, Switzerland and Belgium with software publisher Master Control for e-QMS 5 (quality management systems) activities, distributing quality monitoring and control solutions for laboratories.


Vendor: Philippe Charbon (director and founder)

Acquirers :

- Vulcain Engineering: Frédérique Grard, Alban Guilloteau

- Equistone Partners

- Sagard

Advices :

Attorney for the seller : Cornet Vincent Séguel (Stéphanie Gérard)

M&A Advisor to the seller : Clarfield International (Laurence d'Halleine)

Purchasing attorneys: Lawderis Avocats (Faustine Carrière, Bertrand Araud)

DD Financial Purchasers: KPMG TS (Yoann Lefort)

M&A Advisory for the buyers: D&A Partners (Jérôme Da Silva, François Dubourg)

Quick search

Receive our newsletter

Your email address is only used for the purpose of sending Cornet Vincent Ségurel newsletters, in the selected field of interest, as well as the Firm's promotional offers. You can use the unsubscribe link integrated to the newsletter at any time.

For more information on the management of your Personal Data, please consult our privacy policy


Back to top