Everaxis, a global player in high-precision rotating solutions, announced the acquisition of 2G Engineering, a strategic move that aligns with its accelerated growth strategy and ambition to expand its presence in the U.S. market. The acquisition of 2G Engineering complements Everaxis’ strong organic growth with acquisitive growth, thus expanding their capabilities while remaining dedicated to their core expertise.
Everaxis’ statment regarding their acquisition reveals that their focus is on expanding their U.S. presence and creating a balanced footprint between the U.S. and global markets. They are highly selective in the companies they choose to partner with, ensuring they align with their business model — highly engineered solutions with strong growth potential.
“2G Engineering has selected Everaxis as a partner for the future. Everaxis has a strong reputation for quality products in the aerospace industry with their engineered-to-order products, and they will provide 2G Engineering the structure and resources needed to help us grow and support our customers well into the future!” stated Emily and Hal Glenn, founders of 2G Engineering.
“I’m humbled that Emily and Hal have partnered with Everaxis for the next step in their evolution. 2G Engineering has a strong track record of innovation and success. We are excited about the opportunities this acquisition brings and look forward to working together to achieve our shared goals. Making what’s already great at 2G Engineering even greater, combined with Everaxis additional growth opportunities, entrepreneurial spirit and robust process will boost our opportunities, and support the long-term relationships we have developed,” added Henry-Dominique Mallet, CEO of Everaxis.
Both companies list their common values and goals as providing excellence, customer focus, innovation, teamwork, and integrity. As a result this alliance will create opportunities for growth in both sub-sea and actuation solutions, while making sure they secure customers’ volumes ramp-up, and maintain strong support, processes, and compliance.
Everaxis is a PE backed company since its creation. Everaxis shareholders and financial partners fully endorsed the transaction. Everaxis has successfully obtained all necessary regulatory approvals, marking a key milestone in the transaction process. Throughout the deal, Everaxis leveraged its network of U.S.-based advisors, including legal, financial, and due diligence experts, ensuring a seamless and efficient acquisition
“We believe the rich U.S. industrial environment is a significant opportunity for Everaxis to roll out our specialist, solution focused strategy, while partnering for additional growth, agility and robustness. Our fully integrated, independent, business unit model supports high customer and market reactivity, while insuring high efficiency and compliance,“ concluded Henry-Dominique Mallet.