Andera Partners has strategically facilitated the merger of Spherea and Averna to form a leading independent global entity in Test and Quality Engineering, supported by a €200 million continuation vehicle with Ardian as a lead investor.

Target Company Overview

Spherea, based in Toulouse, France, is a prominent engineering firm that specializes in providing mission-critical test systems for the Aerospace and Defense sectors. As a cornerstone of its industry, Spherea delivers cutting-edge solutions aimed at enhancing safety, quality, and efficiency. The company's commitment to innovation has positioned it as a key player in the ever-evolving technological landscape.

Averna, headquartered in Montreal, Canada, complements Spherea’s offerings as a global provider of test and quality solutions across various sectors, including medical devices, smart devices, data centers, and autonomous vehicles. Together, these companies form a strategic alliance aimed at capitalizing on their combined expertise and resources to address the complexities of testing in multiple industries.

Industry Overview

The Aerospace and Defense industry in France is robust, underpinned by significant government spending and a strong private sector driven by innovation and technological adv