Conformat Joins Dastex Group as Riverside Expands Cleanroom Holdings
Deal News | Apr 15, 2025 | Riverside
The Riverside Company has announced that its European fund signed a definitive agreement to invest in Conformat, a leading French distributor of cleanroom consumables and equipment. This marks the fifth add-on acquisition for Riverside's portfolio company, Dastex Group, which specializes in cleanroom contamination control. Conformat has a strong presence in life sciences and microelectronics across France and the Czech Republic and aligns with Riverside's mission of socially responsible investments. Riverside's Managing Partner, Karsten Langer, emphasized the strategic nature of this investment within their buy-and-build program. The acquisition diversifies Dastex's geographic reach and strengthens its position in the European cleanroom sector. The leadership and investment team at Riverside cited the complementary nature of Conformat within Dastex Group and outlined ambitious plans for future growth. Former owner Marie-Hélène Baudoux highlighted the historical collaboration between Dastex and Conformat, stressing the logical progression of their partnership. Key figures involved in the transaction included Riverside Europe Managing Partner, Karsten Langer, and Partner Damien Gaudin, among others, who all played pivotal roles in securing this addition to their European investment strategy.
Sectors
- Private Equity
- Cleanroom Industry
Geography
- France – Conformat is a leading French distributor of cleanroom consumables, headquartered in Rueil-Malmaison, and served as the primary entity acquired in this transaction.
- Europe – The Riverside Company and Dastex Group operate strategically within Europe, aiming to expand their cleanroom industry reach across multiple European countries.
Industry
- Private Equity – The article focuses on an investment transaction by The Riverside Company, a private equity firm, into the cleanroom consumables sector.
- Cleanroom Industry – The acquisition of Conformat by Dastex Group highlights developments in the cleanroom industry, including mergers and acquisitions within the sector to enhance geographic presence and market share.
Financials
- Undisclosed – The financial terms of the investment in Conformat by Riverside were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Riverside | Private Equity Firm | Company | Riverside is a global investment firm focused on acquiring and growing smaller middle-market enterprises, spearheading transactions like the investment in Conformat. |
| Conformat | Target Company | Company | Conformat is a leading distributor in France, specializing in cleanroom consumables and equipment for industries like life sciences and microelectronics. |
| Dastex Group | Portfolio Company | Company | Dastex Group is a European leader in cleanroom contamination control, owned by Riverside, and serves as the parent company integrating Conformat. |
| Karsten Langer | Managing Partner | Person | Karsten Langer is the Managing Partner of Riverside Europe, overseeing the firm's European investments, including the Conformat acquisition. |
| Damien Gaudin | Partner and Head of Healthcare | Person | Damien Gaudin led the acquisition of Conformat, bringing the company into the Dastex Group as part of Riverside's European investment strategy. |
| Marie-Hélène Baudoux | Former Owner | Person | Former owner of Conformat, who was involved in the transition of Conformat into Dastex Group under Riverside. |
| Linda Vereycken | Chief Executive Officer | Person | CEO of Dastex Group, overseeing the integration and strategic growth of cleanroom companies acquired by Riverside. |