Digitek, is a high-tech niche company specialized in high-end electronic systems for the automotive sector such as instrument clusters, control units and systems for data acquisition and transmission, with a particular focus on the Formula 1 market. A second line is dedicated to dynamic payment systems (Telepass). 2004 sales of about €30 million.
Selcom is a leading player in the engineering and production of electronic components for a wide range of applications in the automotive, telecommunication and industrial automation sectors. 2004 consolidated sales were €160 million.
Digitek’s shareholders, B&S Private Equity, MPS Venture and the management team, retained Cross Border because of our superior middle-market placing power, to run a selective auction sale of the Company.