Apr’ 2022

CAPZA Transition supports Tevah Systèmes

CAPZA acquires a stake in Tevah Systèmes, an independent distributor of security systems.

CAPZA announces the acquisition of a minority stake in Tevah Systèmes, a major player in the distribution of electronic security systems to professional installers. CAPZA’s investment in Tevah Systèmes will be made through its CAPZA Transition fund, which specialises in strategic turning points.


Founded in 2004 by Philippe Berda, Tevah imports and distributes electronic security systems (video surveillance, access control, alarm, intercom and network), while also offering value-added consulting services.


The company, which is experiencing strong growth, has achieved a turnover of more than 24 million euros in 2021. Established in Ile-de-France and since 2019 in Guadeloupe and Perpignan, Tevah has recently opened agencies in Lyon and Marseille, and plans to extend its coverage of the French territory to get even closer to its customers. This success is linked to the quality of Tevah’s offer, due to its partnerships with the leading brands, the availability of products, and the quality of its digital logistics.

We are supporting Tevah in a major strategic turning point, which combines family transmission, accelerated growth, and business model evolution.
Emmanuel Bonnaud, Managing Partner, CAPZA Transition SAS.

At the same time, Philippe Berda wished to take a key step in the family’s transmission by remaining Chairman and entrusting his son David with the General Management. His two other sons Benjamin and Ruben are also involved in the company in logistics and commercial functions.


CAPZA Transition fund supports the family transmission by financing a primary OBO.


“We are supporting Tevah in a major strategic turning point, which combines family transmission, accelerated growth, and business model evolution. We are convinced of the potential of the company, which is backed by tremendous entrepreneurial energy.” – Emmanuel Bonnaud, Managing Partner, CAPZA Transition SAS.


“This opening of capital comes at a key moment in our development and we are very enthusiastic to see CAPZA Transition join the adventure. This partnership will enable us to strengthen our strategic position in the security market and to initiate several external growth projects” – David and Philippe Berda, Managing Director and Chairman of Tevah Systèmes.


This is the 8th operation of the CAPZA Transition fund, which invests to support companies at strategic turning points.

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