# Andera Partners to acquire majority stake in MasterGrid from Ardian

Andera Partners signed an exclusive agreement to acquire a majority stake in MasterGrid, a provider of maintenance services and equipment for critical electrical infrastructure, from Ardian. The transaction is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2025-05-22
- Where: Grenoble, France
- Status: announced
- Products: maintenance services for critical electrical infrastructure, high-voltage equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (partner)
- [Andera Partners](https://endata.com/companies/52516.md) (acquirer)
- [MasterGrid](https://endata.com/companies/82211.md) (target)

## Sources

- [anderapartners.com](https://www.anderapartners.com/en/andera-partners-announces-the-signing-of-an-exclusive-agreement-with-ardian-to-acquire-a-majority-stake-in-mastergrid-alongside-the-management-team/), 2025-05-22: "Andera Partners announces the signing of an exclusive agreement with Ardian to acquire a majority stake in MasterGrid alongside the Management team"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.