M&A Deal Summary

Advent International Acquires Safran Identity & Security

On September 29, 2016, private equity firm Advent International acquired information technology company Safran Identity & Security from Safran for 2.4B EUR

Acquisition Highlights
  • This is Advent International’s 13th transaction in the Information Technology sector.
  • This is Advent International’s 9th largest (disclosed) transaction.
  • This is Advent International’s 13th transaction in France.

M&A Deal Summary
Date 2016-09-29
Target Safran Identity & Security
Sector Information Technology
Buyer(s) Advent International
Sellers(s) Safran
Deal Type Divestiture
Deal Value 2.4B EUR

Target

Safran Identity & Security

Moulineaux, France
website
Safran Identity & Security (Safran I&S) is a provider of identity and security solutions. Safran I&S develops innovative technologies for the public and private sectors globally, including identity management, secure transactions and public security solutions. The company’s technologies are used for a wide range of markets and applications, including production and personalisation of secure ID documents and systems, and biometry-based identification systems.

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Buyer(S) 1

Buyer

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 235 of 330
Sector (Information Technology) 13 of 31
Type (Divestiture) 15 of 37
Country (France) 13 of 18
Year (2016) 10 of 15
Size (of disclosed) 9 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-23 Nets

Ballerup, Denmark

Nets is a payments processing utility for the Nordics region. Nets connects banks, businesses, public sector organizations, merchants and consumers through an international network facilitating digital payments. Nets was founded in 1968 and is based in Ballerup, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 King Koil China

Shanghai, China

King Koil China is a premium manufacturer and retailer of mattresses in China. King Koil China is also rapidly expanding its retail business through both offline and online formats. King Koil China was founded in 2000 and is based in Shanghai, China.

Buy -

Seller(S) 1

SELLER

Safran

Paris, France

website

Category Company
Founded 1924
Sector Aerospace
Employees78,900
Revenue 15.1B EUR (2021)
DESCRIPTION

Safran company operates in four segments: Aerospace Propulsion, Aircraft Equipment, Defence, and Security. Safran was founded in 1924 and is based in Paris, France.

DEAL STATS #
Overall 5 of 7
Sector (Information Technology) 1 of 1
Type (Divestiture) 4 of 6
Country (France) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 Morpho Detection

Newark, California, United States

Morpho Detection, Inc. is a manufacturer and supplier of detection systems and services to improve mission-critical security at airports, borders and other high-risk critical infrastructure sites such as nuclear power plants, military installations and government buildings. It also provides extensive services to maintain and upgrade its broad installed base of equipment and related products.

Sell $710M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-19 Zodiac Aerospace

Plaisir, France

Zodiac Aerospace is an aeronautical company engaged in the development of aerospace equipment and systems for commercial, regional, and business aircraft, as well as helicopters and space applications. Zodiac Aerospace was formed in 1896 and is based in Plaisir, France.

Buy -
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