M&A Deal Summary

Aeroports de Paris Acquires PS

On August 22, 2024, Aeroports de Paris acquired consumer services company PS from TPG

Acquisition Highlights
  • This is Aeroports de Paris’ 1st transaction in the Consumer Services sector.
  • This is Aeroports de Paris’ 1st transaction in the United States.
  • This is Aeroports de Paris’ 1st transaction in California.

M&A Deal Summary
Date 2024-08-22
Target PS
Sector Consumer Services
Buyer(s) Aeroports de Paris
Sellers(s) TPG
Deal Type Add-on Acquisition

Target

PS

Los Angeles, California, United States
PS is a private luxury terminal serving commercial flights at Los Angeles International Airport. PS offers a back door to your aircraft, along with seamless security and Customs clearance, as well as luxury amenities before and after your flight. PS is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Aeroports de Paris

Tremblay-en-France, France
Category Company
Founded 1945
Sector Airlines
Employees28,174
Revenue 5.5B EUR (2023)
DESCRIPTION

Aeroports de Paris owns and operates airports worldwide. The company operates through Aviation, Retail and Services, Real Estate, International and Airport Developments, and Other Activities segments. Aeroports de Paris was founded in 1945 and is based in Tremblay-en-France, France.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 265 of 267
Sector (Consumer Services) 5 of 5
Type (Add-on Acquisition) 93 of 94
State (California) 63 of 63
Country (United States) 191 of 193
Year (2024) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-27 Altimetrik

Southfield, Michigan, United States

Altimetrik is a pure-play digital business services company that focuses on delivering business outcomes with an agile, product-oriented approach. The company provides a blueprint to develop, scale, and launch new products to market faster. It builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-size increments. Altimetrik was founded in 2012 and is based in Southfield, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-03 CLEAResult

Austin, Texas, United States

CLEAResult provides energy efficiency, transition, and sustainability services. The company collaborates with a diverse network of local partners to deliver world-class technology and personalized services, making it easy for commercial and industrial businesses, governments, utilities, and residential customers to reduce their energy use and greenhouse gas emissions. CLEAResult was founded in 2003 and is based in Austin, Texas.

Sell -
Mergr

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