M&A Deal Summary

gategroup Acquires Inflight Service Group

On December 2, 2015, gategroup acquired consumer services company Inflight Service Group from Triton Partners for 130M CHF

Acquisition Highlights
  • This is gategroup’s 1st transaction in the Consumer Services sector.
  • This is gategroup’s 0th largest (disclosed) transaction.
  • This is gategroup’s 1st transaction in Sweden.

M&A Deal Summary
Date 2015-12-02
Target Inflight Service Group
Sector Consumer Services
Buyer(s) gategroup
Sellers(s) Triton Partners
Deal Type Add-on Acquisition
Deal Value 130M CHF

Target

Inflight Service Group

KISTA, Sweden
Inflight Service Group is an airline buy on board provider in Europe, with a focus on the Nordic and Baltic regions.

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Buyer(S) 1

Buyer

gategroup

Zurich, Switzerland
Category Company
Founded 2008
Sector Business Services
DESCRIPTION

gategroup is an independent provider of products, services, and solutions related to a passenger’s onboard experience. gategroup specializes in catering and hospitality, provisioning and logistics; and onboard products and services to companies that serve people on the move. gategroup was formed in 2008 and is based in Zurich, Switzerland.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Triton Partners

Frankfurt, Germany

Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 15.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Triton Partners is an investment firm focused on investing in medium-size companies headquartered in Western and Northern Europe. This includes businesses in Germany, Switzerland, Austria, Denmark, Finland, Norway, and Sweden. Triton generally pursues market leading companies with the potential for change, as well as growth opportunities through operational improvements. Sectors of interest include business services, consumer products, consumer services, healthcare, and industrials. Triton Partners was formed in 1997 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 23 of 51
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 13 of 28
Country (Sweden) 9 of 15
Year (2015) 5 of 6
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-18 Suomen Lähikauppa Oy

Helsinki, Finland

Suomen Lähikauppa (SLK) is the largest grocery store operator with two national retail chains: Siwa and Valintatalo.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-04 battenfeld-cincinnati

Bad Oeynhausen, Germany

battenfeld-cincinnati is a global extrusion equipment and services company that provides engineering and innovation. The company supplies extrusion equipment and downstream processing equipment, in addition to extensive tooling, dies, spare parts, and service capabilities, for the global pipe, profile, film, and sheet markets. Its operations span Europe, the United States, and Asia and include long-established and storied brands, such as Battenfeld-Cincinnati, Exelliq (formerly known as Greiner Extrusion), and Simplas. battenfeld-cincinnati was founded in 1943 and is based in Bad Oeynhausen, Germany.

Sell -
Mergr

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