M&A Deal Summary

Lufthansa Technik Acquires FLYdocs

On June 13, 2016, Lufthansa Technik acquired software company FLYdocs from Growth Capital Partners

Acquisition Highlights
  • This is Lufthansa Technik’s 1st transaction in the Software sector.
  • This is Lufthansa Technik’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-06-13
Target FLYdocs
Sector Software
Buyer(s) Lufthansa Technik
Sellers(s) Growth Capital Partners
Deal Type Add-on Acquisition

Target

FLYdocs

Birmingham, United Kingdom
FLYdocs is a technology company whose software as a service platform provides paperless aviation records management and online aircraft transition services to commercial airlines, aircraft lessors, and other aviation industry participants worldwide. FLYdocs was formed in 2007 and is based in Birmingham, United Kingdom.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Lufthansa Technik

Hamburg, Germany

Category Company
Sector Aerospace
DESCRIPTION

Lufthansa Technik is a manufacturer and provider of maintenance, repair, overhaul, and modification services for civil aircraft. With tailored maintenance and overhaul programs and state-of-the-art repair methods, the company ensures the technical reliability and availability of its customers'? fleets. It is an internationally licensed maintenance, production, and development organization. The main divisions of Lufthansa Technik (Maintenance, Overhaul, Component Services, Engine Services, VIP & Executive Jet Solutions, and Landing Gear Services) serve more than 750 customers worldwide. Lufthansa Technik is based in Hamburg, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Growth Capital Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2009
PE ASSETS 250M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Growth Capital Partners LLP is a private equity firm that seeks investments in small to mid-sized UK based businesses. GCP provides both debt and equity capital for profitable companies with strong growth prospects and experienced management teams. The Firm typically looks to invest £10m - £50 million. Specific areas of interest include business support services, leisure, transport and distribution, consumer products and specialist engineering. Types of transactions include MBOs, growth capital financings, and secondary or tertiary buyouts. Growth Capital Partners formerly known as Close Growth Capital was spun out of Close Brothers Group plc and became independent in 2009. Growth Capital Partners LLP is based in London.


DEAL STATS #
Overall 21 of 32
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 9 of 13
Country: United Kingdom M&A 20 of 31
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Wrap Film Systems

Telford, Shropshire, United Kingdom

Wrap Film Systems is one of the largest film and foil converters in Europe, producing a range of innovative dispensing products for use in the catering and hospitality sectors and, more recently, retail.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 ARO

Godalming, United Kingdom

ARO is a provider of business-critical services to UK SMEs and mid-market customers, including mobile, fixed-line, hosted telephony, data, IT and energy solutions. ARO was established in 2005 and is based in Godalming, United Kingdom.

Buy -