M&A Deal Summary

Royalton Partners Acquires Litcargus

On March 11, 2011, asset manager Royalton Partners acquired airliner Litcargus

Acquisition Highlights
  • This is Royalton Partners’ 1st transaction in the Airlines sector.
  • This is Royalton Partners’ 1st transaction in Lithuania.
Investment Fate
  • Litcargus was sold to a strategic buyer in 2019.

M&A Deal Summary

Date 2011-03-11
Target Litcargus
Sector Airlines
Buyer(s) Royalton Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Litcargus

Vilnius, Lithuania
Litcargus is an independent privately owned ground handling company in Lithuania. The company operates in Vilnius and Kaunas International Airports and offers a full range of ground handling services , such as passenger and baggage handling, ramp services , cargo and mail handling, also ticketing and GSA Service. UAB Litcargus acquired by Royaltaon through Central European Airport Services, a Luxembourg holding company. Litcargus was formed in 1993 and is based in Vilnius, Lithuania.

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Buyer(S) 1

Buyer

Royalton Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1996
PE ASSETS 150M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Royalton Partners is a private equity firm focused on acquisitions throughout Central and Eastern Europe (Poland, Czech Republic, Hungary, Romania, Bulgaria, Slovenia, Estonia, Latvia, Lithuania, and Croatia). The Firm targets opportunities in financial services, media, education, green energy, transportation, telecommunications, and retail. Royalton Partners was formed in 1996 and is based in Luxembourg.


DEAL STATS #
Overall 10 of 13
Sector: Airlines M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 10 of 13
Country: Lithuania M&A 1 of 1
Year: 2011 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-28 Energy Power Group

Czech Republic

Energy Power Group generating and feeding electricity to the Czech national grid from its (total) 5.142 MWp solar power plants located in Tuchlovice and Semanin, Czech Republic.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-18 KOM-EKO

Lublin, Poland

KOM-EKO is a waste management company, with activities including municipal and commercial waste collection, sorting and processing centers and landfills in Lublin and Krasnik. KOM-EKO was founded in 1994 and is based in Lublin, Poland.

Buy zł39M