Investment Summary |
|
|---|---|
| Date | 2023-04-03 |
| Target | Worldwide Flight Services |
| Sector | Airlines |
| Investor(s) | SATS |
| Sellers(s) | Cerberus Capital Management |
| Deal Type | Acquisition Financing |
| Deal Value | 1.3B EUR |
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| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Business Services |
| Employees | 50,000 |
| Revenue | 5.2B SGD (2024) |
SATS is a gateway services and food solutions providing company involved in airline catering, food distribution and logistics, institutional and remote-site catering, chilled, ambient and frozen food manufacturing as well as linen and laundry services. SATS was founded in 1972 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Airlines) | 2 of 2 |
| Type (Acquisition Financing) | 1 of 1 |
| Country (France) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-25 |
CAS Group
Jakarta Timur, Indonesia PT. Cardig Aero Services Tbk is an airport services providing company involved in ground handling, cargo handling, aircraft maintenance and catering services. PT Cardig Aero Services was founded in 1984 and is based in Jakarta Timur, Indonesia. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 54 |
| Sector (Airlines) | 1 of 1 |
| Type (Acquisition Financing) | 1 of 1 |
| Country (France) | 2 of 2 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 3 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-09 |
Torngat
Montréal, Quebec, Canada Torngat is a private company developing the Strange Lake project in the Nunavik region of Québec to provide a long-term responsible supply of rare earths required for many high-tech and low-carbon technologies, including electric vehicles and wind turbines. Strong global market growth and a sustainable climate require new sources of responsible rare earth supply. Torngat is based in Montréal, Quebec. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-31 |
Spring EQ
Conshohocken, Pennsylvania, United States Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. It offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. Spring EQ was formed in 2016 and is based in Conshohocken, Pennsylvania. |
Buy | - |
