Secondary Buyout • Aerospace

TCR Capital Acquires Aresia

On February 26, 2014, private equity firm TCR Capital acquired aerospace company Aresia from Argos Wityu

Acquisition Context
  • This is TCR Capital’s 1st transaction in the Aerospace sector.
  • This is TCR Capital’s 15th transaction in France.
Investment Fate
  • Aresia was sold to a consortium of financial buyers in 2017.
  • Aresia was sold to a strategic buyer in 2021.

Explore All 103 Secondary Buyout Aerospace Deals - Search the Database Free


M&A Deal Summary

Date February 26, 2014
Target Aresia
Sector Aerospace
Buyer(s) TCR Capital
Sellers(s) Argos Wityu
Deal Type Secondary Buyout

Target Company

Aresia

Villeneuve la Garenne, France
Aresia (old) is a reference equipment supplier present on all types of aircraft (combat, mission or transport aircraft, commercial aircraft, helicopters, drones, etc). The company provides carriage equipment (pylons, ejectors, release units, cargo hooks), external fuel tanks, live-fire training systems and radar solutions for the armed forces, on-board electronic equipment, cabling and test benches, and flight controls and complex electromechanical subassemblies. Its mission is to design, manufacture and maintain equipment for the civil and defense aeronautical sector, with an ongoing requirement for industrial excellence and customer satisfaction. Aresia (old) is based in Villeneuve la Garenne, France.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

TCR Capital

Paris, France

Category Private Equity Firm
Founded 1980
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

TCR Capital is an independent private equity firm specializing in middle-market French buyouts and corporate spin-offs. TCR invests in companies generating €20 to €200 million of revenue. TCR generally seeks to be the lead (or co-lead) investor and will consider both majority and minority positions. Sectors of interest include business services, consumer services, specialized distribution, leisure, and niche manufacturing. The Firm will not invest in real estate, business start-ups, turnarounds, heavy industry, or companies exposed to either technology or commodity risk. TCR Capital was formed in 1980 and is based in Paris.


Deal Context for Buyer #
Overall 16 of 17
Sector: Aerospace 1 of 1
Type: Secondary Buyout 7 of 8
Country: France 15 of 16
Year: 2014 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-28 SET Environnement

Wissous, France

SET Environnement is a provider of asbestos removal. SET Environment plans very precisely the different work phases, in order to ensure flawless work within the allotted time, while retaining absolute traceability of materials, materials, analyzes carried out, and operators. SET Environnement was established in 1986 and is based in Wissous, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-05 Locabri

Brignais, France

Locabri operates two complementary businesses, the rental of modular structures to clients requiring temporary warehouse space and the design and assembly of these structures. Locabri was founded in 1975 and is based in Brignais, France.

Buy -

Seller Profile 1

SELLER

Argos Wityu

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Argos Soditic is a private equity firm that seeks majority or minority investments in small to medium sized companies headquartered throughout Europe. Argos Soditic will consider investments in public or private companies generating revenue of €20 to €600 million. The Firm's target investment size is €10 to €100 million. Funds are typically used to support management buyouts/buy-ins, divestitures, and growth capital needs. Argos Soditic is a generalist investor with interest in aerospace, manufacturing, distribution, business services, chemicals, marketing, industrial products, packaging, staffing, medical products, and healthcare services. Argos Soditic was formed in 1989 and is headquartered in Paris.


Deal Context for Seller #
Overall 21 of 41
Sector: Aerospace 1 of 2
Type: Secondary Buyout 13 of 20
Country: France 13 of 26
Year: 2014 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Implanta

Milan, Italy

Implanta (Odos Service) offer a complete range of dental services. These services go from hygiene to implantology, with hospital class standards and the capability to handle, in addition to ordinary patients, those more fragile under long-term treatment at the hospital. Implanta (Odos Service) is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-20 Valco Group

Ruffec, France

Valco Group manufactures and services industrial valves for a wide range of industrial applications. Valco Group supply valves and related products and services for applications worldwide within the Marine sector, Oil & Gas upstream, Oil & Gas downstream, and Energy & Industry, with cryogenic valves a specialty. Valco Group was founded in 1949 and is based in Ruffec, France.

Buy -

Explore Related M&A Activity