M&A Deal Summary

The Carlyle Group Acquires ADB Safegate

On July 17, 2017, private equity firm The Carlyle Group acquired aerospace company ADB Safegate from PAI Partners for 910M EUR

Acquisition Highlights
  • This is The Carlyle Group’s 15th transaction in the Aerospace sector.
  • This is The Carlyle Group’s 55th largest (disclosed) transaction.
  • This is The Carlyle Group’s 4th transaction in Belgium.

M&A Deal Summary

Date 2017-07-17
Target ADB Safegate
Sector Aerospace
Buyer(s) The Carlyle Group
Sellers(s) PAI Partners
Deal Type Secondary Buyout
Deal Value 910M EUR

Target

ADB Safegate

Zaventem, Belgium
ADB Safegate is a provider of intelligent solutions that deliver superior airport performance from approach to departure. ADB Safegate partners with airports and airlines to analyze their current structures and operations, and jointly identify and solve bottlenecks. ADB Safegate portfolio includes solutions and services that harmonize airport performance, tackling every aspect of traffic handling and guidance, from approach, runway and taxiway lighting, to tower-based traffic control systems and intelligent gate and docking automation. ADB Safegate was founded in 1947 and is based in Zaventem, Belgium.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 594 of 744
Sector (Aerospace) 15 of 17
Type (Secondary Buyout) 85 of 130
Country (Belgium) 4 of 5
Year (2017) 14 of 29
Size (of disclosed) 55 of 137
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-17 Ubox

Beijing, China

Ubox manufactures vending machines and owns a national vending machine network in China.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-18 Præsidiad

London, United Kingdom

Præsidiad is a producer of force protection solutions, integrated perimeter security systems, and industrial mesh production and fencing products. Præsidiad is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

PAI Partners

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 16.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

PAI Partners is a European private equity firm that makes controlling equity investments in buyout transactions valued in excess of €300 million. PAI is particularly interested in 'investing in consolidating sectors and in markets where growth can be sustained through economic and financial market cycles.' Sectors of interest include consumer retail, professional distribution, building materials, infrastructure and utilities, media, IT, communications, food, consumer goods, healthcare, chemicals, automotive, aeronautics, paper & packaging, electrical appliances, and household equipment (heating, air-conditioning, security). The firms invest in the range of €100 - €300 million transaction. PAI was formed in 1998 and is based in Paris with additional offices in Madrid, Milan, Munich, Luxembourg, Copenhagen, and London.


DEAL STATS #
Overall 37 of 50
Sector (Aerospace) 2 of 2
Type (Secondary Buyout) 18 of 25
Country (Belgium) 1 of 1
Year (2017) 6 of 7
Size (of disclosed) 14 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-08 DomusVi

Suresnes, France

DomusVi is a provider of services to elderly people. It provides a full range of services to 42 000 residents and customers with 315 nursing homes, 16 residential facilities, 5 mental care facilities and 50 home care agencies throughout France, Spain and China. DomusVi was founded in 1983 and is based in Suresnes, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-25 Refresco Gerber

Rotterdam, Netherlands

Refresco Gerber is a soft-drink company provides fruit juice and soft drinks for retail private labels and ‘in contract’ manufacturing for international A-brands. Refresco Gerber was founded in 1999 and is based in Rotterdam, Netherlands.

Buy €2M