At what enterprise value was AIR SUPPORT acquired in 2022?

You can find the full valuation details of AIR SUPPORT on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AIR SUPPORT when it was acquired by IXO PRIVATE EQUITY / BNP PARIBAS DEVELOPPEMENT?

The exact EV/EBITDA multiple for AIR SUPPORT is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

What was the revenue of AIR SUPPORT at the time of the deal?

The revenue of AIR SUPPORT at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AIR SUPPORT during the acquisition?

AIR SUPPORT's EBITDA is estimated to be in the range of 0M - 5M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AIR SUPPORT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AIR SUPPORT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.airsupport-mro.com/ixo-private-equity-et-bnp-paribas-developpement-accompagnent-la-croissance-dair-support/

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Home Database Industry & ManufacturingAIR SUPPORT

12/2022

AIR SUPPORT acquired by IXO PRIVATE EQUITY & BNP PARIBAS DEVELOPPEMENT

FRANCE Aerospace, Naval & Defense / MRO (Maintenance, Repair & Overhaul) REV 10M - 30M EUR

Context

Air Support has completed a leveraged buyout (LBO) transaction with iXO Private Equity, an existing shareholder, and BNP Paribas Développement, which is joining the company's capital to support a new phase of growth for the aerospace maintenance specialist. This operation enables Sabine Tertre, the company's president, to continue developing the group while relying on financial partners capable of supporting her ambitions in France and internationally. The financing is complemented by a banking pool led by Caisse d'Épargne Midi-Pyrénées, Banque Populaire Occitane, and LCL. This transaction takes place as Air Support is experiencing sustained growth in the maintenance, repair, and overhaul (MRO) market for aerospace equipment. With over 200 clients across nearly 40 countries, the company has progressively strengthened its position as a reference player in high-value-added technical segments, combining activities such as embedded equipment repair and on-site technical assistance. The LBO aims to provide the company with the necessary financial resources to accelerate its commercial expansion, reinforce its international presence, and continue investing while maintaining a high level of service quality. This deal also illustrates the growing interest of investors in specialized players in the aerospace value chain, who benefit from a diversified customer base, recognized technical expertise, and favorable exposure to the growth of global air traffic. The transaction demonstrates the attractiveness of Air Support's business model, which is well-positioned to capitalize on the increasing demand for MRO services driven by the expansion of the global aerospace industry.

AIR SUPPORT, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 1992 and headquartered in Pujaudran, Gers, Air Support is a leading French specialist in the maintenance, repair, and management of aerospace equipment. The company primarily focuses on engine components and associated systems used by airlines, maintenance workshops, and major players in the aerospace industry. With its recognized technical expertise and certifications meeting the most stringent industry standards, Air Support has established itself as a benchmark in a market where reliability, safety, and regulatory compliance are paramount. The company offers a comprehensive range of services, including inspection, repair, overhaul, and logistics management for a wide variety of aerospace components. Each year, Air Support handles several thousand pieces of equipment, leveraging its specialized industrial infrastructure and highly skilled teams to meet the demands of its clients. Its expertise enables the company to support the growing needs of the aviation sector, particularly in the context of a sustained recovery in global air traffic and increasing fleet maintenance requirements. With a global customer base of over 200 clients across approximately 40 countries, Air Support collaborates with several major civil and industrial aerospace players, solidifying its position as a trusted partner in the industry.

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Other operations with AIR SUPPORT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	SOCIETE GENERALE CAPITAL PARTENAIRES / IXO PRIVATE EQUITY / BNP PARIBAS DEVELOPPEMENT	AIR SUPPORT	FRANCE	Aerospace, Naval & Defense	The transaction involves Société Générale Capital Partenaires joining the shareholder base of Air Support alongside existing investors iXO Private Equity and BNP Paribas Développement. This investment marks the third buy-out for Air Support, following previous investments in 2017 and 2022

REFERENCES

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AIR SUPPORT by IXO PRIVATE EQUITY / BNP PARIBAS DEVELOPPEMENT are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: air support

Acquirer: bnp paribas developpement / ixo private equity