L-3 MARINE SYSTEMS INTERNATIONAL acquired by WÄRTSILÄ CORPORATION

PAI Partners has completed the sale of ADB SAFEGATE to Carlyle in a LBO ter, following a multi-year value creation and transformation phase. The deal represents PAI’s exit from the company after a period of international expansion and industrial consolidation. The sale process was run as a competitive auction for a mid-cap international industrial asset, involving both financial sponsors and strategic infrastructure and aviation players. Carlyle Europe Partners IV emerged as the successful bidder and will support management in the next phase of growth

Argos Soditic took a 60% controlling stake in Revima to resolve a long-standing shareholder dispute between the president and the other two owners. The latter two retained 40% of the capital and partnered with Argos. The deal aimed to unlock a major investment plan ("tens of millions of euros") to expand Revima's industrial footprint globally, specifically by establishing maintenance sites in Asia and America, and developing a trading business for second-hand aircraft parts (USM).

The investment in Aernnova Aerospace by TowerBrook Capital Partners, Torreal, and Península is a strategic move to support the company's growth and development in the aerospace sector. The deal requires regulatory approval from Spain, the U.S., and the European Union, and is subject to certain conditions being met. The investment will provide Aernnova with the necessary resources to drive its strategic vision and objectives, and will enable the company to capitalize on opportunities for further development and expansion in the global aerospace industry

In February 2016, PAI Partners, through its portfolio company ADB Airfield Solutions, agreed to acquire Safegate from Fairford Group, which had owned the business since 1991. The transaction was designed to combine two highly complementary airport technology providers and create a global leader in advanced airfield guidance and airport operational systems. The acquisition significantly expanded ADB’s capabilities beyond airfield lighting by adding Safegate’s aircraft docking guidance systems, gate management solutions and air traffic control technologies

The acquisition of Aernnova by Springwater Capital and the company's management team is a strategic move to support the company's continued growth and development. The investment is expected to provide Aernnova with the resources and expertise needed to expand its presence in the global aerospace industry, and to pursue new opportunities for growth and innovation. The deal is also expected to provide a strong return on investment for Springwater Capital, and to support the firm's strategy of investing in leading companies in the aerospace industry

Exchange Income Corporation’s acquisition of Provincial Aerospace Ltd. marks a strategic entry into the specialized sovereign aerospace defense sector, acquiring an international maritime surveillance platform to complement its stable domestic regional aviation portfolio. The transaction represents a planned exit for the founding shareholders, capitalizing on the asset's mature multi-continental footprint while transferring ownership to an institutional sponsor equipped with the balance sheet capacity to fund large-scale aircraft acquisition and sensor integration programs

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PAI Partners acquired ADB Airfield Solutions from Montagu Private Equity in a control buyout following a prior carve-out from a former industrial group. ADB is a global leader in airfield ground lighting (AGL) systems, providing end-to-end solutions including runway and taxiway lighting, power supply equipment, and monitoring and control systems for airport operations. The company serves more than 2,000 airports across over 175 countries, with a strong international footprint and significant exposure to emerging markets

MBO Partners has finalized the acquisition of an 80% controlling majority stake in LMB from the American industrial conglomerate Honeywell, executing a strategic cross-border carve-out transaction. The transaction capital structure was financed via a conservative mid-leverage model, utilizing a senior debt package representing slightly under 2.5x EBITDA alongside a balanced debt-to-equity ratio of approximately 1:1. The investment thesis centers on a classic primary buyout framework that transitions the company back to domestic ownership

Montagu Private Equity acquired ADB from Siemens through a carve-out transaction designed to separate the airport lighting business from the German industrial group. The transaction led to the creation of ADB Airfield Solutions as an independent company, bringing together operations, employees and customer relationships previously spread across several Siemens entities. Following the acquisition, Montagu supported the company's transformation into a standalone global platform, focusing on international expansion, operational development, technology enhancement and growth in emerging markets