Who owns SABENA TECHNICS?

SABENA TECHNICS has been 100% owned by SAGARD and BPIFRANCE since November 2018.

At what enterprise value was SABENA TECHNICS acquired in 2018?

During the acquisition of SABENA TECHNICS by SAGARD / BPIFRANCE in 2018, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of SABENA TECHNICS when it was acquired by SAGARD / BPIFRANCE?

The estimated EV/EBITDA multiple for SABENA TECHNICS is in the range of 5x - 12x.

When was SABENA TECHNICS acquired by SAGARD / BPIFRANCE?

SABENA TECHNICS was acquired by SAGARD / BPIFRANCE in 2018.

What was the revenue of SABENA TECHNICS at the time of the deal?

The revenue of SABENA TECHNICS at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of SABENA TECHNICS during the acquisition?

SABENA TECHNICS's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the SABENA TECHNICS 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 SABENA TECHNICS 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://capitalfinance.lesechos.fr/deals/lbo/sagard-double-air-france-dans-le-rachat-de-sabena-technics-148080

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.6x.

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Home Database Industry & ManufacturingSABENA TECHNICS

11/2018

SABENA TECHNICS acquired by SAGARD & BPIFRANCE

FRANCE Aerospace, Naval & Defense / MRO (Maintenance, Repair & Overhaul) EV 300M - 700M EUR

Context

Sagard, in partnership with Bpifrance, won the competitive auction to acquire Sabena Technics from the Marchais family (TAT Group), outbidding Air France-KLM, TowerBrook, and Chequers Capital. The sale process was managed by Financiere de Courcelles and led by former Airbus CEO. The deal marks a strategic exit for the Marchais family after 13 years of ownership, while providing Sabena with the institutional backing to consolidate its position in the European MRO market.

SABENA TECHNICS, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in 1953, Sabena Technics is a leading independent provider of MRO (Maintenance, Repair, and Overhaul) services for both civil and military aircraft. The group operates globally with over 3,100 employees. Following the 2022 acquisition of Heli-Union, the company significantly expanded its helicopter maintenance division, which now accounts for one-third of its total revenue.

Ent. Value

Equity Value

Multiples

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Historical Financials (EUR)

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2016

Similar deals in Aerospace, Naval & Defense

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2019	OMNES CAPITAL / ANDERA PARTNERS	SPHEREA	FRANCE	Engines & Systems
01/2019	ARDIAN	REVIMA GROUP	FRANCE	MRO (Maintenance, Repair & Overhaul)
05/2018	TIKEHAU CAPITAL	NEXTEAM	FRANCE	Aerostructures
07/2017	THE CARLYLE GROUP	ADB SAFEGATE	BELGIUM	Aerospace, Naval & Defense
07/2017	ARGOS WITYU	REVIMA GROUP	FRANCE	MRO (Maintenance, Repair & Overhaul)
06/2017	TOWERBROOK / TORREAL / PENINSULA CAPITAL	AERNNOVA	SPAIN	Aerostructures
02/2016	J F LEHMAN	SPECTRUM CONTROL	UNITED STATES	Electronics
02/2016	ADB SAFEGATE / PAI PARTNERS	SAFEGATE INTERNATIONAL	SWEDEN	Aerospace, Naval & Defense
05/2015	WÄRTSILÄ CORPORATION	L-3 MARINE SYSTEMS INTERNATIONAL	GERMANY	Naval
04/2015	SPRINGWATER CAPITAL	AERNNOVA	SPAIN	Aerostructures

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SABENA TECHNICS by SAGARD / BPIFRANCE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: sabena technics

Acquirer: sagard / bpifrance