SATYS CABIN acquired by UUDS

Tikehau Capital has entered into exclusive negotiations to acquire a controlling stake in ScioTeq from OpenGate Capital, which will retain a minority interest in the business. This secondary buyout follows a successful four-year turnaround and carve-out from the American equipment manufacturer TransDigm. Since 2021, the target has significantly improved its operational performance, expanding its international footprint and sharply increasing its profitability. The transaction is supported by a unitranche facility provided by J.P. Morgan. Strategic rationale for the new ownership cycle includes expanding the target's presence in the land and naval defense sectors and pursuing further European bolt-on acquisitions. The partnership aims to capitalize on the structural growth of global defense spending and the target's unique position as a critical European technology provider.

Redwire Corporation has completed the acquisition of 100% of Edge Autonomy from AE Industrial Partners and its affiliates. The strategic transaction, approved by Redwire shareholders on June 13, 2025, establishes the combined entity as a scaled global leader in the aerospace and defense sector. The deal transforms Redwire into a multi-domain disruptor capable of delivering integrated autonomous operations across space and airborne domains. The strategic rationale for the deal is to capitalize on the convergence of space-based and UAS technologies, which are among the fastest-growing trends in defense technology. By adding Edge Autonomy’s UAS platforms, Redwire can now offer AI-enabled, software-defined solutions that provide connectivity from the Earth's surface to the Moon and beyond. The acquisition significantly strengthens Redwire’s financial profile, providing a clear path to profitability with positive Free Cash Flow. The integration was supported by debt financing led by Texas Capital Securities and advised by J.P. Morgan and GH Partners.

Alfa Laval has entered into a definitive agreement to acquire NRG Marine, a specialized provider of ultrasonic anti-fouling technology, in a full strategic buyout expected to close during the second quarter of 2025. This platform investment is a highly synergistic move for the acquirer's marine division, fundamentally aimed at enriching its portfolio of sustainable technological solutions. The integration of the proprietary ultrasonic technology allows the acquirer to offer a comprehensive, multi-faceted approach to the critical issue of bio-fouling, complementing its existing filter and UV treatment capabilities. The transaction is deeply rooted in a sector-wide push for decarbonization and energy efficiency, enabling the integration of solutions that support maritime and industrial clients in navigating increasingly strict environmental regulations while optimizing operational performance.

TriMas has completed the acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH, a maneuver designed to fundamentally reinforce the group's technical operational depth in the European defense and commercial aviation sectors. The strategic rationale for this transaction centers on a "geographic-anchoring" play, merging the target's industry-leading expertise in tie-rods and anti-vibration hardware with the group’s extensive North American distribution and engineering infrastructure. This structural alignment provides the organization with the manufacturing footprint and strategic proximity required to better serve major European Tier 1 suppliers and OEMs.

MBDA has completed the acquisition of the 50% stake held by Safran in Roxel, making the tactical propulsion leader a 100% subsidiary of the MBDA Group. The transaction, finalized on December 19, 2024, and announced in January 2025, marks a significant shift from the joint venture structure established in 2003. Roxel will remain an autonomous entity, continuing to fulfill its contracts with other system integrators and pursuing export opportunities. The strategic rationale for the deal is driven by the urgent need to increase production cadences in a "war economy" environment. Full ownership allows MBDA to better synchronize industrial cycles between missile airframes and their propulsion systems, while accelerating R&D in solid propulsion technologies. This vertical integration is intended to strengthen MBDA’s resilience and industrial sovereignty in France and the UK. The deal was completed following months of strategic positioning, as MBDA sought full control of this essential sovereign asset to manage its massive backlog and future development programs.

PAI Partners and ADIA completed the acquisition of a majority stake in Alvest from Ardian. The incumbent sponsor, Ardian, retains a minority stake, and the founders and management team significantly reinvested in the transaction. This new ownership structure is designed to fund Alvest's next expansion phase, with a heavy emphasis on technological innovation: accelerating the deployment of electric GSE fleets, developing autonomous ground vehicles, and expanding high-margin services such as predictive maintenance and leasing solutions.

Dedienne Aerospace has acquired The Champion GSE, strengthening its footprint in the United States and diversifying its product portfolio. The sale was triggered by the lack of a family successor for the American target. This acquisition allows Dedienne to add "sensitive transport containers" to its existing maintenance tooling offer. Post-acquisition, Dedienne plans to invest EUR5 million in the Ohio facility and double its workforce there within three years. Additionally, Dedienne will replicate Champion's manufacturing capabilities in Europe by opening a new production line at its recently acquired site in Saint-Juery (France) to serve the EMEA market.

Ardian Growth entered into a partnership the management team of JPB Systeme through a minority equity investment. This primary transaction is designed to provide the company with the financial and strategic resources necessary to accelerate its international expansion and sustain its high-paced innovation strategy. The partnership focuses on consolidating JPB Systeme's leadership in its historical aerospace markets while supporting the commercial deployment of its Industry 4.0 innovations, such as Keyprod and Boltrakk. Ardian will leverage its global network to support the group's organizational scaling and its expansion into new industrial segments, aiming to reinforce the company's position as a strategic partner for the world's leading engine manufacturers.

Crane has successfully finalized the acquisition of 100% of Vian Enterprises, integrating the organization into its Fluid Solutions division within the Aerospace & Electronics segment. This strategic transaction is designed to significantly expand the group's portfolio of mission-critical aerospace flow control products, particularly in the lubrication and thermal management segments. The strategic rationale centers on the target’s sole-sourced and proprietary content on the most attractive and highest-volume commercial and military aircraft platforms currently in service. By incorporating the target’s specialized lubrication pump technology, the group strengthens its competitive positioning for future content opportunities on next-generation engines and power units. The partnership is expected to be immediately accretive to segment margins, leveraging a massive existing order backlog that provides technical durability for the combined platform. This integration allows for substantial industrial synergies in research and development and supply chain management, reinforcing the group’s standing as a primary technical partner for global aerospace OEMs. This acquisition highlights the group's commitment to inorganic growth through disciplined financial and strategic criteria.

Adagia Partners and Bpifrance entered exclusive negotiations to acquire ADHETEC from Alvest. The transaction aims to support management in its international expansion and to transform ADHETEC into a consolidation platform for customized protection and decoration products in the aerospace sector.