mynth
04/2015

SPRINGWATER CAPITAL

invests in

AERNNOVA

SPAIN Aerospace, Naval & Defense / Aerostructures REV 450M - 900M EUR

Context

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. The acquisition is the result of a complex process involving multiple stakeholders, and required significant negotiation and strategic planning to complete. The deal is expected to have a positive impact on Aernnova's customers, employees, and suppliers, and to support the company's continued success in the aerospace industry.

AERNNOVA, which reported an EBITDA margin of LOGIN in 2015, 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 (11.1x).

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

Aernnova is a leading aerostructures company specializing in the design and manufacturing of aerostructures and components, such as empennages, wings, and fuselage sections. The company operates a network of over 20 locations in 8 countries, with its headquarters located in Spain. Aernnova is the first aerostructures Tier I supplier in Spain and the 10th worldwide. The company has a strong presence in the global aerospace industry, with a focus on providing high-quality products and services to its customers. Aernnova's business model is centered around the design, development, and manufacturing of aerostructures, with a strong emphasis on innovation, quality, and customer satisfaction. The company's products are used in a variety of applications, including commercial and military aircraft, and its customer base includes major aerospace companies such as Airbus and Boeing.

Ent. Value

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Equity Value

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Multiples

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2015
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2014
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Other operations with AERNNOVA

DateAcquirerTargetCountrySectorDeal Context
AERNNOVASPAINAerospace, Naval & Defense

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. The transaction is TowerBrook's first investment in Spain since the firm opened an office in Madrid last year, and marks a significant commitment to the Spanish market. With a strong management team in place, led by President Iñaki López Gandásegui, Aernnova is well-positioned to achieve its objectives and drive growth in the aerospace sector.

REFERENCES

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

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

Authors: 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: aernnova

Acquirer: springwater capital