mynth
← DATABASE
10/2024

THE CHAMPION GSE acquired by DEDIENNE AEROSPACE

UNITED STATES Aerospace, Naval & Defense / Aerostructures REV 10M - 30M EUR

Context

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.

THE CHAMPION GSE, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Based in Springfield, Ohio, The Champion GSE is a specialized manufacturer of highly engineered shipping and storage containers for sensitive aerospace and defense equipment. Its products are designed to protect critical assets like turbine engines, helicopter rotors, and missiles during transport. Key features include hermetic sealing, pressurization, and shock/vibration dampening. The company is a supplier to major OEMs such as GE Aerospace, Rolls-Royce, and RTX (Raytheon), and supports programs like the F-35 fighter jet (vertical takeoff systems). In 2024, it generated $25 million in revenue with 70 employees.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

Similar deals in Aerospace, Naval & Defense

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2025PAI PARTNERS / ADIAALVESTFRANCEAerospace, Naval & Defense
11/2024AEROVIRONMENTBLUEHALOUNITED STATESElectronics
10/2024ARDIANJPB SYSTEMEFRANCEAerostructures
01/2024CRANE COMPANYVIAN ENTERPRISESUNITED STATESEngines & Systems
12/2023HENSOLDT GROUPESG ELEKTRONIKSYSTEM- UND LOGISTIKGERMANYElectronics
04/2023ADAGIA PARTNERSADHETECFRANCEAerostructures
12/2022IXO PRIVATE EQUITY / BNP PARIBAS DEVELOPPEMENTAIR SUPPORTFRANCEMRO (Maintenance, Repair & Overhaul)
09/2021OPENGATE CAPITALSCIOTEQBELGIUMElectronics
05/2019THE CARLYLE GROUPFORGITAL GROUPITALYAerostructures
01/2019ARDIANREVIMA GROUPFRANCEMRO (Maintenance, Repair & Overhaul)

REFERENCES

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of THE CHAMPION GSE by DEDIENNE AEROSPACE 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.