At what enterprise value was AERNNOVA acquired in 2017?

During the acquisition of AERNNOVA by TOWERBROOK / TORREAL / PENINSULA CAPITAL in 2017, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

What was the EV/EBITDA of AERNNOVA when it was acquired by TOWERBROOK / TORREAL / PENINSULA CAPITAL?

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

When was AERNNOVA acquired by TOWERBROOK / TORREAL / PENINSULA CAPITAL?

AERNNOVA was acquired by TOWERBROOK / TORREAL / PENINSULA CAPITAL in 2017.

What was the revenue of AERNNOVA at the time of the deal?

The revenue of AERNNOVA at the time of the deal is estimated to be in the range of 450M - 900M EUR.

What was the EBITDA of AERNNOVA during the acquisition?

AERNNOVA's EBITDA is estimated to be in the range of 100M - 200M EUR.

How is the data for the AERNNOVA 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 AERNNOVA 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://www.towerbrook.com/aernnova-strengthens-its-position-with-new-shareholders-towerbrook-torreal-and-peninsula/

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 11.5x.

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Home Database Industry & ManufacturingAERNNOVA

06/2017

TOWERBROOK, TORREAL & PENINSULA CAPITAL invest in AERNNOVA

SPAIN Aerospace, Naval & Defense / Aerostructures EV 1b - 4b EUR

Context

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.

It is worth noting that the fund Springwater Capital took control of Aernnova through an LBO in 2015.

AERNNOVA, 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 (11.5x).

-> Deep-dive in Industry & Manufacturing market trends

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.

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Other operations with AERNNOVA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2015	SPRINGWATER CAPITAL	AERNNOVA	SPAIN	Aerostructures

REFERENCES

Valuation range: EV 1b - 4b EUR

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 TOWERBROOK / TORREAL / PENINSULA CAPITAL 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.

Press release: view release

Target: aernnova

Acquirer: towerbrook / peninsula capital / torreal