Lisi Aerospace has sold LACE to Rafaut, a portfolio company of HLD
LACE is a leading mission-critical equipment provider to the military and civil helicopter industry. LACE primarily designs, manufactures and maintains multirole hooks which are used to complete rescue operations and military insertion / extraction operations, move and transport cargo. LACE benefits from entrenched positions with leading original equipment manufacturers (OEMs), such as Airbus Helicopters, Sikorsky and Bell Helicopter.
“The complementary nature of LACE and Rafaut’s expertise and capabilities will lead to strong commercial and industrial synergies,” commented Christophe Seige, Chief Executive Officer of LACE.
With the acquisition of LACE, Rafaut consolidates its position in the European helicopter mission-critical equipment market and pursues its strategy to become a leading provider of mission and hardpoints systems to the aerospace and defense (A&D) industry.
“It’s been a great pleasure to have represented Lisi Aerospace on this strategic transaction. This transaction evidenced our expertise in the A&D mission-critical equipment industry and our ability to build trustful relationships with our clients over the long run,” added Géraud Estrangin, Managing Director in Lincoln’s A&D team.
Lincoln acted as the exclusive investment banking advisor to Lisi Aerospace, working closely with the LACE management team and shareholders throughout the sale process. Terms of the transaction were not disclosed.
It’s the fourth time that Lincoln International advises us on a divesture process. We highly appreciated its sector expertise, the full support and dedication of its global and local teams throughout the process.
Meet our Senior Team
View More Transactions in Aerospace & Defense
Lincoln International advised Latecoere a portfolio company of Searchlight on raising capital
Lincoln International advised ATL Partners on the acquisition of Aero Accessories
Lincoln International advised Thales to enter into exclusive negotiations to sell its aeronautical electrical systems business to Safran
Lincoln International advised main shareholder on agreement to sell a minority stake of Figeac Aero to Tikehau Ace Capital
Lincoln International has advised Arsenal Capital Partners on the sale of Cyalume Technologies to Cadre Holdings
Lincoln International advised Thompson Street Capital Partners and Onward Capital on the sale of Domaille to ADDMAN Engineering, a portfolio company of American Industrial Partners
Lincoln International is pleased to announce that GEI and management have sold a significant stake in I-4S to Galiena Capital
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.