Tutélaire has just received approval from the Autorité de Contrôle Prudentiel et de Résolution (ACPR) for the transfer of the CAREL and Mutex SA supplementary pension portfolios for local elected represent…
ADVANT Altana has advised the family group controlling AIRESS on its sale in the form of a buy-in management buy-out (BIMBO) to the Trajan investment fund, specialised in the transfer of capital and the management of French SMEs.
Founded in Bezons in 2000 by Camille VILETTE and Michel LOPPION, AIRESS specialises in the installation and maintenance of sprinkler fire protection systems for public buildings (shopping centres, supermarkets, hotels), logistics warehouses, industrial sites, data centres and car parks. Its positioning as a specialist in sprinkler systems, its responsiveness and the quality of its services have enabled AIRESS to become one of the leading players in France, with more than 180 employees in 7 sites.
The plan of the new group of shareholders, consisting of the Transmission & Croissance 1 fund (majority shareholder, managed by Edmond de Rothschild Private Equity Luxembourg S.A., advised by Trajan), the sellers, the new management duo (Mr Arthur KLEIN, entrepreneur, supported by Trajan, and Mr BENBRAHAM, appointed Managing Director of AIRESS) and the key managers, is based above all on the continuity of the strategy that has made AIRESS a success.
ADVANT Altana advised the family group controlling AIRESS on this transaction with a team comprising Bruno Nogueiro, Arthur Boutemy and Maria Bacca-Perez on the corporate/M&A aspects and Pierre Lubet and Laura Beserman on the employment law aspects.
