Caisse de dépôt et placement du Québec and Ardian €800 million stake acquisition in Alvest

1/2/2018
Acquisition finance, Private acquisition

€ 800 million

$ 893.968 million

Completed

1/2/2018


Overview:

  • Institutional asset manager Caisse de dépôt et placement du Québec and independent private investment company, Ardian have acquired a €800 million stake in Alvest, a manufacturer of airport support equipment.
  • The acquisition was financed by a syndicate of banks.

Laura Mendes - Researcher

Jurisdiction:

France

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Private equity
M&A

Governing law:

France

Industry sectors:

Industrials and manufacturing
Aviation


Firms:

Party: BNP Paribas (Lender)

Party: Credit Agricole (Lender)

Party: CIB (Lender)

Party: Credit Industriel et Commercial (Lender)

Party: ING Bank (Lender)

Party: Societe Generale (Lender)

Party: Bank of Ireland (Lender)


Party: Alvest (Target)


Party: Sagard (Seller)

Lawyer: David Aknin