Announced
Financials
Tags
Pending
France
Majority
Maintenance Repair and Overhaul (MRO)
disaster response network
Acquisition
Domestic
Private Equity
Private
Single Bidder
Friendly
Synopsis
Motion Equity Partners, a private equity firm, agreed to acquire Résilians, a disaster response network that offers services such as claims repair and emergency assistance, from Weinberg Capital Partners, an independent investment company. Financial terms were not disclosed. “Over the years, Résilians has been able to create a successful and profitable business model. Over the last few years, we have accelerated our development through an ambitious external growth strategy as well as through the digitalization of our offer and processes. The Group is now well positioned to absorb more volumes from its customers," Alain Tanguy, Résilians Chairman.
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