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New Deal


Announced

Completed

Ancala Partners completed the acquisition of the aerial emergency services business of Babcock International for $138m.

Financials

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Transaction Value£120m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

aviation

Private Equity

Single Bidder

Acquisition

United Kingdom

Majority

Private

support services

Electronic Components and Equipment

Domestic

Completed

Synopsis

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Ancala Partners, a private equity firm, completed the acquisition of the aerial emergency services business of Babcock International, a British aerospace, defense, and nuclear engineering services company, for $143m. “Avincis, formed through the carve out of certain aerial emergency service businesses from Babcock International, demonstrates Ancala’s ability to source and execute differentiated investment opportunities. We look forward to working with John, Kim and the Avincis team to continue the safe and reliable delivery of critical emergency aviation services to communities across Iberia, Italy and the Nordics. I would like to thank Neal Misell for his leadership of the business and wish him the best for the future," Lee Mellor, Ancala Partner.

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