Announced

Completed

Connect Pro and Sofipaca completed the LBO of French Aviation Academy.

Synopsis

Connect Pro, a portfolio management company, and Sofipaca, the investment capital structure of the Crédit Agricole Group in the south region, completed the LBO of French Aviation Academy, a professional flight training center. Financial terms were not disclosed. "We are pleased to be able to gradually hand over our companies, for which we have already worked for 23 years. This transaction will allow the development of French Aviation Academy, with the competence of regional financial investors and the rise of key managers. The search for educational excellence, the organisation of innovative means, and staff fully dedicated to the success of our students, are the main assets that have made our company successful and that everyone shares within the new group. This is ideal for the future," Mathieu di Costanzo, President, French Aviation Academy Group.

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