Swiss Life Asset Managers completed the acquisition of a majority stake in Eliance Holding Company from Buenavista Equity Partners.

Swiss Life Asset Managers, an asset management arm of Swiss Life Group focusing on infrastructure investments, completed the acquisition of a majority stake in Eliance Holding Company, a provider of aerial emergency services, from Buenavista Equity Partners, a private equity firm. Financial terms were not disclosed. “The AES business model is characterised by its essential nature, strong cash flow stability and asset heaviness. These are all key infrastructure characteristics we look for as part of our value-add investment strategy. We are excited to work with Eliance’s management team to continue capitalising on the business’ strong growth potential,” Matthew Dooley, Swiss Life Asset Managers Director Value-Add Infrastructure.