Announced

Completed

Swiss Life completed the acquisition of a majority stake in Eliance Global Services from Buenavista Ventures and Himilcon.

Synopsis

Swiss Life, an investment management company, completed the acquisition of a majority stake in Eliance, a company specialising in the aeronautical sector for emergency response, from Buenavista Ventures and Himilcon, a private equity and holding management companies. Financial terms were not disclosed. “We are very proud of the work we have accomplished with Eliance over these years, and we wish to thank Juan Carlos Martínez, the Group’s CEO, for his close collaboration. Together, we have succeeded in positioning Eliance as a benchmark in the emergency air services sector. We wish them every success in this new stage, which will further drive the company’s growth,” Enrique Centelles Satrústegui, Buenavista Equity Partners Managing Partner for Private Equity.

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