Aerospace: Altij advises Air Support majority shareholder on LBO

Altij has advised the majority shareholder of Air Support, a market leader in MRO, specialised in the repair and maintenance of on-board aeronautical equipment, mainly engines, cabins and lighting systems, on a fundraising round led by iXO Private Equity and BNP Paribas Développement.

Certified by the European, British, American, Canadian and Chinese civil aviation authorities, Air Support has more than 200 customers in 40 countries, including airlines, engine manufacturers and aircraft and engine maintenance workshops, as well as aircraft manufacturers, and is recognised as a key MRO partner worldwide. In order to further accelerate its growth, Air Support carried out an LBO, accompanied by a new investment from the IXO PME 1 fund and the arrival of BNP Paribas Développement in the capital. The aim of the deal is to continue the company's development in France and internationally, while maintaining its high performance and quality of service.

Partner Sylvain Favier (Corporate) led the Altij team working on the deal.