| ARJIL acted as exclusive financial advisor to ACE Management... (November 2009) |
|
ARJIL acted as exclusive financial advisor to ACE Management and MBO Partenaires for the sale of PROENGIN to Tocqueville Investissements Privés (November 2009). We are delighted to announce that MBO Partenaires and ACE Management have sold PROENGIN to Tocqueville Investissements Privés. ARJIL acted as exclusive financial adviser to the sellers. PROENGIN is the European leader of the chemical and biological detection industry. The Company has a very good strategic visibility on the short-to-medium run thanks to its secured order book and to its export activities enhanced by a well diversified portfolio. The joint acquisition of PROENGIN by its management team and by Tocqueville Investissements Privés, through a secondary LBO, allows the Company to remain independent and to ensure its international growth. Thanks to its track record and expertise in the Defence industry, ARJIL was appointed to manage the sale process open to trade and financial buyers. ARJIL has scheduled, structured and proactively managed a competitive sale process bounded by confidentiality constraints, Defence clearances, and National Security issues. This transaction highlights ARJIL’s skills and know-how in managing sale processes, notably in the Defence industry, recognized by industrial groups and investment funds. ARJIL Team |