Luther Luxembourg advises Carlyle on the closing of the acquisition of ADB SAFEGATE
Luther Luxembourg advised the Carlyle Group, a global alternative asset manager with USD 170 billion of assets under management, in the context of the acquisition of the ADB SAFEGATE group which was completed on 3 October 2017.
Luther which thus supported Carlyle in the corporate and financing structuring of this deal with a multi-disciplinary and highly integrated team shows its ability to act as a one-stop-shop for Private Equity.
ADB SAFEGATE, founded in 1920, is a global airport performance solutions provider serving more than 2,500 airports across over 175 countries. It has more than 900 employees, 4 production facilities in Belgium, Germany, USA and China and a software development centre in Austria.
As announced by ADB SAFEGATE “the change of ownership [further to the acquisition by Carlyle], with its strong financial backing, will help ADB SAFEGATE to achieve its growth goals. These are being pursued by helping airports handle more air traffic with their existing infrastructure through the integration of systems for the airfield, gate and tower”.
The Luther Luxembourg team was led by Selim Souissi (Partner) and included Nina Togouna (Senior Associate), Julie Prunier (Associate), Maxime Wagner (Associate), Clarisse Vidal (EFB Trainee) (All corporate) as well as Charlotte Mortz-Kezic (Associate, Banking, Finance and Capital Markets)