B&A Investment Bankers advised LBO France in the context of the disposal of Worldwide Flight Services (“WFS”) to Platinum Equity for an EV of over € 300m. B&A notably focused on identifying relevant acquirers in Asia and the USA.
WFS is the world’s largest cargo handler and a leading global provider of ground handling and technical services. Today it is present at over 140 major airports in more than 22 countries on five continents. WFS serves 300 airlines globally, including the handling of four million tons of cargo and 50 million airline passengers per annum.
LBO France is an independent private equity firm with €3.1bn under management, which invests in French champions, either already present or with strong potential for development abroad.
Platinum Equity is a global private equity firm currently investing from a $3.75 billion buyout fund and has substantial experience in transportation, logistics and distribution services, including aviation.