Founded in 2000, Airess specializes in the installation and maintenance of sprinkler-based fire protection systems. With over 180 employees at 7 sites, Airess has established itself as one of France’s leading players in the fire prevention and protection market.
This transaction saw the Transmission & Croissance 1 fund acquire a majority stake in Airess, alongside a management duo comprising Arthur Klein, the new Chairman supported by Trajan in this takeover project, and Amar Benbraham, Airess’ long-standing operational manager, who became the company’s Managing Director.
The transaction was partly financed by senior debt subscribed with a pool comprising Société Générale, Crédit Agricole and Caisse d’Epargne.
For VOLT Associés, the corporate (Emmanuel Vergnaud, Iyad El Boriny and Adams Basciano), tax (Stéphane Letranchant and Massimo Berti) and financing (François Jubin and Georges Tchikaidze) teams advised the transaction and Trajan.
The sellers were advised by Oddo BHF (Nicolas Ecot, Félix Roy and Adrien Sagnelonge), ADVANT Altana (Bruno Nogueiro, Arthur Boutemy and Maria Bacca-Perez), Viguié Schmidt & Associés (Christel Alberti and Mélanie Texeira) and Fieldfisher (Lucile Meriguet, Marion Cressely-Deneuville and Madeleine Lazaro). The managers were advised by Moncey Avocats (Frédéric Bosc and Vianney Birot), while the senior lenders were advised by Hogan Lovells (Sabine Bironneau-Loy, Ouassila El Asri and Quentin de Donder).
