Satys’ Reorganization

Goodwin Procter advised Ace Capital Partners, Crédit Mutuel Equity, Bpifrance and IRDI Capital Investissement on the deal.

Ace Capital Partners, Crédit Mutuel Equity, Bpifrance and IRDI Capital Investissement partecipated in the reorganization of Satys.

Satys is a French industrial group active in aircraft painting and sealing, engineering and manufacturing interiors for the aerospace and railway sectors.

Satys will be reorganized into two separate entities, Satys Aerospace and Satys Interiors and fresh equity will be injected in Satys Aerospace to the tune of 40 million euros. The latter was underwritten by the current shareholders in Satys: Ace Capital Partners, Crédit Mutuel Equity, Bpifrance, IRDI Capital Investment, Satys Industries owned by Christophe Cador and a pool of regional and national investors from Crédit Agricole led by Crédit Agricole Régions Investissement (CARVEST).

The Goodwin team was led by Thomas Dupont-Sentilles (Picture) and included Chloé Vu Thien, Thomas Léry and Charles-Henri de Gouvion Saint-Cyr.

Involved fees earner: Charles-Henri de Gouvion Saint Cyr – Goodwin Procter; Thomas Dupont-Sentilles – Goodwin Procter; Thomas Lery – Goodwin Procter; Chloé Vu Thien – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Ace Capital Partners; Bpifrance; Crédit Mutuel Equity ; Irdi SA;

Martina Bellini

Author: Martina Bellini