SEARCH SERVICES REFERENCES CAREERS ABOUT TEAM CONTACT For private companies For listed companies For financial sponsors TRANSACTION: Divestments DATE: March 2017 DEAL VALUE: Not disclosed PROCESS: Private INDUSTRY: Logistics and commercial services See more references for this client type See more references for this service FIH Partners advised the founders of TP Aerospace, which repairs, leases and sells wheels and brakes to airlines across the globe, on the divestment to CataCap. The two founders, Peter Lyager and Thomas Ibsø, will invest alongside CataCap as minority shareholders and continue in management. Headquartered in Denmark, TP Aerospace is a global full-service provider of wheels and brakes for airlines worldwide. The company was founded in 2008 and today has 174 employees in offices and service centres in Copenhagen, Dubai, Las Vegas, Orlando, Singapore, Melbourne and Hamburg. In 2016, the company recorded revenues of DKK 428m and EBITDA of 74m. The acquirer, CataCap is a Danish private equity firm investing in small and medium sized Danish companies characterised by a significant development potential and an innovative business model with long-term sustainability. CataCap will help to position TP Aerospace for further growth. FIH Partners acted as exclusive financial advisor to the founders including: Assisting the company in preparing documentation of their strategy and underlying market Assisting the company in preparation of a financial vender due diligence report Arranging a competitive structured sales process targeted towards a broad audience of both industrial and financial buyers, including early-look meetings with most obvious potential buyers Negotiating final terms of the transaction The parties have agreed not to disclose the value of the investment. Services DIVESTMENTS ACQUISITIONS PUBLIC DEFENCE & TAKEOVERS IPO AND ECM ADVISORY DEBT ADVISORY References CLIENTS INDUSTRIES TRANSACTIONS Contacts Kim Schønnemann Bøttkjær +45 7222 4711 kib@fihpartners.com Jørgen Overholt Hansen +45 7222 4714 joh@fihpartners.com Ulrik Falk +45 7222 4712 ufa@fihpartners.com Portland Towers Göteborg Plads 1, 8th floor DK-2150 Copenhagen Tel: +45 7222 4700 VAT#: 84 32 17 10