NEW YORK – November 7, 2017 – Seabury Capital LLC (“Seabury Capital”) today announced that its Aerospace & Defense M&A Advisory unit has successfully advised on the sale of Tecnologie Industriali e Aeronautiche S.p.A. (“TI&A”) to Elettronica Aster S.p.A. (“Elettronica Aster”) through the purchase of a controlling stake. TI&A is a designer and manufacturer of high-temperature thermal and acoustic insulation solutions for Aerospace & Defense (“A&D”) applications. Elettronica Aster is a manufacturer of engineered products for the A&D industry. Both companies’ manufacturing operations are based in Italy.
TI&A’s owners, the Brambilla family, will continue to take a very active role in the business through the retention of a minority shareholding, with Massimo Brambilla, the current CEO, continuing to lead the company. This acquisition further consolidates the Italian A&D supply chain and is expected to generate synergies that will benefit both TI&A’s new owners and its customers, most notably Leonardo, TI&A’s major customer.
Seabury Capital’s Aerospace & Defense M&A Advisory team, which is based in London and is led by Antares Reis, advised and assisted TI&A and its shareholders on the divestment process.
“Antares’s knowledge of the industry and his access to senior-level contacts within the buyer community proved essential in identifying the very best acquirer for our company,” commented TI&A Chief Executive Officer Massimo Brambilla. “I am delighted to recommend Seabury Capital as a highly knowledgeable and very professional team of M&A advisers.”
Patrick Henry Dowling, Global Head of Seabury Investment Banking, said: “TI&A’s successful sale demonstrates once more Seabury Capital’s commitment to working with clients over the long run to deliver the best possible results. Our team’s strong track record in the A&D sector, as well as our broad network in the industry, secured a great outcome for TI&A’s shareholders and an excellent acquisition for Elettronica Aster.”
Seabury Capital’s businesses address five principal areas:
- Investment Banking (Aviation, A&D and Maritime)
- Financial Asset Management and Principal Investments
- Aircraft Technical Asset Management, Aircraft and Engines Inspections, Aircraft Register and Aviation Regulatory Government Services
- Financial Services, Trading + Payment Plan Provider Platforms/Technologies
- IT, Enterprise Software and Proprietary Technologies
To learn more about Seabury Capital and its offerings, visit www.seaburycapital.com. More information about TI&A is available at www.tiaeronautiche.com and Elettronica Aster at www.elaster.it.
