Ardian enters into exclusive negotiations to acquire Trigo Group from IK investments partners

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Press release

Ardian enters into exclusive negotiations to acquire Trigo Group from IK investments partners

  • 13 April 2016

  • Buyout

  • France, Cedex

6 minutes de lecture

Ardian, the independent private investment company, today announces that it has entered into exclusive negotiations with IK Investment Partners to acquire its majority stake in Trigo Group, a world-leading provider of quality management and inspection services. Ardian will invest alongside the management, which remains in place.

Founded in 1997, and led by Matthieu Rambaud since 2013, Group CEO, Trigo has become a globally renowned company serving the automotive, aerospace, railway and other transportation industries. It now has more than 7,000 employees throughout Europe, America, Asia and North Africa.

The transaction will be put before the Trigo Group Work Council and is subject to the signing of a definitive agreement, as well as the approval of the relevant competition authorities.

ABOUT TRIGO GROUP

Founded in 1997, TRIGO is a multinational company providing quality management solutions for the manufacturing sector, particularly within the transportation industries. With annual revenues of +200 M€ and a team of more than 7,000 professionals present in 20 countries, TRIGO offers a comprehensive portfolio of Quality Management and Inspection Services to the leading international manufacturers of the automotive, aerospace and heavy transportation industries.

ABOUT ARDIAN

Ardian, founded in 1996 and led by Dominique Senequier, is an independent private investment company with assets of US$55bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies three values: excellence, loyalty and entrepreneurship.

Ardian maintains a truly global network, with more than 410 employees working through twelve offices in Paris, London, Frankfurt, Milan, Madrid, Zurich, New York, San Francisco, Beijing, Singapore, Jersey and Luxembourg. The company offers its 470 investors a diversified choice of funds covering the full range of asset classes through Ardian Funds of Funds (comprising primary, early secondary and secondary activities), Ardian Private Debt, Ardian Direct Funds (comprising Ardian Mid Cap Buyout, Ardian Expansion, Ardian Growth and Ardian Co-Investment), Ardian Infrastructure, Ardian Real Estate and customized mandate investment solutions with Ardian Mandates.

ABOUT IK INVESTMENT PARTNERS

IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK funds have raised more than €7.5 billion of capital and invested in over 95 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well positioned businesses with excellent long-term prospects.

Press contact

ARDIAN

TOM JAMES

tjames@headlandconsultancy.com

+44 (0)207 3675 240

IK INVESTMENT PARTNERS

MIKAELA HEDBORG

mikaela.hedborg@ikinvest.com

+44 (0) 20 7304 7134