LBO France Sells Worldwide Flight Services to Platinum Equity - Seite 2

Olivier Bijaoui, Executive Chairman, President and CEO of WFS, added: "We view our future collaboration with Platinum Equity as a unique opportunity to grow our business and explore new opportunities, leveraging on our solid foundations and second-to-none experience. Their financial strength and M&A expertise will be of great support in our acquisition strategy and help the management to write a new and successful page of WFS history."

Bastian Lueken, Head of Platinum Equity's European investment team, concluded: "We are excited about the prospects for WFS and look forward to working with Olivier and the management team to take the next step in the company's global growth and evolution. We have a great deal of experience in transportation and logistics and we share the company's commitment to providing world class service to its customers."

Sycomore Corporate Finance acted as financial advisor to LBO France and Mayer Brown acted as legal advisor. Scotto & Associés was legal advisor to the management. Deloitte Transaction Services and Roland Berger provided vendor financial and strategic due diligence reports, respectively. Benoit & Associés also assisted LBO France in this transaction.

About LBO France
LBO France, an independent private equity firm with EUR 3.1bn under management, runs four non-listed strategies through dedicated teams: (i) Mid Cap LBO White Knight funds, (ii) Small Cap LBO Hexagone funds, (iii) Real estate White Stone and Lapillus funds and (iv) Credit opportunities Altercap funds. Responsible and independent, LBO France is 100% owned by its management in place since 1998 and boasts a team of over 49 professionals.

With the White Knight funds, LBO France invests in French champions, either already present or with strong potential for development abroad. LBO France accompanies them, providing skills and financial means to foster growth, be it organically, through build-ups or operational optimisation. More than 50% of White Knight's portfolio companies turnover is thus generated outside France.

White Knight focuses on companies whose enterprise value is between EUR 100 million and EUR 2.5 billion. Since 1998, over 27 acquisitions have been carried out over six generations of funds.

www.lbofrance.com

About Platinum Equity
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $6 billion of assets under management and a portfolio of more than 30 operating companies that serve customers around the world. In 2014, Platinum Equity portfolio companies generated more than $17 billion in revenue. Platinum Equity specializes in mergers, acquisitions and operations -- a trademarked strategy it calls M&A&O^® -- acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 20 years Platinum Equity has completed more than 150 acquisitions.