Houlihan Lokey Advises Tikehau Capital

Houlihan Lokey is pleased to announce that Tikehau Ace Capital (Ace), along with Amundi Private Equity Funds and other investors from Crédit Agricole Group, including IDIA Capital Investissement, have acquired LMB Aerospace (LMB) from Raise Investissement, Arkéa Capital, and MBO & Co.

Tikehau Ace Capital is a France-based private equity firm that specialises in strategic industries and technologies, with €1.3 billion in assets under management. Founded in 2000, Ace invests with a vertical approach in strategic industries (e.g. Aerospace, Defence, and Technologies). Ace has built its model on strategic partnerships with large corporates (including Airbus, Safran, Dassault Aviation, Thales, EDF, Naval Group, and Sopra Steria), which invest in its funds and maintain an ongoing dialogue with the firm, enabling Ace to take a differentiated approach to investing.

Founded more than 60 years ago and headquartered in France, LMB is a recognised expert in military-grade, high-performance fans and cooling solutions for aerospace, naval, and military applications. LMB’s solutions are present on more than 200 platforms, serving a diversified portfolio of approximately 150 long-term customers. The company has unique expertise in more than 1,500 qualified products and employs a group of highly skilled engineers and efficient operational teams.

Houlihan Lokey served as the buyside M&A and financing advisor to Tikehau Ace Capital. The transaction further highlights Houlihan Lokey’s integrated global execution capabilities and expertise in the private financing market, and has strengthened its European credentials in the Aerospace and Defence sector.