News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

LBO France racks up returns from trade sale

Buyer Ortec Group beat other bidders by making an early approach for aerospace engineering group Sonovision

LBO France has made a 2.1 times return on the sale of aerospace engineering service provider Sonovision to a French industrial services company, according to a person familiar with the matter.

The sale of Sonovision to Ortec Group comes amid signs that trade buyers are increasingly outbidding private equity firms.

WSJ Logo