The deal values Ultra's shares at £2.6bn. Found inside – Page 13061956 ADAMS RITE AEROSPACE INC . ... 49 ADVANCED TECHNOLOGY SYSTEMS INTERNATIONAL INC . ... See TEU Holdings Inc. , ADVENT INTERNATIONAL . Description The largest independent provider of container cleaning and environmental services to the chemical and food industries in North America. Image: Defence and Aerospace group Cobham was bought by Advent in 2013 The deal sparked a national security row, owing to Cobham's work as a supplier to the Ministry of Defence. Found inside – Page 57ECONOMICS The Convention on International Civil Aviation requires that ... and with the advent of larger and more complex aircraft, requests for assistance ... In the short period of ownership, they have already sold off some units of Cobham, recovering £2 . After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. When it was a purely British-owned company, Advent International last year acquired Cobham in a £4 billion deal, . 1 electronic communications network (merged with Instinet), Provider of fixed-line telecommunications equipment, Electronic money transfer firm operating in the US-to-Latin America corridor, Business-to-business marketplace for truck cargo serving the Latin American market, A leading manufacturer of specialty polyvinyl chloride, Wireless network management and spectrum optimization solutions, Business-to-business e-procurement solutions and consulting systems, Lifestyle, culture, travel and tourism site for converging Europe, National cable TV and Web network for outdoor enthusiasts in resort communities, Regional radio broadcaster based in Warsaw, Owner of Slovanet, the largest business ISP in Slovakia, and SkyNet, a leading business ISP in the Czech Republic, Internet-based home improvement services and content, Manufacturer of pre-baked frozen bread and viennoiserie, Manufacturer of power electronics devices and printed circuit board assemblies for OEMs (merged with Integrated Microelectronics Inc.), Manufacturer and distributor of low-cost central office switches, Broadband Internet and data services provider, Toll manufacturer and supplier of drugs for inflammatory and rheumatoid disorders (acquired by Advent portfolio company Viatris), Holding company formed to acquire the commercial rights of soccer clubs in Latin America, Provider of enterprise resource planning software consulting and implementation services, Operator of the largest fully integrated polyvinyl chloride production plants in Europe, Mall-based clothing retailer operating throughout Australia, Leading European construction equipment rental company, Manufacturer and marketer of own and in-licensed pharmaceuticals, branded generics and over-the-counter products, Leading outdoor advertising company in Romania, Industrial and retail refrigeration and air-conditioning, Service provisioning software for telecom operators, Broadband wireless carrier owning spectrum licenses, Specialist staffing and outsourced recruitment, focusing on information technology and financial markets, Manager of commercial space at Terminal 1 of Mexico City International Airport (merged with Advent portfolio company Operadora Comercial Aeroportuaria), Brazil's largest provider of enterprise resource planning software, Owner of Radio ZET, one of two private national radio stations in Poland, Consumer, healthcare and industrial product distribution; logistics services; fashion brand wholesaling and retailing; and contract manufacturing, America's third-largest single-price retailer, Alternative provider of broadband voice, data and Internet services, Bottler and distributor of Pepsi-Cola and other regional soft drinks in southern Mexico, Cluster tool equipment for the manufacture of semiconductor devices and other electronic components, Manufacturer of resin-based furniture and large houseware products, Door-to-door retailer of assorted beauty and personal-care products, Provider of warehouse, transportation and labor management software, Largest manufacturer, distributor and retailer of optical frames in Hong Kong, Argentina's leading provider of travel and road-side assistance services, Commercial developer of the Puerto Vallarta and Guadalajara airports, One of the largest producers of metallurgical aggregates and iron skull scrap in Poland, Group of nine industrial electronics businesses acquired from Philips, Full-service dental laboratory offering restorative, reconstructive and cosmetic products to dentists, Direct mail distributor of electronic tools and production supplies, Europe's third-largest contracted food service business, One of the largest independent call centers in Europe, Provider of contract purchasing services to long-term-care pharmacies, Largest independent credit-card administrator in Brazil, Marketer and provider of long-distance telephone services, Distributor of food products and restaurant equipment to the foodservice industry, Manufacturer and distributor of ceramic and vitrified homogeneous floor tiles, Producer of seminars for prominent business speakers, Co-development, licensing and marketing of branded pharmaceuticals, mainly for cardiovascular and arthritic indications, Publisher of online financial information on emerging markets, Temporary and outsourced staffing services, Manufacturer of aluminum base plates used to assemble hard disk drives, Manufacturer and distributor of braided area rugs, Developer and marketer of billing, customer care and real-time software solutions for wireless communications, Globalization and localization solutions for worldwide deployment of technology and content, Leading operator of duty-free concessions in Mexico, Supplier of precision repair, rework and related production equipment for the electronics industry, Producer of pasta, canned vegetables and tetrapak fruit juices, Provider of third-party logistics services, Manufacturer of copper-clad laminates used in printed circuit boards, America's largest mall-based specialty retailer of decorative home accessories and gifts, Specialty retailer of consumer electronics, Software and services enabling communications providers to improve customer acquisition and retention, Poland's largest cable and satellite pay-television provider, Provider of online medical information and communication services to physicians, Automated handling equipment for the semiconductor and flat panel industries, Manufacturer and marketer of specialty plastics and resins, Equipment for carrier-provided ATM networks, Manufacturer of rail passenger and freight cars, Largest independent niche publisher in the Netherlands, Manufacturer of uninterruptible power supply and power conditioning products, Manufacturer of high-performance digital storage oscilloscopes, Producer of complex, high-quality books and specialty packaging (acquired by Advent portfolio company Zindart), Manufacturer and marketer of consumer garden chemicals, herbicides and fertilizers, Creator and marketer of toys and consumer products, Developer of novel pharmaceuticals to treat cancer and metabolic diseases (merged with MabVax Therapeutics), Retailer of men's and women's casual clothing, Alternative provider of voice, data, mobile and Internet services, Manufacturer of metropolitan-area and campus-area wireless radios, Manufacturer of cordless telephones, telephone answering machines, plastic casings and other accessories, Full-service office, warehouse and distribution facilities for multinational corporations, Indonesia's largest processor of imported granite, Research, production and marketing of imaging and non-imaging medical diagnostic equipment, Hospital providing general medical care, surgery, intensive care, cardiac care, x-ray and laboratory services, Manufacturer of rubber thread and concentrated latex, Point-of-sale advertising medium via TV monitors in public waiting areas, Retailer of brand-name personal computer systems, software, peripherals and related products to professional end users in the small-office/home-office market, Company formed to develop novel pharmaceuticals for the critical-care market, Contract manufacturer of electronic assemblies for printed circuit boards, Major ship repair facility in Subic Bay, about 70 miles northwest of Manila, Supplier of interior door control systems for railway passenger carriages, Software and services enabling customers to transport, access and manage data across distributed client/server environments, Processor of materials derived from cereal grains, Producer of die-cast and injection-molded collectible products for consumer companies, Hazardous waste processor specializing in the treatment of waste oil for ports and refineries, Germany's largest private cable network operator, Information technology business supplying total computing solutions, Cable television, multi-channel microwave systems and telecommunications, Performance chemicals and fine chemical intermediates, Producer of industrial cleaning chemicals, including rinsing, cleaning and preservative agents, Owner and manager of terminals for bulk storage of liquids and chemical products, Manufacturer of light alcoholic beverages and soft drinks, Operator of TV stations in Denmark, Norway and Sweden, Provider of consulting, systems integration and software services, Worldwide manufacturer of edible collagen sausage casings, Contract software development and temporary staffing services, Owner and operator of residential care facilities and nursing homes, Designer, retailer and distributor of printed fabrics, clothing, accessories and stationery targeted at young children and teenagers, Long-shelf-life milk and other food products, Builder and operator of private hospitals, Pharmaceuticals, life sciences & medical devices, Xplor Technologies (New company as a result of the merger between Clearent and Transaction Services Group), TK Elevator (formerly thyssenkrupp Elevator), Transaction Services Group (now Xplor Technologies post-merger with Clearent), Grupo BIG (formerly Walmart Brazil Group), Clearent (now Xplor Technologies post-merger with Transaction Service Group), YDUQS (formerly Estácio Participações), Syneos Health, Inc. (formerly INC Research Holdings, Inc.), Crompton Greaves Consumer Electricals Limited, Addiko Bank (formerly Hypo Group Alpe Adria), Terminal de Contêineres de Paranaguá (TCP), Regina Maria (formerly Centrul Medical Unirea), WSiP - Wydawnictwa Szkolne i Pedagogiczne, AMAIT - Administradora Mexiquense del Aeropuerto Internacional de Toluca, OCA - Organizacion Coordinadora Argentina, Resort Sports Network (now Outside Television), CISA - Consultoría Internacional Casa de Cambio (now CI Banco), Internet Securities Inc. (d.b.a. Opened in 1989, the London office was the first Advent International office to be established outside the US. Swedish drugmaker Orphan Biovitrum (SOBI) has agreed to an $8 billion takeover bid from US private equity firm Advent International and Aurora Investment, an affiliate of capital markets group GIC . Advent is a global firm, with a track record of more than 350 investments across 41 countries. It then began a dismantling of the group. U.S. private equity group Advent International has agreed to buy defense and aerospace group Cobham for 4 billion pounds ($5 billion), the British company known for pioneering air-to-air refueling . Before joining Draken, Sarah was a Group Controller at Cobham Plc, a multi-national FTSE 250 group, where she played a key role in Cobham being taken private by Advent International, separating the organization into standalone businesses. Cobham eyes potential disposals after agreeing £2.57bn Ultra takeover deal. The government allowed Advent to buy Cobham, another key UK-based defence contractor, in a £4bn deal that closed last year, despite a campaign, led by the family of the company's founder, to . Safran has entered exclusive talks about the sale of its Morpho identity and security business to Advent International, which owns smartcard maker Oberthur Technologies, the French aerospace and . Draken did not respond to a request for comment. Found inside – Page 361Advent International Corp., 220 F.3d 99 (3d Cir. ... International Union, United Automobile, Aerospace and Agriculture Implement Workers of America, ... Following are some examples of subsectors we target: Other areas of interest include distribution services, where we see the potential for industry consolidation and operational improvement, and mining equipment and services, a renewed area of focus for Advent. Cobham is the firm’s third major public-to-private transaction in recent years, following the successful acquisitions of Brammer plc and Laird plc in 2017 and 2018, respectively. United KingdomEstablished 1989. Found inside – Page 5... believed that aerospace was a special case requiring state aid . ... The advent of international cooperation requiring the Government to negotiate ... Found inside... Leverkusen, D-51368 Germany Transportation: Aerospace: Automotive: ... to a consortium formed by the Carlyle Group and Advent International for $899 ... PE-Backed Cobham Inks £2.57B Deal For UK Defense Firm. Website. Found inside – Page 16Journal of the Aerospace Sciences , Vol . ... With the advent of the hot - film anemometer probe , such measurements should now be practical and therefore ... Found inside – Page 293... 141,247,260,264,272–73 Advent International, 138 AEG Westinghouse Transportation Inc., 128 Aerospace acquisitions, xiv, xv, 4, 8, 9, 145, 147, ... Tods Aerospace, a . Cobham has announced a number of job cuts days after Advent international delisted the British defense company from the stock exchange in a move that could reignite the debate over foreign takeovers of some of the UK's key companies. The takeover has obtained approval from regulators in the UK, US, France, Australia and Finland, following a 93 per cent vote in favour of the deal by its shareholders. Found inside – Page 2548Advent International Financial Service Inc. Advent Machine and Tool Inc. Advent ... Aero Assemblies Inc. Aero California Inc. Aero CNC Inc. Aero Controls ... He joined Advent in 2011 and focuses on buyouts in the industrial sector. The industrial supplies group formed from the merger of Brammer and IPH is heading for a London listing, Sky News learns, Found inside – Page 11113 Advent International Corp. 5 Aerospace Corp. 13 Aerotek 5 Aetna Casualty and Surety Co. 2 Aetna Life and Casualty 2,5 , 9 , 15 Affirm Realty Association ... Shonnel has been a private equity investor since 2004, working primarily on large and mid-cap buyouts at Bain Capital and Centerbridge Partners, prior to . LONDON, January 22, 2020 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, has further demonstrated its long-term commitment to investing in the UK with the completion of its £4 billion takeover of Cobham plc. 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