Naxicap enters exclusive negotiations to buy ECS

ECS has been under Alpha's ownership since 2013. The GP bought the company in an SBO transaction from Chequers Capital, Equistone Partners and Indigo Capital, which had held stakes since 2005.

Naxicap typically invests in firms with a €30-200m enterprise value.

Established in 1998, ECS is a general sales and services agent providing outsourced services for airfreight operations. ECS aims to enable airlines to maximise their cargo capacity and sales yield, while reducing their costs. It claims to handle 900,000 tonnes of airfreight each year.

The company's turnover currently stands at €1.3bn. ECS is based in Paris and has 137 offices worldwide, it employs 949 people.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• France
• Industrials
• France
• Alpha Private Equity