FSI Régions et al. back Groupe SAF

The fresh funding will allow SAF to strengthen its position on the French, Brazilian and African markets. SAF will also look to increase its export activity, notably in the Middle East. Finally, the company will consider acquisitions throughout Europe.

Both FSI Régions and Crédit Agricole des Savoie Capital were previous investors in SAF. Management increased its stake in the business following the transaction.

Company
Established in 1979, SAF specialises in helicopter rescue services and is composed of three subsidiaries. SAF Hélicoptère focuses on mountain-based helicopter rescue; Hélicap is a partnership with French emergency services SAMU; and SAF Industries specialises in aircraft maintenance and repair.

The group operates 33 helicopters throughout France, Brazil and Africa. It employs 125 people and generates a €29.8m turnover.

People
Jean-Louis Etchegoyhen and Camille Samarut led the deal on behalf of FSI Régions. CDC Entreprises was represented by Francis Estellat and Alexis Guinard. Julien Marronnier and Patrice Vandenbossche worked on the deal for BNP Paribas. Amundi and Crédit Agricole des Savoie Capital were represented by Stanislas Cuny and Jean-Yves Riowal respectively.

Advisers
Equity – Lamartine Conseil, Bintou Niang, Olivier Renault, Stephane Rodriguez (Legal); Mazars, Valery Nabholz, Guillaume Requin (Financial due diligence).
Management – Cabinet Goutagny, Denis Dord (Legal).

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• Topics
• France
• Expansion
• Consumer
• France
• FSI
• BNP Paribas
• Amundi Private Equity