Advice on Sale of Skyways Technics (Denmark)
15 June 2020
Aksio Partners acted as M&A advisor on the sale of 100% of Skyways Technics A/S to management in a complex cross-border transaction completed in under one month.
Aksio Partners team, acting as M&A advisor to the seller, has completed a cross-border M&A transaction - sale of 100% shares in the Danish company, Skyways Technics A/S, with presence in USA, Malaysia and Dubai, to the company's management. Skyways Technics are aircraft operators providing maintenance and repairment services and spare parts support to ATR and CRJ aircrafts.
The transaction was very intensive (less than 1 month from start to finish) and rather complex, involving distribution of dividends in-kind and floating charge of assets.
Co-head of Corporate M&A and Head of Capital Markets, Partner Sam Jalaei from Magnusson Denmark, who acted as legal advisor to the seller, states:
"I truly enjoyed the level of professionalism, extensive knowledge, experience and dedication of the Aksio team. Guys did a fantastic job and are truly team players and an asset to any M&A process. They were constantly on their toes and provided excellent advice to their client during the entire deal. Furthermore, I was highly impressed by their negotiation skills and how dedicated they were to reach the best possible result for their client. They are also quite pleasant to work with and have a very constructive and solution orientated approach to the challenges that may arise during any M&A process. Highly recommend this team of experts.