Cases & Deals

Inflexion Private Equity and Auctus Industries complete £141 million buyout of Shimtech Industries Group from Bridgepoint Development Capital

Client(s) Inflexion Private Equity Limited

Jones Day advised Inflexion Private Equity in connection with the £141 million (US$220 million) buyout of Shimtech Industries Group Limited, a large manufacturer of aerospace shims and laminated shim material, from Bridgepoint Development Capital, other investors, and management shareholders. Inflexion partnered with Auctus Industries for the acquisition. Auctus is a vehicle established to consolidate niche Tier 2 and Tier 3 components suppliers in the aerospace sector with the aim of creating a global, diversified aerospace group. Ares and Lloyds Bank plc provided the debt facilities for this transaction.