Swiss Life Secures Majority Stake in Eliance with GA_P's Advisement
Deal News | Apr 10, 2025 | Iberian Lawyer
Swiss Life has secured a majority stake in Eliance, a specialist in aeronautical services, marking a strategic expansion within the infrastructure sector. The investment was facilitated through the Swiss Life Global Infrastructure Opportunities Growth II fund. RiverRock, the prior majority shareholder, will maintain a minority position, while Buenavista Equity Partners divests its 25% stake. Legal advisement on the tax aspects of the transaction was provided by the law firm Gmez-Acebo & Pombo, specifically by a team led by partner Eduardo Martnez-Matosas and including counsel Nria Vila Masip and lawyers Carles Armio Haba and Arnau Corretj.
Sectors
- Aeronautical Services
- Infrastructure Investment
- Private Equity
- Legal Services
Geography
- Spain – The law firm Gmez-Acebo & Pombo is based in Spain, and Eliance operates there.
- Switzerland – Swiss Life, the acquiring company, is based in Switzerland.
Industry
- Aeronautical Services – This sector relates directly to Eliance's specialization, which is core to the transaction.
- Infrastructure Investment – Swiss Life is expanding its presence in the infrastructure sector through this strategic investment.
- Private Equity – The transaction involves Private Equity entities such as Swiss Life Global Infrastructure Opportunities Growth II fund.
- Legal Services – The involvement of Gmez-Acebo & Pombo providing legal advisement highlights this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Swiss Life | Bidding Company | Company | A Swiss-based company that manages the Swiss Life Global Infrastructure Opportunities Growth II fund. |
| Eliance | Target Company | Company | A company specializing in aeronautical services and the subject of the acquisition. |
| RiverRock | Selling Company | Company | Previously holding the majority stake in Eliance and retains a minority role post transaction. |
| Buenavista Equity Partners | Selling Company | Company | Held a 25% stake in Eliance prior to exiting with this transaction. |
| Gmez-Acebo & Pombo | Legal Advisor | Company | Provided tax matter advisement for Swiss Life in this transaction. |
| Eduardo Martnez-Matosas | Partner | Person | Gmez-Acebo & Pombo partner leading the legal team advising Swiss Life. |
| Nria Vila Masip | Counsel | Person | Counsel at Gmez-Acebo & Pombo involved in advising Swiss Life. |
| Carles Armio Haba | Lawyer | Person | Lawyer at Gmez-Acebo & Pombo involved in advising Swiss Life. |
| Arnau Corretj | Lawyer | Person | Lawyer at Gmez-Acebo & Pombo involved in advising Swiss Life. |