Case Study

Multi Pilot Simulations has sold a majority stake to H2 Equity Partners

H2 Equity Partners has acquired a majority stake in Multi Pilot Simulations (MPS) from private shareholders and Mainport Innovation Fund.

H2 Equity Partners is an independent private equity firm founded in 1991, active in the Benelux, Germany and the United Kingdom. The firm has built an exceptional record of acquiring and growing fundamentally attractive businesses that have a combination of operational, financial or strategic improvement opportunities at the time of investment. Harmen Geerts, Partner at H2 Equity Partners, said: “H2 Equity Partners has been very impressed with the highly innovative products and services of MPS and with its management team. We believe there is an increasing need for professional fixed-base simulators to enable the best possible training for the growing number of pilots of jet aircrafts globally. We look forward to supporting MPS in its next phase of growth.”

MPS, founded in 2007, is a groundbreaking manufacturer of fixed-base flight simulators for airline pilot training and bridges the gap between the low-fidelity, traditional fixed-base simulators and the high-fidelity, full-motion simulators that are currently being offered in the market. The company integrates more than 150,000 components into flight simulators in its facility near Utrecht, the Netherlands. MPS’ team of avionic experts designs, produces, install sand maintains flight simulators based on the Airbus A320 and Boeing 737 for flight schools such as EPST and airlines such as Ryanair worldwide. Dick Verburg, President and CEO, MPS, said: “We are very excited to have such a professional party as H2 Equity Partners as our new investor. We thank Mainport Innovation Fund for their trust and support in MPS over the last 5 years. I am looking forward to work with H2 Equity Partners and my management team to further grow our simulator business and to continue to contribute to flight training quality and aviation safety. Oaklins assisted us perfectly throughout the process, leveraging on their international network and in-depth sector expertise.”

Oaklins’ team in the Netherlands together with Oaklins’ Aerospace and Defense team in the USA acted as the exclusive M&A advisor to the shareholders of MPS.

Tombstone image for Multi Pilot Simulations has sold a majority stake to H2 Equity Partners

KEY DEAL CONTACTS

Gerbrand ter Brugge

Netherlands

Partner

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David van Ass

Netherlands

Associate

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Niels de Jong

Netherlands

Senior Associate

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Robert Boersma

Netherlands

Partner

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Alyssa Morrisroe

United States

Managing Director

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Stephen Perry

United States

Managing Director

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