HE Space has been acquired by CS Group
January 2023 — With this acquisition, CS Group increases its European presence in space to nearly 800 employees. The group would thus strengthen its installed base in the Netherlands, Germany and France and expand its development prospects in Spain and the UK. This acquisition will ensure a stronger presence with institutional organizations such as ESA’s ESOC and ESTEC agencies, EUMETSAT and industrial companies such as Airbus, Thales and OHB.
Founded in 1982 by NASA veteran Scott Millican, HE Space is a space engineering specialist with a long heritage and track record in the space industry and ranked a Best Supplier to ESA in the fields of component engineering, earth observation, communication and outreach, structures, thermal engineering and environmental testing.
CS Group, initially known as CS Communication & Systèmes, is a French information technology service company listed on the Paris Stock Exchange as a member of the CAC Small index. The company designs information systems, develops and integrates software, manages projects and deploys industrial applications, and provides science, technology and consulting services. CS Group is the French leader in air traffic control, the third biggest supplier of traffic management systems in the world and provides information technology consulting services.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to Mr. Scott Millican and HE Space. The team in France supported the transaction.
Talk to the deal team
Sander van 't Spijker
Oaklins Netherlands
Related deals
itemedical has been acquired by Halma
itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.
Learn moreNexxtlab has successfully raised funding to support its growth
Nexxtlab, a Luxembourg-based energy technology company, has raised growth capital from an experienced international energy player. The investment marks an important milestone in Nexxtlab’s development and will support the company’s commercial expansion across Europe, continued product innovation and the further scaling of its energy management platform.
Learn moreEvoke Creative has been acquired by Steliau Technology
Private equity firm BGF has sold Evoke Creative Ltd., an international provider of interactive digital solutions, to Steliau Technology, a company backed by Astorg Partners. Evoke will continue to operate as an independent brand while benefiting from the wider group’s support to accelerate international expansion, increase product innovation and strengthen its position in key vertical markets.
Learn more