Alantra advised Trigo on the acquisition of Supplier Management Solutions

Oct 2018

Buy-side advisory

Alantra is pleased to announce that TRIGO Group has acquired Supplier Management Solutions, Inc. (“SMS”), a US-based provider of supplier management services for the Aerospace & Defense industry. The transaction closed on January 8, 2019 and the deal value was not disclosed. Headquartered in Nanterre, France, TRIGO is a leading global provider of quality support and conformity assessment services serving the automotive, aerospace, railway and other heavy transportation industries. TRIGO is backed by the leading French private equity firm, Ardian.

Based in Temecula, CA, SMS offers efficient and cost-effective third-party supply chain management solutions to primes, tier-1 and tier-2 manufacturers across the aerospace and defense supply chain. The company provides on-site supplier performance management in more than 40 states through its team of Delivery Assurance Specialists (DAS), ensuring the quality and on-time delivery of critical parts and components. Through this strategic acquisition, TRIGO has obtained a platform for North American growth in the aerospace and defense supply chain and SMS will utilize TRIGO’s significant global footprint to continue to expand its services worldwide.

Alantra has a growing history of advising Ardian companies on US acquisition targets. In July of last year, Alantra assisted TRIGO with the acquisition of Lumbee Enterprises, a US inspection and quality control solutions provider for the automotive manufacturing industry. And in September 2016, Alantra assisted Trescal (majority owned by Ardian at the time), a leading global metrology services company, on the acquisition of American Precision Metrology, a major player in the US metrology market located in Wisconsin and Florida.

“We are very proud to have assisted Trigo and Ardian with this trans-Atlantic transaction,” said Ashley Rountree, Managing Director and Partner with Alantra. “It plays to our strengths as an multinational bank for the middle market.”