Squire Patton Boggs has advised the shareholders of Airess, including the fund Transmission & Croissance I, advised by Trajan, on the sale of Airess, a France-based specialist in the installation and maintenance of automatic water-based fire suppression systems, to Initiative & Finance Tomorrow, the mid-market buyout fund of Initiative & Finance.
The Squire Patton Boggs team was led by Paris Corporate partners Charles Fabry and Anthony Guillaume, assisted by associates Victor Dransard and Elise Crouzil.
As a leading provider of sprinkler-based fire protection systems in France, Airess has established itself as a key player in the French market. Airess’s business focuses on the installation and maintenance of fire protection systems for a variety of environments, including public-access facilities, industrial sites, logistics hubs, and data centres.
