Private equity firm Nexxus Iberia has acquired a majority stake in Aerocamaras, a Spanish company that provides training for drone pilots.

Tresmares provided a debt package to support the acquisition and the company’s growth plans.

Founded in 2007 and based in Lalín, Aereocamaras offers online courses for unmanned aerial vehicles (UAV) training and certifications in a range of fields and applications including drone piloting for agriculture, infrastructure control, security, emergencies and audio-visual production. The company also provides aeronautical management services and equipment supply.

Aereocamaras generates annual revenue of around €10 million, this publication understands.

Nexxus intends to boost the company’s international growth throughout Europe and Latin America and the expansion of its drone services business unit.

This is the ninth deal inked by the firm via its Nexxus Iberia Private Equity Fund I, a €170 million vehicle raised in 2020.

Nexxus was advised by V4 Financial Partners (M&A), Andersen (legal), Deloitte (financial due diligence), Attalea Partners (ESG due diligence) and Aon (insurance due diligence), while Abanca Investment Banking and Cuatrecasas advised Aerocamaras.

Date published: 1 April 2022

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