Announced Date: August 2022
o3 Capital acted as the Exclusive Financial Advisor to AXISCADES Technologies on its Structured Financing towards Closing the Acquisition of its Subsidiary - Mistral Solutions
We are pleased to announce that our client, AXISCADES Technologies Limited (“AXISCADES"), has successfully raised structured financing towards the balance payments and consummation of its acquisition of Mistral Solutions Private Limited ("Mistral").
Established in 1990, AXISCADES is a publicly listed product engineering solutions company catering to aerospace, defence, heavy engineering, automotive, energy, medical and healthcare sectors. It currently employs a team of over 1,600+ people and has a global presence with offices / engineering centres spread worldwide, including North America, Europe and Asia.
Mistral is a globally recognized embedded design company employing 400+ engineers and is providing end to end product design & engineering services having expertise in high growth segments such as Aerospace, Defence, Homeland Security etc.
The synergistic benefits for AXISCADES, post completion of this acquisition, will help the Company create IPs, expand its client base and further broaden its service offerings to original equipment manufacturers and defence customers. It will also help the Company become a significant player in the defence offset and digital technologies space. This synergistic partnership is also expected to provide substantial growth opportunities to both the Companies going forward and derive value for all the Stakeholders.
o3 Capital acted as the Exclusive Financial Advisor to AXISCADES on this transaction. The transaction also reiterates o3's strong credentials in the engineering and tech services space.