Worldwide Flight Services Holding, S.A.
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Worldwide Flight Services Holding, S.A. - overview
Established
1971
Location
Paris CDG, -, France
Primary Industry
Logistics & Distribution
About
Based in France, Worldwide Flight Services Holding, S. A. delivers essential air cargo logistics and ground handling solutions, ensuring efficient operations for airlines and freight companies across the globe. Worldwide Flight Services Holding, S.
A. , founded in 1971, specializes in air cargo logistics and ground handling services. The company is headquartered in Paris Charles de Gaulle Airport, France. In September 2022, SATS Ltd.
acquired WFS from Cerberus Capital Management for EUR 1. 3 billion, aligning with SATS' strategy to enhance its operational capabilities globally. The firm has engaged in six funding rounds to date, with the latest round being a TRADE SALE. The company's affairs are overseen by CEOs Manish Agnihothri and Michael Simpson.
Worldwide Flight Services (WFS) operates as a member of the SATS Group and provides comprehensive air cargo logistics and ground handling services. Their offerings include air cargo management, ground handling, and logistical solutions tailored for airlines and freight companies. Serving clients in North America, Europe, and Asia-Pacific, WFS operates in over 215 locations worldwide, maintaining high operational standards and security protocols. In 2023, Worldwide Flight Services generated revenue of EUR 32,570,340.
60, while reporting an EBITDA loss of EUR 16,694,856. 70. Following its acquisition by SATS Ltd. , which was completed in September 2022, Worldwide Flight Services is set to expand its network and capabilities, particularly in Asia and globally, in alignment with SATS' growth engine strategy.
The recent funding of EUR 1. 3 billion will support this expansion, facilitating the launch of new products and further enhancing services to meet diverse client needs.
Current Investors
Cerberus Capital Management
Primary Industry
Logistics & Distribution
Sub Industries
Airlines & Air Travel, Freight Transportation Services
Website
www.wfs.aero
Company Stage
Mature
Total Amount Raised
Subscriber access only
Worldwide Flight Services Holding, S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Maytag Aircraft Corporation | - | ||||||||
| Trade Sale | Completed | Worldwide Flight Services Holding, S.A. | - | ||||||||
| Add-on | Completed | Mercury Air Group, Inc. | - | ||||||||
| N/A | Completed | Kystvejen 32 | - | ||||||||
| Secondary Buyout | Completed | Worldwide Flight Services Holding, S.A. | - |
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