Oaktree Capital to Acquire Significant Minority Stake in Groupe SAF

July 27, 2017

Willkie represents Oaktree Capital, a leading global investment management firm, in its agreement to acquire a stake in Groupe SAF, a major provider of helicopter services.

It was recently announced that Willkie client Oaktree Capital has agreed to acquire a significant minority stake in Groupe SAF, a major provider of helicopter services. Oaktree joins historical shareholders Bpifrance, BNP Paribas Développement and Crédit Agricole des Savoie Capital in assisting with the reorganization of the Group's capital in France and internationally.

Groupe SAF, a French leader in its sector, provides mountain rescue, helicopter emergency medical services, aerial technical work services, geophysics and mining services and maintenance services under the SAF Hélicoptere, Helicap and SAF industries brands. It is the second-largest aircraft operator in France after Air France.

Oaktree is a leader among global investment managers specializing in alternative investments with $100 billion in assets under management as of March 31, 2017. The firm employs over 900 employees and has offices in 18 cities worldwide.

The Willkie deal team was led by partner Eduardo Fernandez and included national partner Gregory de Saxcé; special European counsel Charles-Antoine Erignac and Sophie-Jeanne Laroche; and associates Xavier Nassoy, Camille Rezette, Perrine Saunier and Loic Toilier.