Acquisition History / Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) / GSE Composystem and Setroson
Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) Acquires GSE Composystem and Setroson
Announced June 17, 2025 — $16.8M
What happened
Three searchers merged two Spanish search funds and simultaneously acquired GSE Composystem (aerospace ground support equipment) and Setroson (aeronautical test equipment), creating a group with EUR7.4M revenue and EUR3.4M EBITDA in 2024.
- Target
- GSE Composystem and Setroson
- Announced
- June 17, 2025
- Price
- $16.8M
- Industry
- Aerospace and defence ground support equipment
- Buyer type
- Search fund
- Fund vehicle
- Phoenix Rise Capital; Orion Capital
- Backing investors
- ONEtoONE Asset Management, Beka Finance, Secways, Atiud Capital, Cabiedes Inversiones, Enrique Locutura, Leon Bartolome, Eugenio Rodriguez, Knudsen family, Barrilero Legal Angels
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) acquire GSE Composystem and Setroson?
Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) acquired GSE Composystem and Setroson on June 17, 2025. This was Phoenix Aerospace (Phoenix Rise Capital and Orion Capital)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) pay for GSE Composystem and Setroson?
Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) paid $16.8M for GSE Composystem and Setroson.
What does GSE Composystem and Setroson do?
Three searchers merged two Spanish search funds and simultaneously acquired GSE Composystem (aerospace ground support equipment) and Setroson (aeronautical test equipment), creating a group with EUR7.4M revenue and EUR3.4M EBITDA in 2024.
What other Aerospace and defence ground support equipment companies has Phoenix Aerospace (Phoenix Rise Capital and Orion Capital) acquired?
GSE Composystem and Setroson is Phoenix Aerospace (Phoenix Rise Capital and Orion Capital)'s only publicly tracked acquisition in Aerospace and defence ground support equipment so far.