In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the following \u00ab summary of the operation \u00bb, containing the information provided by the parties.<\/p>\n
This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned<\/strong><\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration project involving the acquisition by \u00ab Audax Management Company, LLC \u00bb through its subsidiary, \u00ab Quatro Parent, Inc \u00bb, of the exclusive control of \u00ab S3 AeroDefense, LLC \u00bb through the acquisition of 100% of its share capital and associated voting rights.<\/p>\n \u00ab Quatro Parent, Inc \u00bb is a corporation formed under the laws of the State of Delaware in the United States of America, with its registered office at 1209 Orange Street, Wilmington, DE 19801, United States of America, and registered with the Delaware Division of Corporations under number 10488900. It is an ad hoc entity established for the purpose of the transaction and intended to hold interests in \u00ab S3 AeroDefense, LLC \u00bb. As such, \u00ab Quatro Parent, Inc \u00bb does not engage in any independent commercial activities. \u00ab Quatro Parent, Inc \u00bb is exclusively and indirectly controlled by funds managed or advised by \u00ab Audax Management Company, LLC \u00bb.<\/p>\n \u00ab Audax Management Company, LLC \u00bb is a limited liability company formed under the laws of the State of Delaware in the United States of America, with its registered office at 101 Huntington Ave, FL 25, Boston, MA 02199, United States of America, and registered under number 3047055 in the State of Delaware. It is an investment manager providing investment oversight services to investment vehicles and entities separate from the \u00ab Audax \u00bb group. The \u00ab Audax \u00bb group is a financial partner for middle-market companies, operating through three distinct business segments: \u00ab Audax Private Equity \u00bb, \u00ab Audax Private Debt \u00bb, and \u00ab Audax Strategic Capital \u00bb. The transaction is carried out by the \u00ab Audax Private Equity \u00bb segment, which primarily invests in companies active in the following sectors: business services, consumer, financial services, healthcare, industrial services and technologies, as well as software and technologies.<\/p>\n \u00ab S3 AeroDefense, LLC \u00bb is a limited liability company formed under the laws of the State of Wisconsin in the United States of America, with its registered office at 2101 West Camden Road, Milwaukee, WI 53209, United States of America, and registered under number J048287. It provides comprehensive maintenance, repair, and overhaul (MRO) solutions for military aircraft components. Its services range from component repairs to complex overhauls, covering a wide range of military platforms. The company relies on partnerships with original equipment manufacturers (OEMs) to perform quality-compliant repairs, using proprietary repair data and approved parts. In addition to its MRO services, \u00ab S3 AeroDefense, LLC \u00bb distributes original spare parts to military operators, MRO providers, repair centers, and distributors. Finally, \u00ab S3 AeroDefense, LLC \u00bb provides certain engineering and technical solutions.<\/p>\n <\/p>\n Done in Rabat, March 27, 2026<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the following \u00ab summary of the operation \u00bb, containing the information provided by the parties. This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The direct acquirer: \u00ab Quatro Parent, Inc \u00bb; The indirect acquirer: \u00ab Audax Management Company, LLC \u00bb; The target: \u00ab S3 AeroDefense, LLC \u00bb. Nature of the operation Exclusive control takeover. Economic sectors concerned Maintenance, repair, and overhaul (MRO) services and spare parts in the aeronautical sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e., April 8, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration project involving the acquisition by \u00ab Audax Management Company, LLC \u00bb through its subsidiary, \u00ab Quatro Parent, Inc \u00bb, of the exclusive control of \u00ab S3 AeroDefense, LLC \u00bb through the acquisition of 100% of its share capital and associated voting rights. \u00ab Quatro Parent, Inc \u00bb is a corporation formed under the laws of the State of Delaware in the United States of America, with its registered office at 1209 Orange Street, Wilmington, DE 19801, United States of America, and registered with the Delaware Division of Corporations under number 10488900. It is an ad hoc entity established for the purpose of the transaction and intended to hold interests in \u00ab S3 AeroDefense, LLC \u00bb. As such, \u00ab Quatro Parent, Inc \u00bb does not engage in any independent commercial activities. \u00ab Quatro Parent, Inc \u00bb is exclusively and indirectly controlled by funds managed or advised by \u00ab Audax Management Company, LLC \u00bb. \u00ab Audax Management Company, LLC \u00bb is a limited liability company formed under the laws of the State of Delaware in the United States of America, with its registered office at 101 Huntington Ave, FL 25, Boston, MA 02199, United States of America, and registered under number 3047055 in the State of Delaware. It is an investment manager providing investment oversight services to investment vehicles and entities separate from the \u00ab Audax \u00bb group. The \u00ab Audax \u00bb group is a financial partner for middle-market companies, operating through three distinct business segments: \u00ab Audax Private Equity \u00bb, \u00ab Audax Private Debt \u00bb, and \u00ab Audax Strategic Capital \u00bb. The transaction is carried out by the \u00ab Audax Private Equity \u00bb segment, which primarily invests in companies active in the following sectors: business services, consumer, financial services, healthcare, industrial services and technologies, as well as software and technologies. \u00ab S3 AeroDefense, LLC \u00bb is a limited liability company formed under the laws of the State of Wisconsin in the United States of America, with its registered office at 2101 West Camden Road, Milwaukee, WI 53209, United States of America, and registered under number J048287. It provides comprehensive maintenance, repair, and overhaul (MRO) solutions for military aircraft components. Its services range from component repairs to complex overhauls, covering a wide range of military platforms. The company relies on partnerships with original equipment manufacturers (OEMs) to perform quality-compliant repairs, using proprietary repair data and approved parts. In addition to its MRO services, \u00ab S3 AeroDefense, LLC \u00bb distributes original spare parts to military operators, MRO providers, repair centers, and distributors. Finally, \u00ab S3 AeroDefense, LLC \u00bb provides certain engineering and technical solutions. Done in Rabat, March 27, 2026<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-47009","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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