Natixis Partners advised Zodiac Milpro on the structuring of a new unitranche debt facility.

Zodiac Milpro strengthens its financing capabilities to support its growth trajectory.   With this new financing, Zodiac Milpro accelerates its development momentum and reaffirms its ambition to consolidate its leadership across its strategic markets. A global leader in high-performance inflatable and semi-rigid boats, Zodiac Milpro has secured new financial resources to support an ambitious growth strategy focused on product range development, expanded production capacity, and targeted acquisitions. In a context of strong commercial and industrial momentum, the group has refinanced its existing unitranche debt with Eiffel Investment Group and Alantra Private Debt. This strategic transaction enables the full repayment of the previous financing provided by Eurazeo, as well as the redemption of the convertible bonds (OBSA) held by Argos Wityu, Zodiac Milpro’s majority shareholder since 2018. This new financing comes as Zodiac Milpro continues on a solid growth path driven by innovation and diversification. The group has notably strengthened its position in the defense and security markets, thanks to the enhanced performance of its Zodiac Hurricane range—a global reference for special forces units. In parallel, Zodiac Milpro has expanded into the luxury segment through the acquisition of Yachtwerft Meyer (Germany) in 2022, a specialist in megayacht tenders, and Vectis Marine Design (UK) in 2021, an expert in naval engineering and the design of special vessels. As a result of this strategy, the group has doubled its revenue over the past five years to reach €110 million, 90% of which is generated internationally. Natixis Partners is proud to have supported Zodiac Milpro in this transaction and warmly thanks the management team for their trust.