Vernet Group, a portfolio company of Stirling Square Capital Partners, has acquired Rostra Vernatherm, a portfolio company of Nikel Holdings and Valencia Capital for

an undisclosed amount.

Benoit Halard, President of Vernet Group said: “We are very pleased with this acquisition. Joining forces with Rostra Vernatherm will be beneficial for our customers who will enjoy expanded capabilities and access to additional technology solutions. By acquiring Rostra Vernatherm, Vernet Group is continuing its growth strategy and diversification into aerospace and defense.”

Rostra Vernatherm name will change to Vernatherm by Vernet. It will benefit from the Vernet Group's size, capabilities and organizational structure. Its ability to innovate and its expertise will be bolstered. In addition, its capacity to provide improved services will be developed, notably due to Vernet's global footprint.