---
title: "August Debouzy advises the GTD Group on the carve-out of GTD Space & Security and Latour Capital’s acquisition of a majority stake"
id: "10517"
type: "post"
slug: "august-debouzy-advises-the-gtd-group-on-the-carve-out-of-gtd-space-security-and-latour-capitals-acquisition-of-a-majority-stake"
published_at: "2026-09-23T12:55:14+00:00"
modified_at: "2026-09-23T12:55:16+00:00"
url: "https://www.august-debouzy.com/en/deal/august-debouzy-advises-the-gtd-group-on-the-carve-out-of-gtd-space-security-and-latour-capitals-acquisition-of-a-majority-stake/"
markdown_url: "https://www.august-debouzy.com/en/deal/august-debouzy-advises-the-gtd-group-on-the-carve-out-of-gtd-space-security-and-latour-capitals-acquisition-of-a-majority-stake.md"
taxonomy_category:
  - "Deal"
taxonomy_language:
  - "English"
taxonomy_post_translations:
  - "pll_6ab3cc32b6a2c"
taxonomy_tax_expertise:
  - "Mergers and Acquisitions"
  - "Private equity"
---

Summarize with AI

August Debouzy advised the GTD Group, alongside Cuatrecasas, on the carve-out of its Space & Security division, now known as Celeres, and Latour Capital’s acquisition of a majority stake in Celeres. Following the transaction, Latour Capital became the majority shareholder of Celeres, alongside the GTD Group, which reinvested in the company, and the management team.

Celeres is a European technology company specializing in mission-critical software and systems for real-time monitoring, control and operations, with expertise spanning the space, defense, transportation and critical infrastructure sectors. The company employs approximately 160 people across Spain, France, Germany and the United Kingdom and generates annual revenue of approximately €30 million.

The August Debouzy team comprised Jérôme Brosset (Partner), Audrey Thomas (Counsel) and Hortense Coulon (Associate) on corporate/M&A matters, and Vincent Brenot (Partner) on FDI and regulatory matters.

Share

- Linkedin
- Copy Link

Summarize with AI

### Authors

4

- [Jérôme Brosset](https://www.august-debouzy.com/en/collaborateur/jerome-brosset/)
- [Audrey Thomas](https://www.august-debouzy.com/en/collaborateur/audrey-thomas/)
- [Hortense Coulon](https://www.august-debouzy.com/en/collaborateur/hortense-coulon/)
- [Vincent Brenot](https://www.august-debouzy.com/en/collaborateur/vincent-brenot/)

### Practice Area

2

- [Mergers and Acquisitions](https://www.august-debouzy.com/en/tax-expertise/mergers-acquisitions/)
- [Private equity](https://www.august-debouzy.com/en/tax-expertise/private-equity/)

## Discover more content that might interest you

News

[18/09/26 Deal 2 min August Debouzy Advises Tier 1 Investors (Ecolab, Japan Hydrogen Fund, Marcegaglia, Rio Tinto, and Siemens Financial Services) in GravitHy’s €60 Million Fundraising for the Development of its Low-Carbon Iron Plant in Fos-sur-Mer August Debouzy advised a consortium of Tier 1 international investors on **GravitHy’s €60 million fundraising** to accelerate the development of its low-carbon iron plant in Fos-sur-Mer. The project notably includes a 750 MW electrolyzer to produce green hydrogen for iron production. Read more](https://www.august-debouzy.com/en/deal/august-debouzy-advises-tier-1-investors-ecolab-japan-hydrogen-fund-marcegaglia-rio-tinto-and-siemens-financial-services-in-gravithys-e60-million-fundraising-for-the-development-of-its-low-carb/)
[17/09/26 Deal 3 min August Debouzy advises Main Capital Partners and its portfolio company cisbox on the acquisition of Oxalys Technologies August Debouzy a conseillé Main Capital Partners et sa société en portefeuille cisbox dans le cadre de l’acquisition d’Oxalys Technologies, éditeur français de solutions SaaS Source-to-Pay. Cette opération renforce l’offre de cisbox et soutient son ambition de devenir un acteur paneuropéen de référence des logiciels dédiés à la fonction finance. Read more](https://www.august-debouzy.com/en/deal/august-debouzy-advises-main-capital-partners-and-its-portfolio-company-cisbox-on-the-acquisition-of-oxalys-technologies/)
[09/09/26 Deal 1 min August Debouzy is advising the SPHERE Group August Debouzy advised the SPHERE Group, backed by Hivest Capital Partners, on its acquisition of Polyex, a French specialist in polyethylene packaging. This transaction strengthens SPHERE’s position in Europe, diversifies its customer base and supports its European expansion strategy. Read more](https://www.august-debouzy.com/en/deal/august-debouzy-is-advising-the-sphere-group/)