Largest Aerospace Buyout Transactions in 2019

Onboard Systems International is a provider of external cargo handling equipment for airframe manufacturers, military forces, and commercial helicopter operators around the world. Onboard Systems International was founded in 1975 and is based in Vancouver, Washington.

Liberty Hall Capital Partners
Investor
Private Equity Firm
Charleston, South Carolina
www.libertyhallcapital.com
Advisor: Gibson, Dunn & Crutcher

Air Black Box is a travel technology company dedicated to transforming the travel selling process through decades of domain expertise, patented integration technology and a vision for innovation. Air Black Box’s industry-first comprehensive travel connection platform enables airlines, airports and travel providers to expand their market footprint, boost passenger volume, increase core and ancillary revenue, and create new sales opportunities by efficiently and cost-effectively facilitating the cross-selling, distribution and fulfillment of travel products and services. Air Black Box was founded in 2013 and is based in Manchester, England.

777 Partners
Investor
Private Equity Firm
Miami, Florida
www.777part.com

AvAir focused on supplying aviation aftermarket parts. AvAir was founded in 2000 and is based in Chandler, Arizona.

Corrum Capital
Investor
Private Equity Firm
Charlotte, North Carolina
www.corrumcapital.com

AirMap is an airspace management platform for drones. Industry developers, drone operators, and airspace managers rely on AirMap’s airspace intelligence and services to fly safely and communicate in low-altitude airspace. AirMap unlocks safe, efficient, and scalable operations by connecting the world’s drones to airspace authorities through an open platform of APIs and SDKs, with integrations by top drone manufacturers and solution providers in over 25 countries. AirMap is a leader in delivering technology solutions for UAS Traffic Management (UTM) and U-space to enable safe and responsible drone operations at scale. AirMap was founded in 2014 and is based in Santa Monica, California.

Macquarie Capital
Investor
Private Equity Firm
Sydney, Australia
www.macquarie.com/us/about/company/macquarie-capital/

Aircraft Interior Refurbishment España S.L. provides maintenance, repair, and overhaul of aircraft cabin interiors. AIRE portfolio of services currently includes: (i) the maintenance of seats, galley elements, stowages and panels, (ii) the modification and reconditioning of cabins, (iii) the manufacture of covers, carpets and adhesive labels and (iv) the certification of modifications to aircraft cabins and its components. Aircraft Interior Refurbishment España S.L. was founded in 2000 and is based in Madrid, Spain.

GED Capital
Investor
Private Equity Firm
Madrid, Spain
www.gedcapital.com
Advisors: King & Wood Mallesons , KPMG Corporate Finance

Sabena Technics is a provider of maintenance, repair, and overhaul (MRO) services for both the military and civil aerospace sector. Sabena Technics was founded in 1968 and is based in Paris, France.

TowerBrook Capital Partners
Investor
Private Equity Firm
New York, New York
www.towerbrook.com

Sagard
Investor
Asset Manager
Montreal, Quebec
www.sagard.com

Bpifrance Investissement
Investor
www.bpifrance.fr

Sentry Aerospares is a 24/7 globally respected supplier of aircraft spare parts for airlines, cargo operators, leasing companies, and MROs. Sentry Aerospares is based in Watford, England.

Acorn Capital Management
Investor
Private Equity Firm
Oklahoma City, Oklahoma
www.acorncapitalmanagement.com

AerFin is a specialist in providing cost-saving aftermarket support solutions to the aviation industry. AerFin seeks and finds new ways of providing exceptional services that deliver exactly what customers need. AerFin excels at delivering innovative programs to reduce costs and maintain the quality and technical integrity of their aircraft and engines. AerFin was founded in 2010 and is based in South Glamorgan, United Kingdom.

CataCap
Investor
Private Equity Firm
Copenhagen, Denmark
www.catacap.dk

AIM MRO is a manufacturer and supply chain manager of highly engineered consumable repair products and materials used primarily in the aerospace engine aftermarket. AIM MRO has differentiated itself by offering a “one-stop-shop” serving aerospace engine and gas turbine Maintenance, Repair and Overhaul (“MRO”) facilities worldwide in their demand for highly engineered consumable parts and materials used in the repair of flight-critical engine components. AIM MRO takes an analytical approach to integrate the multi-site material spend of global engine component repair operations in order to deliver significant value and customized solutions for its customers. AIM MRO was founded in 1993 and is based in Miamiville, Ohio.

AE Industrial Partners
Investor
Private Equity Firm
Boca Raton, Florida
www.aeroequity.com
Advisors: Kirkland & Ellis , Ernst & Young Capital Advisors

Columbia Helicopters is a provider of heavy-lift rotorcraft, manufacturing, and MRO services to a variety of end markets including military support, firefighting, and on-shore oil & gas. Columbia Helicopters supports commercial and government operators with a comprehensive range of responsive life-cycle support and MRO services, from tip to tail, in the hangar or in the field maintenance. Columbia Helicopters was founded in 1957 and is based in Aurora, Oregon.

AE Industrial Partners
Investor
Private Equity Firm
Boca Raton, Florida
www.aeroequity.com
Advisors: Kirkland & Ellis , Rothschild Global Advisory , PwC Corporate Finance

Heads Up Technologies designs, engineers and manufactures complex, proprietary cockpit, cabin, and aircraft electrical components and systems to the business and commercial aviation markets. Heads Up have established itself as a trusted partner in the business aviation segment through longstanding relationships with leading OEMs. Heads Up Technologies was founded in 1985 and is based in Addison, Texas.

JLL Partners
Investor
Private Equity Firm
New York, New York
www.jllpartners.com

Topcast connects suppliers with customers in all segments of aviation including airlines, Maintenance, Repair, and Overhaul (MRO) service providers and Original Equipment Manufacturers (OEMs). Topcast operates as an extension of the suppliers offering not only aftermarket support, but also the development of new businesses for its principals. The company also provides technical support and maintenance services and distribution of industrial cables and wires. Topcast was founded in 1991 and is based in Hong Kong, China.

Permira
Investor
Private Equity Firm
London, United Kingdom
www.permira.com
Advisor: HSBC Global Banking and Markets

Sagetech Avionics is an aerospace technology company, empowering safe flight in crewed and uncrewed aircraft with situational awareness solutions built from mission-critical transponders, software, and related technologies. Sagetech Avionics is based in Bingen, Washington.

Columbia River Partners
Investor
Private Equity Firm
Seattle, Washington
www.columbiariverpartners.com

Spectrum Aeromed designs and manufactures fixed and rotor wing air ambulance medical interiors for hospital programs, multi-mission charters, private operators, and military branches around the world. The Company also provides customized VIP emergency medical interior suites for executive and heads of state aircraft. Spectrum Aeromed is based in Fargo, North Dakota.

Heartland Equity Partners
Investor
Private Equity Firm
Brooklyn Center, Minnesota
www.heartland.fund