M&A Deal Summary

International Aerospace Coatings Acquires Associated Painters

On April 16, 2013, International Aerospace Coatings acquired aerospace company Associated Painters

Acquisition Highlights
  • This is International Aerospace Coatings’ 1st transaction in the Aerospace sector.
  • This is International Aerospace Coatings’ 1st transaction in the United States.
  • This is International Aerospace Coatings’ 1st transaction in Washington.

M&A Deal Summary

Date 2013-04-16
Target Associated Painters
Sector Aerospace
Buyer(s) International Aerospace Coatings
Deal Type Add-on Acquisition

Target

Associated Painters

Spokane, Washington, United States
Headquartered in Spokane, Washington, with four state-of-the-art facilities in the United States, Associated Painters has been reimaging and painting all types of domestic and international aircraft since 1986. With over 2,000 aircraft painted to date, Associated Painters has emerged in the aerospace industry as the service provider of choice for aircraft manufacturers like Boeing, modification centers like Aviation Technical Services, Inc. (ATS) in Everett, Washington, AAR Aircraft Services (AAR) – in Oklahoma, and FlightStar in Jacksonville, Florida, as well as international and domestic airline companies. Currently, Associated Painters refinishes over 200 aircraft per year in four strategic locations in the United States.

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Buyer(S) 1

Buyer

International Aerospace Coatings

Shannon, Ireland

Category Company
Sector Aerospace
DESCRIPTION

International Aerospace Coatings is a provider of services to the aviation industry, including exterior and interior aircraft painting, aircraft refurbishment, and graphics together with a range of specialist services. IAC provides these services to commercial airlines and OEMs, VIP aircraft fleets, aviation leasing companies, and the military. International Aerospace Coatings is based in Shannon, Ireland.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1