Investment Summary

Next Sparc Growth Partners and CAE Invest In Simcom

On August 29, 2019, growth capital firm Next Sparc Growth Partners and CAE invested in aerospace company Simcom from Directional Aviation Capital and Resilience Capital Partners

Investment Highlights
  • This is Next Sparc Growth Partners’ 1st and CAE’s 1st transaction in the Aerospace sector.
  • This is Next Sparc Growth Partners’ 7th and CAE’s 3rd transaction in the United States.
  • This is Next Sparc Growth Partners’ 1st and CAE’s 1st transaction in Florida.

Investment Summary

Date 2019-08-29
Target Simcom
Sector Aerospace
Investor(s) Next Sparc Growth Partners
CAE
Sellers(s) Directional Aviation Capital
Resilience Capital Partners
Deal Type Stake Purchase

Target

Simcom

Orlando, Florida, United States
Simcom is a privately-owned, comprehensive learning institution, SIMCOM utilizes realistic simulator-based training to provide advanced aviation training services to professional pilots, owner-operators, Part 135 operators and maintenance personnel operating in general aviation, regional, military, government and cargo operations around the world. Simcom was founded in 1989 and is based in Orlando, Florida.

Search 200,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

DESCRIPTION


DEAL STATS #
Overall 7 of 12
Sector (Aerospace) 1 of 1
Type (Stake Purchase) 1 of 1
State (Florida) 1 of 2
Country (United States) 7 of 11
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-06 Way Interglobal Network

Elkhart, Indiana, United States

Way Interglobal Network is a distributor for RV appliances, electronics, furnishings and more. Way Interglobal Network is based in Elkhart, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-18 Zilker Technology

Austin, Texas, United States

Zilker Technology is a digital consultancy and systems integrator focused on creating lasting and valuable customer experiences, with deep sector experience in consumer products, health care, financial services, energy, and utilities. Zilker Technology was formed in 2014 and is based in Austin, Texas.

Sell -
Investor

CAE

Saint-Laurent, Quebec, Canada

Category Company
Founded 1947
Sector Defense
Employees13,000
Revenue 4.2B CAD (2023)
DESCRIPTION

CAE engages in modeling, simulation, and training for civil aviation and defense. CAE offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crewmembers yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 11 CAE-operated flight. CAE was founded in 1947 and is based in Saint-Laurent, Quebec.


DEAL STATS #
Overall 6 of 12
Sector (Aerospace) 1 of 1
Type (Stake Purchase) 1 of 2
State (Florida) 1 of 4
Country (United States) 3 of 7
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-16 Oxford Aviation Academy UK

London, United Kingdom

Oxford Aviation Academy is a provider of aviation training, personnel solutions and technical support services. OAA offers JAA approved aviation training from ab initio through to type rating including base and line training.

Buy CA$314M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 Flight Simulation B.V.

Schiphol-Oude Meer, Netherlands

Flight Simulation Co. B.V. provides total training solutions as well as instructor provisioning. It operates out of a 12-bay facility equipped with Airbus A320, Boeing B737, Boeing B747, Boeing B787, and Embraer E190 full-flight simulators. Flight Simulation was founded in 2005 and is based in Schiphol-Oude Meer, Netherlands.

Buy €70M

Seller(S) 2

DESCRIPTION

Directional Aviation Capital is a private investment and holding company focused on the aviation sector. Specific areas of interest include fractional jet ownership, jet cards, charter, fleet management, remanufacturing, and aviation parts distribution. Directional Aviation Capital was established in 1981 and is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Stake Purchase) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-19 Simcom

Orlando, Florida, United States

Simcom is a privately-owned, comprehensive learning institution, SIMCOM utilizes realistic simulator-based training to provide advanced aviation training services to professional pilots, owner-operators, Part 135 operators and maintenance personnel operating in general aviation, regional, military, government and cargo operations around the world. Simcom was founded in 1989 and is based in Orlando, Florida.

Buy -
SELLER

Resilience Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 675M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Resilience Capital Partners is a private equity firm focused on investing in lower middle-market underperforming and turnaround situations. Resilience targets non-core divisions or subsidiaries, companies with severe operational issues, businesses suffering from insufficient management focus, and privately held companies with lack of access to capital. Sectors of interest include niche manufacturing, specialty chemicals, and industrial services. Prospective companies are generally located in North America with $25 to $250 million in revenue, and EBITDA typically under $20 million. Resilience Capital Partners was formed in 2001 and is located in Cleveland, Ohio.


DEAL STATS #
Overall 13 of 19
Sector (Aerospace) 1 of 1
Type (Stake Purchase) 2 of 2
State (Florida) 1 of 1
Country (United States) 13 of 19
Year (2019) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-10 Systron Donner Inertial

Concord, California, United States

Systron Donner, Inc. is a provider of quartz microelectromechanical systems (QMEMS) used in inertial sensing products that provide precision guidance, navigation, and locational solutions, Systron Donner develops products that have been used in everything from business aircraft to fighter jets to the MARS Rover. Systron Donner, Inc. was founded in 1953 and is based in Concord, California.

Sell $26M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Porter’s Group Holdings

Bessemer City, North Carolina, United States

Porter’s Group Holdings LLC is a provider of metal fabrication solutions serving the security, military, mining, heavy equipment, and trucking industries. Porter's Group was founded in 1964 and is based in Bessemer City, North Carolina.

Sell -