M&A Deal Summary

Versa Integrity Group Acquires Avion Commercial

On January 25, 2022, Versa Integrity Group acquired aerospace company Avion Commercial from Avion Solutions

Acquisition Highlights
  • This is Versa Integrity Group’s 1st transaction in the Aerospace sector.
  • This is Versa Integrity Group’s 4th transaction in the United States.
  • This is Versa Integrity Group’s 1st transaction in Alabama.

M&A Deal Summary
Date 2022-01-25
Target Avion Commercial
Sector Aerospace
Buyer(s) Versa Integrity Group
Sellers(s) Avion Solutions
Deal Type Divestiture

Target

Avion Commercial

Huntsville, Alabama, United States
Avion Commercial provides drone imagery, inspection, data collection, and training services for corporate clients across the US. Avion Commercial is based in Huntsville, Alabama.

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Buyer(S) 1

Buyer

Versa Integrity Group

Lake Charles, Louisiana, United States
Category Company
Sector Business Services
DESCRIPTION

Versa Integrity Group offers a full range of inspection and maintenance repair services to industrial, refining and chemical plants, offshore oil platforms, and other industries including nondestructive evaluation (“NDE”) inspection, automated ultrasonic testing and high-end evaluation technologies such as a phased array, time of flight diffraction, and rope access. Versa Integrity Group is based in Lake Charles, Louisiana.

DEAL STATS #
Overall 4 of 4
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 4 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 Element Integrity Group

Bartlesville, Oklahoma, United States

Element Integrity Group, Inc. provides innovative mechanical integrity and non-destructive testing services to the petrochemical industry, including in consulting, program implementation, inspection, verification, and testing.

Buy -

Seller(S) 1

SELLER

Avion Solutions

Huntsville, Alabama, United States
Category Company
Founded 1992
Sector Aerospace
DESCRIPTION

Avion Solutions is an employee-owned business providing engineering, programmatic, logistics, and technical solutions to the U.S. military. Avion Solutions was founded in 1992 and is based in Huntsville, Alabama.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 Synectic Research & Analysis

Huntsville, Alabama, United States

Synectic Research & Analysis is a specialized company focusing on test planning and analysis, software development, and modeling and simulation for Space and Missile Defense programs. Synectic Research & Analysis was founded in 2001 and is based in Huntsville, Alabama.

Buy -
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