MIAMI, FL – (April 17, 2017) Trivest Partners (“Trivest”) announces it has made an investment in Aerospace Resource Group, LLC (“ARG” or “the Company”). The ARG transaction represents the 2nd platform company investment in the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to making growth and non-control investments in founder/family-owned businesses.
ARG is a leading full-service aftermarket commercial, cargo and military aircraft maintenance, repair and overhaul (“MRO”) provider and parts supplier based in Miami, Florida. With over 120 employees, ARG provides MRO services across a broad aerospace spectrum, including aircraft components, structures and interiors. In addition, the Company provides on-wing assistance through worldwide parts supply. ARG’s customer base represents a “who’s who” of global passenger and cargo operators.
Through the leadership of ARG’s Founder and CEO, ARG has developed a reputation of high quality and strong reliability in the aviation community. The Company is holds numerous certifications from the FAA (certified 145 repair station) as well as EASA and ANAC.
Thanks to TGIF, ARG now has a debt-free balance sheet and is poised for growth. The Company has identified a number of opportunities, both organic and acquisition strategies, that can now be actively pursued with Trivest’s support.
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 225 transactions, totaling in excess of $5.5 billion in value. For additional information, please visit www.trivest.com.
