Blue Sea Capital Acquires Sun Valley Machine Works, Inc.July 22, 2014
Blue Sea Capital LLC (“Blue Sea”) announced today the formation of Sunvair Aerospace Group, Inc. (“Sunvair” or the “Company”), a platform through which it acquired certain operating assets and liabilities of Sun Valley Machine Works, Inc. (dba Sunvair), a provider of MRO services to the commercial and military aerospace industry.
Sunvair is a leading, independent provider of landing gear overhaul and component repair services for commercial and military aircraft. The Company’s capabilities and certifications include a number of leading aircraft platforms, such as the Boeing 737, Lockheed C-130 and Airbus A320. The Company services both domestic and international aircraft operators from its Valencia, California headquarters and FAA repair station. The Company’s commitment to quality and service has earned it numerous customer accolades, including twice Boeing “Supplier of the Year,” and repeatedly a Boeing “Gold Supplier.”
“Sunvair’s robust technical capabilities, 50+ year history and strong industry reputation make it an excellent first acquisition for our aerospace MRO services platform,” said Mark Silk, Partner at Blue Sea. “We are aggressively seeking acquisition opportunities to expand our capabilities to even better serve our customer base.”
According to Bob Dann, President of Sunvair, “We selected Blue Sea as our partner because they have been in the aerospace industry for a long time and have a good understanding of our business. We look forward to continuing to provide our customers with the highest level of service.”
Sunvair (www.sunvair.com) is a leading, independent MRO services provider based in Valencia, California. Founded in 1956, Sunvair specializes in landing gear overhauls and component repairs for both commercial and military aircraft. The Company has built a reputation among leading aircraft operators for high quality, responsive customer service and rapid turnaround.
Blue Sea Capital (www.blueseacapital.com) is a private equity firm based in West Palm Beach, Florida, that invests in growth-oriented lower middle market companies with EBITDA of up to $30 million. The firm has over $1.3 billion in committed capital and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.