Sunvair Aerospace is a leading provider of aircraft component maintenance, repair and overhaul (MRO) services, specializing in landing gear, cargo systems and circuit board repair.
Transaction rationale
Prior to partnering with Blue Sea Capital, Sunvair was a second-generation, family-owned business. The family sought a committed and impactful steward that would respect Sunvair’s 60-year history and build upon its legacy of outstanding quality.
Investment highlights
Working with a newly recruited leadership team, we built a diversified MRO services provider through capability expansion and strategic acquisitions. We first invested in a greenfield state-of-the art landing gear facility that has earned outstanding marks for its environmental stewardship. Subsequent strategic acquisitions of Aviation Avionics & Instruments, Scott Instrument, Advanced Tooling and Mingo Aerospace added additional capabilities. Over the span of our investment, Sunair’s revenue has grown 5 times and its earnings have risen 7 times.
Value creation through transformation
