Airforms, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Airforms, Inc. - overview

Established

1998

Location

Wasilla, AK, US

Primary Industry

Aerospace

About

Airforms, Inc. designs and manufactures essential aircraft components, providing FAA PMA-approved parts to enhance safety and reliability for various aircraft models, primarily in the North American aviation market. Founded in 1998 in Wasilla, US, Airforms, Inc. specializes in the manufacture of aircraft components.


In June 2022, McFarlane Aviation, Inc. acquired Airforms, Inc. , allowing for an expansion of engineering teams and product offerings. The company has been involved in 1 deal to date, with the most recent deal taking place on June 21, 2022.


Airforms, Inc. specializes in the design and manufacturing of aircraft engine baffles and structural components for various aircraft models. Their primary offerings include FAA PMA-approved parts such as the Crew Ladder Assembly components for the C208/208B aircraft and Nose Gear Fork Bolts for the EADS CASA 212 aircraft. These products are engineered to enhance the operational safety and reliability of aging utility aircraft, addressing critical maintenance and operational needs in the aviation sector.


Airforms serves a diverse client base, which includes aircraft operators, maintenance organizations, and OEMs (Original Equipment Manufacturers), primarily focusing on the North American and select international markets. The company’s commitment to quality and compliance ensures that their components meet stringent regulatory standards, thereby fostering trust among end users who prioritize safety and longevity in their aircraft operations. Airforms, Inc. generates revenue through direct sales of its FAA PMA-approved components to a range of clients, including aviation maintenance facilities and aircraft operators.


The transactional structure typically involves B2B relationships, where clients place orders for specific parts based on their operational requirements. The company's pricing strategy reflects the value of its products, which include essential components such as the Crew Ladder Assembly and Nose Gear Fork Bolts, tailored to meet the needs of both commercial and private aviation sectors. These sales are often facilitated through direct contracts or purchase agreements, ensuring that clients receive the necessary parts promptly to minimize aircraft downtime. Airforms’ focus on customer satisfaction and regulatory compliance further strengthens its market position and fosters ongoing business relationships within the aviation industry.


With the acquisition by McFarlane Aviation, Inc. , Airforms, Inc. plans to expand its product offerings and enhance its engineering capabilities. The integration is expected to leverage McFarlane’s established market presence to enter new geographic regions by 2023.


The funding from this acquisition will support the scaling of operations and the development of new products to meet the evolving needs of the aviation sector.


Current Investors

McFarlane Aviation, LLC

Primary Industry

Aerospace

Sub Industries

Aerospace, Automobiles, Other Vehicles & Parts

Website

www.airforms.biz

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Airforms, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAirforms, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.