Airway Services LLC

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Airway Services LLC - overview

Established

2008

Location

San Angelo, TX, US

Primary Industry

Business Support Services

About

Airway Services LLC specializes in providing efficient heavy haul transportation and logistics solutions primarily for the renewable energy sector, ensuring safe and timely movement of large and complex equipment. Airway Services LLC, founded in 2008, operates from San Angelo, US, focusing on heavy haul transportation and logistics management. The company has engaged in two notable deals, with the most recent being in October 2021 when it was acquired by Takkion Holdings LLC, enhancing operational capabilities in long-term maintenance solutions for wind energy and battery storage markets. Mr.


Chase Hord remains CEO of Airway Services LLC and takes on a role as Co-Chief Operating Officer at Takkion Holdings LLC. Airway Services LLC's primary offerings encompass comprehensive heavy haul transportation services, logistics management, crane and rigging, and operations and repair services within the renewable energy sector. The company specializes in moving large and complex equipment safely, cost-effectively, and on schedule, addressing the logistical challenges faced by energy firms and contractors. They operate a model that integrates various phases of the supply chain, ensuring efficient management from port to pad, and support lifecycle initiatives in the renewable energy sector.


Airway Services LLC generates revenue through business-to-business transactions with energy firms and contractors. It engages in long-term partnerships involving project-based contracts and recurring service fees. Their services are priced based on project scope and complexity, with structured contracts ensuring clarity in pricing and service expectations, fostering a reliable revenue stream in energy logistics and infrastructure development. Following the acquisition by Takkion Holdings LLC in October 2021, Airway Services LLC plans to broaden its operations in the long-term operations and maintenance (O&M) sector for wind energy and battery storage markets.


The rationale for this strategic move includes leveraging Takkion's resources to enhance service offerings. Specific target markets for expansion include increased operations within the renewable energy sector across North America, aiming for implementation in the upcoming years.


Current Investors

Apollo , Takkion Operating LLC

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services, Construction

Website

www.airwayservicesinc.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Airway Services LLC - 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-on, Trade SaleCompletedAirway Services LLC-
BuyoutCompletedAirway Services LLC-

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