DIMO Corp.

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DIMO Corp. - overview

Established

1994

Location

New Castle, DE, US

Primary Industry

Aerospace

About

DIMO Corp. is a leading distributor of aerospace components and systems, providing essential parts for both military and commercial aviation sectors. Founded in 1994 and headquartered in New Castle, US, DIMO Corp. specializes in aerospace distribution.


The company was acquired by Acorn Growth Companies in May 2019, although the financial terms of the deal were not disclosed. The current CEO is Omid Naghshineh. DIMO Corp. specializes in the distribution of aerospace components and systems, primarily focusing on military and commercial aircraft parts.


The company provides a comprehensive range of products, including fixed-wing and rotorcraft parts for various military aircraft such as the F-16, F-15, F-18, C-130, UH-60 Black Hawk, and commercial support for Boeing and Airbus models. Their inventory includes high-level assemblies and advanced technological solutions such as actuation systems, fiber optic devices, fluid rotary unions, and motors. By ensuring full traceability and offering Certificates of Conformance and FAA Form 8130-3 Certificates, DIMO Corp. caters to governmental air forces, land forces, and navies in over 50 countries globally, including markets in North America, Europe, and Asia.


DIMO Corp. generates revenue through direct B2B transactions with government entities and defense contractors, focusing on the sale of military and commercial aircraft parts. Transactions typically involve the procurement of parts and components, where clients place orders based on specific requirements, often resulting in contracts for long-term supply agreements. The company’s pricing structure reflects competitive rates, considering the specialized nature of their offerings and the urgency of fulfillment, particularly in military contexts.


DIMO Corp. maintains a strong reputation for on-time delivery and quality, which positions them favorably in the aerospace industry. Their flagship products are backed by numerous partnerships with OEMs, ensuring a steady flow of revenue through both individual sales and ongoing contracts with multiple defense entities. DIMO Corp.


is focused on developing new products designed to enhance their offerings in the aerospace sector. They plan to expand their market reach into Europe and Asia by 2025, aiming to establish additional partnerships and contracts in these regions. The funding from the acquisition by Acorn Growth Companies in May 2019 will support these initiatives by providing the necessary resources for product development and market expansion.


Current Investors

Acorn Capital Management

Primary Industry

Aerospace

Sub Industries

Aerospace, Defence

Website

www.dimo.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

DIMO Corp. - 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)
BuyoutCompletedDIMO Corp.-

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