Elliott Aviation, Inc.

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Elliott Aviation, Inc. - overview

Established

1936

Location

Milan, -, Italy

Primary Industry

Aerospace

About

Elliott Aviation is a specialized provider of aircraft solutions, focusing on avionics installations, maintenance, and aircraft sales, catering to both private and commercial aviation sectors. Founded in 1936 in Milan, US, Elliott Aviation delivers various aviation services. The company operates independently and has maintained its core focus without any pivots in business strategy. Greg Sahr currently serves as the CEO.


In February 2020, Summit Park Partners acquired Elliott Aviation, Inc. for an undisclosed sum. Elliott Aviation specializes in a comprehensive range of aircraft solutions that cater to the unique needs of private and commercial aviation. Their core offerings include avionics installations and upgrades, maintenance and repair services, aircraft sales and acquisitions, along with custom paint and interior refurbishments.


The company has garnered significant expertise in the installation of advanced avionics systems, including over 425 G1000/G1000 NXi systems and more than 60 G5000 systems specifically for Citation 560XL aircraft. The main customer base includes operators of light to mid-sized jets and turboprops from various geographical markets, such as North America, Europe, and parts of Asia. By providing tailored solutions that enhance aircraft performance and efficiency, Elliott Aviation serves clients ranging from individual aircraft owners to corporate flight departments and government entities. Elliott Aviation generates revenue through a multifaceted business model that encompasses sales, service contracts, and customized solutions for aircraft owners.


Transactions typically occur in a B2B format, with clients engaging the company for specific services such as avionics upgrades, maintenance contracts, and bespoke interior designs. For instance, clients may enter into service contracts that include routine inspections and maintenance, allowing for streamlined scheduling and operational efficiency. Additionally, the company’s aircraft sales division, Elliott Jets, facilitates brokerage transactions, where pre-owned aircraft are evaluated and sold to interested buyers. Their extensive portfolio of services, including flagship products like the Garmin G1000 NXi retrofits and comprehensive paint and interior solutions, underscores the company’s commitment to delivering high-quality service tailored to the demands of the aviation industry.


Following the acquisition by Summit Park Partners in February 2020, Elliott Aviation aims to leverage its resources for future growth by expanding its portfolio with new products designed for enhanced avionics solutions. The company plans to target growth in international markets, particularly in Europe and parts of Asia, with efforts aimed for completion by the end of 2023. Recent funding will support these initiatives by providing capital for product development and market expansion.


Current Investors

Summit Park

Primary Industry

Aerospace

Sub Industries

Facilities & Maintenance Services, Airlines & Air Travel, Aerospace

Website

www.elliottaviation.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Elliott Aviation, 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-onCompletedFour Points Aero Services, LLC-
Add-onCompletedThe Maintenance Group, Inc.-
RecapitalisationCompletedElliott Aviation, Inc.-

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Elliott Aviation, Inc. - employee data

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