Erickson Air-Crane, Inc.
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Erickson Air-Crane, Inc. - overview
Location
Portland, OR, US
Primary Industry
Aerospace
About
Erickson Air-Crane, Inc. is a global provider of aerial services, specializing in helicopter operations that enhance operational efficiency for customers in various sectors. Founded by Tim Erickson, Erickson Air-Crane, Inc. operates from its headquarters in Portland, US.
The company focuses on aerial services, particularly in firefighting, construction, and logistics. It has undergone strategic pivots to expand its capabilities in firefighting and heavy lift operations, capitalizing on the growing demand for aerial support in diverse industries. Erickson Air-Crane, Inc. offers a range of aerial services, including helicopter transportation, firefighting, and heavy-lift operations.
Their proprietary helicopters are designed for efficiency in transporting goods and supporting firefighting efforts, catering to clients ranging from government agencies to private enterprises across North America, Europe, and Asia. In the most recent year, Erickson Air-Crane, Inc. reported a revenue of USD 297. 52 mn and an EBITDA of USD -9.
83 mn, reflecting the company's operational dynamics in a competitive market. Erickson Air-Crane, Inc. aims to expand its service offerings by introducing new helicopter models tailored for emergency response and logistics by 2024. The company is also targeting growth in international markets, particularly in Europe and Asia, to meet increasing demand for aerial services.
Recent funding will support the development of these new products and facilitate market entry strategies.
Primary Industry
Aerospace
Sub Industries
Government, Aerospace
Website
www.ericksonaircrane.com
Total Amount Raised
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Erickson Air-Crane, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Evergreen Helicopters, Inc. | - |
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