First Class Air Support, LLC

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First Class Air Support, LLC - overview

Established

2001

Location

Louisville, KY, US

Primary Industry

Aerospace

About

First Class Air Support, LLC specializes in the global distribution of aftermarket aviation parts and cargo equipment, delivering essential components to enhance safety and efficiency in aviation operations. Founded in 2001 and headquartered in Louisville, US, First Class Air Support, LLC focuses on supplying aftermarket aviation parts. In February 2020, the company was acquired by O2 Investment Partners and Graycliff Partners, though financial terms were not disclosed. The founding team’s history is not specified.


First Class Air Support specializes in the global distribution of aftermarket aviation parts and cargo equipment, providing a comprehensive inventory designed to meet the needs of the aviation industry. Their core offerings include B747 SUD evacuation slides and a diverse range of nacelle and flight control repair capabilities. These products serve various end users, including commercial airlines, cargo operators, and maintenance, repair, and overhaul (MRO) service providers, ensuring safety and efficiency in aviation operations. The company utilizes a robust network of suppliers and manufacturers, which allows them to quickly fulfill customer requests and support unique requirements.


First Class Air Support operates in several geographical markets, including North America, Europe, and Asia-Pacific, catering to a wide array of clients seeking reliable and high-quality aviation components. First Class Air Support generates revenue through B2B transactions that typically involve direct sales of aviation parts and equipment to various clients within the aviation sector. Their pricing structure is designed to be competitive, providing value-added services such as customizable cost-plus exchange programs and consignment arrangements. Clients may engage in ongoing partnerships, allowing them to maintain a steady supply of essential components while optimizing inventory management.


Key products, including the B747 SUD evacuation slides, are available for immediate shipment, facilitating efficient procurement processes for their customers. The firm’s transaction model emphasizes high-quality service and timely delivery, positioning it as a trusted partner in the aviation aftermarket supply chain. First Class Air Support is focusing on the development of new products in the aftermarket aviation sector, with future launches expected to enhance their existing offerings. The company aims to expand its presence in newer geographic regions, specifically targeting growth in Asia-Pacific markets by the end of 2023.


The recent acquisition funding will support these initiatives, allowing for enhanced product development and market penetration.


Current Investors

O2 Investment Partners, Graycliff Partners

Primary Industry

Aerospace

Sub Industries

Facilities & Maintenance Services, Consulting Services, Aerospace, Logistics & Distribution

Website

www.firstclassairsupport.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

First Class Air Support, 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-onCompletedInnodyne Systems-
Add-onCompletedAir Cargo Equipment, LLC-
Add-onCompletedAssociated Aircraft Manufacturing And Sales (AAMSI)-
Add-onCompletedSurvival Products, Inc.-
Add-onCompletedAviation Inflatables Inc.-

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