Helinet Aviation Services
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Helinet Aviation Services - overview
Established
1987
Location
Los Angeles, CA, US
Primary Industry
Transportation Services
About
Helinet Aviation Services provides specialized helicopter services including charter flights, aerial production, medical transport, and utility operations, ensuring safety and efficiency through advanced technology and skilled personnel. Founded in 1987 and headquartered in Los Angeles, US, Helinet Aviation Services operates primarily in helicopter services. The firm has successfully completed 2 deals to date. In its latest funding round, a GROWTH round of USD 20.
50 mn, led by Bison Capital, Helinet raised a total of USD 20. 50 mn, which represents the total amount raised to date. The firm is co-led by CEOs Kathryn Purwin and Tom Churchill, whose backgrounds include significant experience in aviation. Helinet Aviation Services specializes in a diverse range of helicopter services, primarily focusing on charter flights, aerial production, air medical services, electronic news gathering, utility operations, and aircraft management.
The company leverages technology and a skilled workforce to ensure operational safety and client satisfaction. Their aerial production services cater to creative industries, essential for filmmakers and production teams. Clients include filmmakers, corporations, news agencies, and emergency medical services, all relying on Helinet for tailored aerial solutions across Southern California. Helinet Aviation Services generates revenue primarily through business-to-business transactions, offering a suite of services tailored to meet the specific needs of corporate and commercial clientele.
Business transactions typically involve customized agreements for charter flights, aerial filming, and medical transport. Each service is priced based on operation scope, with pricing structures encompassing hourly rates for helicopter rental or flat fees for specific projects like film production or emergency medical transport. This diversified offering creates a robust revenue stream by catering to both individual clients seeking private charters and larger entities requiring specialized aerial services. Helinet Aviation Services plans to utilize the recently raised USD 20.
50 mn in their GROWTH round to expand their service offerings and enhance technology capabilities. Upcoming new products include advanced aerial imaging solutions aimed at the film industry, targeting a launch by the end of 2024. Additionally, the company is strategizing to enter new markets in the Pacific Northwest and Southwest regions of the US by 2025, aiming to increase its geographical footprint and cater to a broader clientele.
Primary Industry
Transportation Services
Sub Industries
Airlines & Air Travel
Website
www.helinet.com
Total Amount Raised
Subscriber access only
Helinet Aviation Services - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Helinet Aviation Services | - | ||||||||
| Unspecified Exit | Completed | Helinet Aviation Services | - |
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