Qwest Air Parts, Inc.
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Qwest Air Parts, Inc. - overview
Established
1999
Location
Memphis, TN, US
Primary Industry
Aerospace
About
Qwest Air Parts, Inc. specializes in the distribution of aerospace components and repair services, ensuring operational efficiency and safety in aviation. Qwest Air Parts, Inc. was founded in 1999 and is headquartered in Memphis, US.
The company operates in the aerospace distribution sector, providing essential aircraft parts and services. In June 2019, Qwest Air Parts was acquired by AerSale, Inc. , a portfolio company of Leonard Green & Partners, although financial terms were not disclosed. Qwest Air Parts specializes in the distribution of high-quality aerospace components and repair services, primarily catering to the aviation industry.
Their core offerings include a wide range of aircraft parts, from engines and airframes to avionics and landing gear, essential for maintaining operational efficiency and safety. The company serves commercial airlines, cargo operators, and maintenance, repair, and overhaul (MRO) providers across North America, Europe, and parts of Asia, ensuring compliance with stringent industry standards. With a focus on solutions that enhance reliability and performance, Qwest Air Parts addresses critical needs for both short-term repairs and long-term aircraft maintenance strategies. Qwest Air Parts generates revenue through a combination of direct sales and strategic partnerships within the aerospace sector.
They primarily engage in B2B sales, supplying products directly to airlines and MRO companies through bulk orders of essential components. Specific pricing plans are tailored based on purchase volume and component type, with key products commanding premium pricing due to their critical role in aircraft safety and performance. The company also pursues contractual agreements to foster ongoing client relationships, contributing to consistent revenue streams. Looking ahead, Qwest Air Parts aims to enhance its product offerings and expand its market presence.
The company is focused on developing new aircraft components slated for release in the upcoming years. Additionally, plans are in place to penetrate new geographic regions, particularly targeting emerging markets in Asia and Europe by 2025. The acquisition by AerSale, Inc. in June 2019 will support these initiatives, providing the necessary resources and expertise to capitalize on these growth opportunities.
Current Investors
AerSale, Inc.
Primary Industry
Aerospace
Sub Industries
Engineering, Aerospace
Website
www.qwestairparts.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Qwest Air Parts, 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 | Qwest Air Parts, Inc. | - |
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