Saudia Technic
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Saudia Technic - overview
Established
1959
Location
Jeddah, -, Saudi Arabia
Primary Industry
Aerospace
About
Based in Jeddah, Saudi Arabia, and founded in 1959, Saudia Technic, formerly known as Saudia Aerospace, offers comprehensive aircraft maintenance, repair, and overhaul solutions. In December 2023, the Public Investment Fund agreed to invest in Saudi Technic. As of February 2021, the company is managed by Fahd H. Cynndy.
Saudia Technic offers a diverse array of services, including line maintenance, routine and non-routine services, along with progressive maintenance checks, including full A-checks, and base maintenance, which covers a diverse fleet of aircraft, ranging from popular commercial jets like the A320 and B777 to specialized aircraft such as the Gulfstream GIV and Lockheed C-130. Saudia Technic specializes in servicing various aircraft types, including the A320 Family, A330, A340, B787, B777, B747-400, L382G (C-130), component maintenance includes testing, inspection, repair, and overhaul across a wide range of components, such as radio, electric, battery, electro-mechanical, instrument, oxygen, airframe mechanical, landing gear, hydraulic, and more. In addition, the company offers a jet propulsion center, rotorcraft, business jets, and military support. The company also engages in the manufacturing of aircraft-related fixtures and maintenance tools.
The company plans to use the February 2021 investment to expand business operations and market reach.
Current Investors
Public Investment Fund
Primary Industry
Aerospace
Sub Industries
Facilities & Maintenance Services, Aerospace
Website
www.saudiatechnic.com/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Saudia Technic - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Saudia Technic | - |
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Saudia Technic - employee data
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