TurbineAero, Inc.

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TurbineAero, Inc. - overview

Established

1977

Location

Chandler, AZ, US

Primary Industry

Aerospace

About

TurbineAero, Inc. , based in the US, delivers specialized maintenance, repair, and overhaul services for Auxiliary Power Units (APUs) and associated components, catering to the aviation industry's diverse needs and enhancing operational efficiency. Founded in 1977 and headquartered in Chandler, US, TurbineAero, Inc. focuses on providing MRO services for APUs and related components.


The company has undergone strategic pivots, optimizing its operations to better serve its clients. The firm has completed a total of 3 deals, with the most recent deal occurring on October 24, 2024. The company was recently acquired by Snow Peak Capital, LLC from The Gores Group, although financial terms were not disclosed. The current CEOs are Peter Gille and Rob Wilson.


TurbineAero specializes in comprehensive maintenance, repair, and overhaul (MRO) services for Auxiliary Power Units (APUs) and their components. Its core offerings include integrated MRO solutions, advanced component capabilities, and cost-saving Parts Manufacturer Approval (PMA) solutions. The company has a proven track record, having serviced over 10,000 APUs and 100,000 line replaceable units (LRUs). TurbineAero serves a diverse clientele, including commercial airlines, military organizations, and corporate clients, particularly across North America, Europe, and Asia.


TurbineAero generates its revenue primarily through B2B transactions involving MRO services and parts sales. The firm's revenue model includes service agreements and transactional repairs, focusing on APU overhaul and repair services, alongside the sale of certified parts to clients. Customers generally engage through one-off service requests or ongoing maintenance contracts, ensuring efficient aircraft operations compliant with regulatory standards. Pricing for services is based on project complexity and customization, necessitating thorough consultations to meet specific operational needs.


Following the acquisition by Snow Peak Capital, LLC, which aims to bolster TurbineAero's market presence, the company plans to enhance its business development initiatives. The acquisition will empower TurbineAero to strategize expansion into new geographical markets and innovate new products to cater to emerging client demands. Specific future product launches and their timelines have not been disclosed, but the emphasis will be on enhancing service offerings to better meet the needs of diverse aviation operators. The insights gained from recent funding will be crucial in supporting these growth initiatives.


Current Investors

The Gores Group

Primary Industry

Aerospace

Sub Industries

Aerospace, Defence, Industrial Machinery, Industrial Wholesalers

Website

www.turbineaero.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

TurbineAero, Inc. - 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)
Secondary BuyoutCompletedTurbineAero, Inc.-
Add-onCompletedAPU Piece Part Repair Business of Triumph Group-
Add-onCompletedAPU Repair Product Line of Triumph Aviation Services Asia, Ltd.-
Private DebtCompletedTurbineAero, Inc.-
BuyoutCompletedTurbineAero, Inc.-

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TurbineAero, Inc. - employee data

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