AGC Aerospace & Defense
AGC Aerospace & Defense is the portfolio brand of - Acorn Growth Companies, an operationally focused, middle market private equity firm investing exclusively in aerospace and defense opportunities.
AGC Aerospace & Defense, through its portfolio of companies, has become a global supplier of technologies, systems and services supporting commercial and military programs. Capabilities within the portfolio range from financing, engineering, and integration services to manufacturing, logistics, and aircraft modifications. AGC Aerospace & Defense is organized into four operating groups: AeroComposites, Finance, Integrated Defense, and Services.
All the companies were aligned under the AGC Aerospace and Defense umbrella in 2009.[1] The companies support DoD directly or as subcontractors to OEMs or Tier 1 defense contractors.[2]
Acquisitions
- Paul Fabrications (Paul Fabs)
- Hill AeroSystems Inc. (Formerly Hill AeroSpace, Hill Stamping)
- Commuter Air Technology (CAT)
- Aerospace Products S.E. (APSE)
- Unitech Composites and Structures
- Valair Aviation
- Integrated Composites, Inc.
- Valair - Kirkpatrick Aviation
- Aerospheres (UK) Ltd
Start-ups and new ventures
- Veracity Technology Solutions
- SinglePoint Financial
- Aircraft Logistics Group (ALG)
Operating locations
- Derby, UK
- Portland, UK
- Yeovil, UK
- Harrow, UK
- Huntsville, AL
- Washington, DC
- Hayden, ID
- Oklahoma, OK
- Tulsa, OK
- Salt Lake City
Awards and recognition
In early 2010, Veracity Technology Solutions received the Aviation Week MRO of the Year award from Aviation Week.[3] The Oklahoma Technology Counsel profiled Veracity's non-destructive inspection (NDI) / non-destructive testing (NDT) solutions. In the spring of 2010, Valair Aviation was featured by a local news channel regarding their aircraft upgrade capabilities.[4]
Recently, the AGC Finance group was highlighted in CorporateJetInvestor magazine.[5]
Acorn Growth Companies
Acorn Growth Companies is an operationally focused, middle market private equity firm investing exclusively in aerospace and defense.
Portfolio
The firm operates its portfolio of companies under AGC Aerospace & Defense, a global supplier of technologies, systems and services supporting commercial and military programs. Capabilities within the portfolio range from financing, engineering, and integration services to manufacturing, logistics, and aircraft modifications.
All the companies were aligned under the AGC Aerospace and Defense umbrella in 2009.[6] The companies support DoD directly or as subcontractors to OEMs or Tier 1 defense contractors.[7]
Acquisitions
- Commuter Air Technology (CAT)
- Aerospace Products S.E. (APSE)
- Valair Aviation
- Valair - Kirkpatrick Aviation
- Aerospheres (UK)
- Veracity Technology Solutions
- SinglePoint
- Aircraft Logistics Group (ALG)
- Paul Fabrications (Now AGC AeroComposites Derby)
- Tods Composite Solutions (Now AGC AeroComposites)
- Hill AeroSystems (Formerly Hill AeroSpace)
- Unitech Composites and Structures (Now AGC AeroComposites)
- Integrated Composites (Now AGC AeroComposites)
Capital Management Team
Rick Nagel, Managing Partner
Jeff Davis, Founding Partner
Jeff Morton, Partner
Robert Hinaman, Partner
Brandon Bradford, Managing Director
Craig Woodruff, VP Finance
Darryl Wilkerson, VP Strategy
Locations
- Derby, UK
- Portland, UK
- Yeovil, UK
- Harrow, UK
- Hayden, ID
- Washington, DC
- Oklahoma, OK
- Tulsa, OK
- Salt Lake City
- Huntsville, AL
Awards and recognition
Acorn Growth Company acquires Aerospheres (UK) Ltd, marking its third acquisition in the UK. PEHub [8]
Commuter Air Technology (CAT) announces contract with Finnoff Aviation Products to provide five-blade MT composite propellers for Beech King Air 90s, 200s and 300s. Aviation International News [9]
In early 2010, Veracity Technology Solutions received the Aviation Week MRO of the Year award from Aviation Week.[10] The Oklahoma Technology Counsel profiled Veracity's non-destructive inspection (NDI) / non-destructive testing (NDT) solutions. In the spring of 2010, Valair Aviation was featured by a local news channel regarding their aircraft upgrade capabilities.[11]
Recently, the AGC Finance group was highlighted in CorporateJetInvestor magazine.[12]
References
- ↑ Journal Record. May 14, 2009. http://findarticles.com/p/articles/mi_qn4182/is_20090514/ai_n31864564
- ↑ FedBizOpps Contract Award https://www.fbo.gov/?s=opportunity&mode=form&id=332847a49433ffcf1ceefa915017d8de&tab=core&_cview=0
- ↑ Moody, Elyse. Aviation Week: Overhaul & Maintenance. http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=mro&id=news/om/2010/04/01/OM_04_01_2010_p34-212516-01.xml&headline=null&next=10
- ↑ "Valair Aviation at Wiley Post." NewsOK. May 13, 2010. http://newsok.com/multimedia/video/85412222001
- ↑ White, Alasdair. "AGC Finance - looking for older aircraft." CorporateJetInvestor. January 11, 2011. "Archived copy". Archived from the original on 2012-03-17. Retrieved 2011-01-17.
- ↑ Journal Record. May 14, 2009. http://findarticles.com/p/articles/mi_qn4182/is_20090514/ai_n31864564
- ↑ FedBizOpps Contract Award https://www.fbo.gov/?s=opportunity&mode=form&id=332847a49433ffcf1ceefa915017d8de&tab=core&_cview=0
- ↑ https://www.pehub.com/2015/04/acorn-growth-completes-aerospheres-acquisition/
- ↑ http://www.ainonline.com/aviation-news/aerospace/2015-06-17/commuter-air-technology-offers-composite-king-air-props
- ↑ Moody, Elyse. Aviation Week: Overhaul & Maintenance. http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=mro&id=news/om/2010/04/01/OM_04_01_2010_p34-212516-01.xml&headline=null&next=10
- ↑ "Valair Aviation at Wiley Post." NewsOK. May 13, 2010. http://newsok.com/multimedia/video/85412222001
- ↑ White, Alasdair. "AGC Finance - looking for older aircraft." CorporateJetInvestor. January 11, 2011. "Archived copy". Archived from the original on 2012-03-17. Retrieved 2011-01-17.
External links
- Brus, Brian. "Veracity soaring: Magazine names Tulsa firm MRO of the Year." Journal Record, The (Oklahoma City). May 14, 2009. http://findarticles.com/p/articles/mi_qn4182/is_20100528/ai_n53871181/
- Oklahoma Technology Council. http://www.oktechcouncil.com/tech_spotlight.php?archive=215
- Oklahoma State University "Sensor Companies in Oklahoma: Commuter Air Technology." Sensors: Sensor Industry in Oklahoma. Vol. 3, No. 1, MMX. https://web.archive.org/web/20110213035804/http://vprtt.okstate.edu:80/index.php/research-communications/publications