Trivest Growth Investment Fund and ACM Capital Partners have partnered with Aerospace Resource Group, LLC, an aviation component repair and overhaul company headquartered in Miami, ensuring the company has the necessary capital to achieve its growth strategy. The new capital was invested, along with a new $15 million senior credit facility from Florida Community Bank. The founder of ARG, Mr. Juan Menadier, will continue to be at the helm of Aerospace Resource Group, with the support of ACM’s senior professional team.
“With Trivest and ACM in our corner, we are fortunate to have two firms with proven success in the aviation industry,” said Juan Menadier. “Our greatest constraint has been access to fresh capital, along with establishing a broader infrastructure to accommodate our planned growth. Together, we should be well positioned to add capabilities that will serve our customers and next generation aircraft well into the future.”
Aerospace Resource Group, LLC and its wholly owned subsidiaries, Professional Technology Repairs and Professional Sales and Logistics Services, is a privately held, full-service aftermarket commercial, cargo & military aircraft MRO and parts supplier based in Miami, Florida. The combined entities, which employ over 120 team members, provide component repair and overhaul, structural and interior repair and overhaul in addition to on wing assistance across the globe. The management team has over 250 years of combined industry experience. Under Juan Menadier’s leadership, ARG has developed a reputation of quality and reliability in the aviation community. In addition to being certified by the FAA as a 145 repair station, the company is also EASA and ANAC certified
“We are thrilled to partner with ARG‘s dynamic founder, Juan Menadier, and with Jim Martin and his team at ACM Capital Partners,” adds Troy Templeton, Managing Partner with Trivest. “We enjoyed great success with Jim at Avborne and believe that ARG and ACM form a winning team to grow this platform into one of the premier MROs in North America. Given our previous success in aviation coupled with the expected growth of ARG and the industry, we believe this investment is a perfect fit for TGIF.” The ARG transaction becomes the second platform investment by TGIF, a $225 million fund dedicated to investing in non-control investments in family/founder-owned businesses.
About Trivest Partners
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed nearly 250 transactions, totaling in excess of $5.5 billion in value. For additional information, please visit www.trivest.com.
About Aerospace Resource Group
Headquartered in Miami, Florida, Aerospace Resource Group serves the commercial aviation market in component, structural and interior repair and overhaul. Its customer base represents a who’s who of both passenger and cargo operators worldwide. The company enjoys an excellent reputation with its customers as well as the FAA. It is a certified 145 repair station as well as ANAC and EASA certified. For additional information, please visit www.ptr1.net.
About ACM Capital Partners
Founded in Miami in 2008, ACM Capital Partners has served over 200 companies during this period in multiple capacities. The firm has raised or restructured over $1.2 billion in capital since inception.. The professionals at ACM have served multiple industries with particular expertise in the aviation segment. For additional information, please visit www.acmcapitalpartners.com.
