(Solana
Beach, CA and Dallas,
TX) Aevex Aerospace, LLC is primarily
centered on three capabilities. The three
capabilities are; engineering & technology, flight operations and
intelligence solutions. Specifically,
the engineering & technology capability is centered on the motto, “from
concept to the flight line.” In other
words; the engineering & technology side of the business focuses on a rapid
design process, integration, deployment of special mission platforms and
deployment of payloads. The end point of
the previously said, is being able to meet a business client’s unique
needs. In support of the end point,
Aevex Aerospace, LLC likes to cite that, it has logged more than 1,950,000
hours of operations. Recently, Trive
Capital announced that, it is no longer the owner of Aevex Aerospace, LLC. Specifically; the aforementioned business
revealed that, it has entered into a definitive agreement to sell, Aevex
Aerospace, LLC. The definitive agreement
to sell is with, Madison Dearborn Partners and Covant.
Madison Dearborn Partners and
Covant, the new owners of Aevex Aerospace, LLC; receive everything. In other words, they receive the full
spectrum of business operations. However
and returning to, Aevex’s engineering & technology capability, the
aforementioned is also backed up by four pillars. The four pillars are; engineering &
integration, flight test & certification, specialized sustainment and
technology solutions. As previously
said, in support of all of this, Aevex Aerospace, LLC cites its hours of
operations. The latter, is more than
1,950,000 hours of operations. One of
the focal points of the reported hours of operations, or, how Aevex Aerospace,
LLC arrives at the reported hours is the following. Airborne intelligence, surveillance and
reconnaissance (I.S.R.) is one of the focal points. In order, to provide I.S.R. as a service to
business clients, Aevex Aerospace, LLC relies on the following business
model. The business model is initial
technical concept development, all the way to, system fielding and
sustainment. Overall, Aevex’s
engineering & technology capability offers potential business clients, the
following services. The services
are: systems & architecture design,
special mission aircraft provisioning; platform engineering & modification;
rapid prototyping & fabrication; sensor acquisition & integration;
communications/networking engineering and custom hardware & electronics.
Returning to, the definitive
agreement to sell, the aforementioned is based on recent business growth. In fact; Trive Capital reports that, it
successfully worked in conjunction with Aevex Aerospace, LLC, to be able to,
build an exceptional management team.
Aevex’s new management team, in turn, deserves a lot of the credit for
having improved the following.
Operational execution, sales & marketing focus, capability
expansion, systems and technological innovation were all successfully
improved. More recently and since the
year 2014, Aevex Aerospace, LLC is best characterized, by the following three
types of business growth. Organic
investment in expanded capabilities, is one way in which, the business growth
is characterized. Targeted acquisition
of other specialized service providers, is a second way in which, the business
growth is characterized. Secular
expansion in the collection and dissemination of I.S.R. data to niche
intelligence communities, is a third way in which, the business growth is
characterized.
Brian Raduenz is the Chief Executive
Officer of Aevex Aerospace, LLC. Through
a press statement, Mr. Raduenz said the following. “Through our relationship with Trive, AEVEX
was able to enhance its service offering across all three divisions and expand
its global footprint to better serve its customers, employees, and
missions. We are proud of our successful
partnership with Trive which has allowed us to collaboratively build a valuable
service offering that leverages the strengths and capabilities of our
team. Trive’s operational, financial,
and government services sector expertise was critical in strategically
positioning the Company for significant growth, and we look forward to
continuing this momentum with our new shareholders.”
To end, Trive Capital did release a
press statement. David Stinnett is a
Partner at Trive Capital. Through a
press statement, Mr. Stinnett said the following. “AEVEX is a unique business with a
differentiated service offering that has established itself as a leader in
critical ISR missions, globally. The
Company’s strong customer relationships, highly specialized capabilities and
talented management team, coupled with the organic and inorganic investments
made over the last 6 years, have allowed the business to capitalize on
significant market opportunities. Trive
has appreciated the partnership with management and is excited to see AEVEX
continue to succeed and expand under the ownership of MDP and CoVant.” As previously stated, Trive Capital recently
announced that, it is no longer the owner of Aevex Aerospace, LLC. Specifically; the aforementioned business
revealed that, it has entered into a definitive agreement to sell, Aevex
Aerospace, LLC. Lastly; the definitive
agreement to sell is with, Madison Dearborn Partners and Covant.
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Written
from Press Release
Registered
Writer with
PR
Newswire Association, LLC
R-Berumen28
03/13/2020
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