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.[1] The companies support DoD directly or as subcontractors to OEMs or Tier 1 defense contractors.[2]
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, Senior Partner & CFO
Robert Hinaman, Senior Partner M&A
Brandon Bradford, Partner
Dale Jordan, Partner
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 [3]
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 [4]
In early 2010, Veracity Technology Solutions received the Aviation Week MRO of the Year award from Aviation Week.[5] 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.[6]
Recently, the AGC Finance group was highlighted in CorporateJetInvestor magazine.[7]
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
- ↑ 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. http://corpjetfin.live.subhub.com/articles/AGC_Finance_Acorn_Growth_Companies_141