Swift Anchor Holdings is pleased to announce its acquisition of Essential Turbines Inc., a leading provider of maintenance, repair, and overhaul (MRO) services for aircraft engines.
Founded 30 years ago, Essential Turbines (ETI) is a leading aerospace MRO, and Rolls Royce FIRST Network AMROC. ETI's dedication to performance, quality and safety enables it to serve customers across commercial, government and military end markets. Specializing in the Rolls-Royce M250 and RR300 engines, which power some of the world's most well-known helicopters, ETI ensures optimal performance and reliability for operators in the most demanding environments.
Swift Anchor is excited to continue ETI's dedication to delivering customers with unparalleled quality and service, while providing ETI's employees with a rewarding work environment as we continue to grow the company. ETI is well positioned for continued organic growth, by expanding capabilities and platforms, while also focusing on inorganic growth through M&A.
We are also excited to have Gannon T. Gambeski, a Swift Anchor Partner, join Essential Turbines as President, as part of Swift Anchor's active ownership approach. Gannon, is a highly qualified and high integrity leader, operator, and investor.
Congrats to Essential Turbines, Balance Point Capital , and TD. We are excited for these next stages of ETI’s growth!
Link to full press release: https://lnkd.in/e2BP4aNt
CC: Elias L., Gannon T. Gambeski, Michael Guntner, Jr., Paul Bitar
We would like to thank multiple advisors who were critical in helping us and our partners: Stikeman Elliott LLP, McGuireWoods LLP, CLA (CliftonLarsonAllen), Edgewater Strategy Group, Performance Improvement Partners (PIP), MNP, Capital Canada Limited, LJT Avocats Lawyers, Katten Muchin Rosenman LLP, Osler, Hoskin & Harcourt LLP, Axial
#aerospace #helicopters #partnership #growth
Congratulations! 👏