Vance Street Paints the Sky with Eirtech Acquisition
August 12, 2014
Vance Street Capital has announced the acquisition of Eirtech Aviation, an aircraft coating services company. As part of the deal, Eirtech will be combined with fellow portfolio companies Leading Edge Aviation Services and Associated Painters, bringing together about 800 employees in total. The three businesses will continue to operate under their respective brand names, at their same locations and under their existing management; they will jointly provide aviation coating services—including exterior and interior aircraft painting, aircraft refurbishment and provision of aircraft graphics—to a client base consisting of aircraft OEMs, commercial airlines, private operators, aircraft leasing companies and military customers. Vance Street acquired Leading Edge in April 2012 and Associated Painters in early 2013.