Velocity Aerospace Group Overview
- Year Founded
-
2013
- Status
-
Acquired/Merged
- Employees
-
140
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
-
2
- Investments
-
2
Velocity Aerospace Group General Information
Description
Provider of aftermarket services intended for the aviation industry. The company provides maintenance, repair and overhaul services specializing in the repair of aircraft components and systems for major commercial airlines, freight carriers and regional airlines.
Contact Information
Website
www.velocityaero.comCorporate Office
- 7460 Warren Parkway
- Suite 180
- Frisco, TX 75034
- United States
Corporate Office
- 7460 Warren Parkway
- Suite 180
- Frisco, TX 75034
- United States
Velocity Aerospace Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Velocity Aerospace Group Comparisons
Industry
Financing
Details
Velocity Aerospace Group Competitors (8)
One of Velocity Aerospace Group’s 8 competitors is Alaris Aerospace Systems, a Private Equity-Backed company based in Pompano Beach, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Alaris Aerospace Systems | Private Equity-Backed | Pompano Beach, FL | ||||
| S3 AeroDefense | Private Equity-Backed | Milwaukee, WI | ||||
| Aviation Materials & Maintenance | Corporation | Miami, FL | ||||
| GA Telesis | Corporate Backed or Acquired | Fort Lauderdale, FL | ||||
| AAR | Formerly PE-Backed | Wood Dale, IL |
Velocity Aerospace Group Signals
Velocity Aerospace Group Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Velocity Aerospace Group Investments (2)
Velocity Aerospace Group’s most recent deal was a Buyout/LBO with EMC Aerospace. The deal was made on 17-Jun-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| EMC Aerospace | 17-Jun-2015 | Buyout/LBO | Aerospace and Defense | ||
| E.D.N. Aviation | 22-Apr-2014 | Buyout/LBO | Aerospace and Defense |
Velocity Aerospace Group Exits (1)
Velocity Aerospace Group’s most recent exit was on 17-Jun-2015 from EMC Aerospace. The exit was categorized as with 3 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| EMC Aerospace | 17-Jun-2015 | Completed |
|
Velocity Aerospace Group Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Velocity Aerospace - Nmb | North Miami Beach, FL | 2015 | |
| Sunny Skies Enterprises | North Miami Beach, FL | 1997 |
Velocity Aerospace Group FAQs
-
When was Velocity Aerospace Group founded?
Velocity Aerospace Group was founded in 2013.
-
Where is Velocity Aerospace Group headquartered?
Velocity Aerospace Group is headquartered in Frisco, TX.
-
What is the size of Velocity Aerospace Group?
Velocity Aerospace Group has 140 total employees.
-
What industry is Velocity Aerospace Group in?
Velocity Aerospace Group’s primary industry is Other Commercial Services.
-
Is Velocity Aerospace Group a private or public company?
Velocity Aerospace Group is a Private company.
-
What is Velocity Aerospace Group’s current revenue?
The current revenue for Velocity Aerospace Group is .
-
Who are Velocity Aerospace Group’s investors?
Cimarron Infrastructure Group and Prospect Partners have invested in Velocity Aerospace Group.
-
Who are Velocity Aerospace Group’s competitors?
Alaris Aerospace Systems, S3 AeroDefense, Aviation Materials & Maintenance, GA Telesis, and AAR are some of the 8 competitors of Velocity Aerospace Group.
-
When was Velocity Aerospace Group acquired?
Velocity Aerospace Group was acquired on 24-Nov-2021.
-
Who acquired Velocity Aerospace Group?
Velocity Aerospace Group was acquired by Precision Aviation Group.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process