Tiger Infrastructure Partners, a middle-market growth infrastructure investor, has announced the acquisition of International Aerospace Coatings (“IAC”), a market-leading aviation services provider based in Shannon, Ireland and Irvine, California.
Tiger Infrastructes strenghtens its aircraft paint businiess. Picture: Picture Yingyaipumi – stock.adobe.com
IAC utilises 18 strategically located hangars at seven airports and two customer sites in the United States and Europe to provide critical services to a diverse and consistent customer base in the global aviation industry, including aircraft manufacturers, commercial airlines, aircraft leasing companies, air cargo operators and governments. IAC’s core business includes aircraft painting, aviation technical services, aircraft interior refurbishment and aircraft graphic solutions.
“The goal is to open new facilities”
“We are excited to partner with Tiger for IAC’s next chapter of growth,” said Martin O’Connell, CEO of IAC. “We expect the tailwinds from the aerospace industry to drive demand for aircraft painting and in partnership with Tiger we aim to open new facilities and significantly expand our capacity in the coming years. We expect the industry to face a significant shortfall in serving capacity versus annual demand by 2027.” IAC’s core business includes aircraft painting, aviation technical services, aircraft interior refurbishment and aircraft graphic solutions.
International Aerospace Coatings is now part of Tiger Infrastructers. Picture Yingyaipumi – stock.adobe.com