Aerospace Staffing and Services Firm
Washington State, US
Client Code: BN000057802
Revenue (Internal): $8,846,316
EBITDA (Internal): $531,677
The Company is an engineering services firm, specializing in structural engineering, program management, Federal Aviation Administration (FAA) certification consulting, and technical contract staffing augmentation.
Key Aspects
- The Company's revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 218.2% and 281.6%, respectively, from 2021 through 2023.
- Strong client retention with management noting 99.4% of 2023 revenue was derived from repeat clients.
- The Company's strong relationships with industry leaders and subject matter experts enables it to effortlessly meet client staffing needs.
- In-house Designated Engineering Representative (DER) authorized to approve design and engineering compliance.
Opportunities
- Expand the Company’s contingent labor skill sets recruitment beyond traditional targets to include manufacturing, systems, electrical, testing, propulsion, and software engineering.
- Enhance business development initiatives by capitalizing on the Company’s established credibility as a Fortune 100 supplier to expand in-house engineering services, including structural analysis, design, certification service contracts, manufacturing, value engineering, and pursuing new staffing augmentation clients.
- Develop a comprehensive IP portfolio by driving proprietary product innovation that supports both OEM and aftermarket programs, while also leveraging FAA Parts Manufacturing Approval (PMA) certification opportunities.
Headquartered
- Washington State, US
Current Markets
- The Company serves the United States Aerospace Industry.
Real Estate
- The Company operates out of an office in Bothell, Washington which is leased from an unrelated third party.
- Ownership notes that the lease is assumable with options to extend, and the Company is easily relocatable.