Expanding Horizons: CORE Industrial Partners Ventures into Aviation Concepts Investment

Aviation Concepts, a leading provider of rotable components to the commercial aviation industry, has received a significant platform investment from CORE Industrial Partners. With its deep industry knowledge and strong customer relationships, Aviation Concepts is well-positioned to capitalize on the robust growth in the aftermarket commercial aviation sector. This strategic partnership with CORE Industrial Partners sets the stage for the next chapter of expansion and innovation for Aviation Concepts.

Founded in 1991 in Sunrise, Florida, Aviation Concepts has carved a niche for itself in the global aviation market. The company specializes in offering high-quality, nose-to-tail used serviceable material (USM) aircraft parts and components, catering to a wide range of aircraft fleets. With a robust product portfolio, Aviation Concepts serves a global customer base comprising commercial and freight airlines, maintenance, repair and overhaul organizations (MROs), and distributors.

The partnership with CORE Industrial Partners comes at a crucial juncture for Aviation Concepts. CORE, a private equity firm with a focus on manufacturing, industrial technology, and industrial services, recognizes the immense potential of the commercial aviation parts and MRO sector. By investing in Aviation Concepts, CORE aims to leverage the company's differentiated model and industry tailwinds for exponential growth.

John May, Managing Partner of CORE, acknowledges the partnership-focused approach of Aviation Concepts and its management team, which has propelled the company's success over the past three decades. The management team's expertise and the company's strong market position make it an ideal candidate for a platform investment.

The partnership between CORE and Aviation Concepts is expected to accelerate growth through strategic initiatives and complementary acquisitions. Jason Fulton, Partner at CORE, expresses excitement about the collaboration, highlighting that Aviation Concepts' strong customer relationships and diverse suite of products set it apart in the industry. CORE's industry knowledge, resources, and experience will be instrumental in expanding Aviation Concepts' value proposition and market reach.

As part of the collaboration, Bob Nardelli, Senior Operating Partner at CORE, will assume the position of Chairman of the Aviation Concepts Board of Directors. Nardelli's extensive experience in the industry will provide strategic guidance to further propel the company's growth.

The completion of the investment was facilitated by Winston & Strawn LLP, which provided legal representation to CORE throughout the transaction.

About CORE Industrial Partners:

CORE Industrial Partners is a private equity firm focused on investing in North American lower middle-market manufacturing, industrial technology, and industrial services businesses. With over $700 million of capital commitments, CORE aims to build market-leading businesses through its capital, insight, and operational expertise. The firm's team comprises former CEOs and investment professionals who bring deep experience and a demonstrated track record of success. Headquartered in Chicago, CORE also has offices in Austin and Cleveland.

About Aviation Concepts:

Founded in 1991, Aviation Concepts is a global distributor of used serviceable material (USM) components to the aftermarket commercial aviation industry. With nearly 500 customers worldwide, including airlines, MROs, and distributors, the company offers a wide range of USM components such as avionics, rotable components, actuation systems, hydraulics, landing gear, and auxiliary power units (APUs). Headquartered in Sunrise, Florida, Aviation Concepts is renowned for its commitment to reliable, high-quality parts and timely service.

As the partnership between CORE Industrial Partners and Aviation Concepts takes flight, both companies are poised for significant growth and market expansion. With CORE's strategic guidance and resources, Aviation Concepts is well-positioned to continue its trajectory as a premier provider of mission-critical components to the commercial aviation industry.