Benchmark International is pleased to announce the transaction between Hemel-Hempstead-based H4 Aerospace (UK) (H4A) and Shannon-based Eirtech Aviation Services (Eirtech).
H4A is a UK CAA DOA, enabling it to undertake the engineering design and certification of modifications to commercial aircrafts, which range from main cabin reconfigurations with new seats and monuments, to cockpit avionic system upgrades. With its head office and main design office based in Hemel Hempstead, the company is within easy reach of all the main airports in and around the M25 area.
Since 2009, Eirtech has been providing a range of cost-effective professional aviation services and bespoke solution packages to airlines and airline leasing companies such as tailor-made engineering services, advanced composite repair services, and asset management solutions, ensuring regulatory compliance. Headquartered in Shannon, Ireland, the company also has engineering facilities in Dublin, Belfast, Great Britain, and Singapore.
The acquisition of H4A is in line with the continued global expansion plans of Eirtech and brings to the company both CAA P21 J approval and EASA P 21 J approval capability under one roof.
Commenting on the acquisition, Russell Wenman of H4A, said: “We are delighted to be joining the Eirtech team with whom we have co-operated with on numerous projects over the years. The combination of services available from Eirtech in POA, materials, CAMO and technical services will be of tremendous benefit to our customer base”
On working with Benchmark International, Mr Wenman added: “We recently completed a successful business sale with Benchmark. At all stages they were very professional and managed to negotiate a good deal overall, which was also completed in a good time.”
Commenting for Eirtech, Niall Cunningham, CEO, said: “H4A are a very experienced and capable team and will be an excellent fit to our suite of services growing in particular our engineering division which will be now boast a 50 strong engineering team. We look forward to working closely with the H4A team and to continuing our plans for further geographic expansion going forward.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $7B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.