Gallant Capital Partners has made an investment in Stockton, California-based Aero Turbine, an aerospace maintenance, repair and overhaul service provider. No financial terms were disclosed for the transaction that was done in partnership with Doug Clayton and Dave Mattson.
LOS ANGELES–(BUSINESS WIRE)–Gallant Capital Partners (“Gallant”), a Los Angeles based investment firm, announced today that it has invested in Aero Turbine, a leading aerospace maintenance, repair and overhaul service provider, in partnership with Doug Clayton and Dave Mattson. The company provides mission critical services to the U.S. military as well as foreign militaries and other commercial customers around the world. Aero Turbine’s comprehensive service offering includes a combination of accessory and engine servicing, repairs and on-site testing. With multiple NADCAP certifications and a deep breadth of capabilities, Aero Turbine supports a wide range of commercial and military platforms.
“Gallant is an ideal partner for Aero Turbine as we enter into the next chapter in our history,” said Aero Turbine Founder and President Doug Clayton, who will continue to lead the company. “As a family owned and operated business for over 40 years, it was important for us to identify a partner who shares our values and recognizes the importance of our customer first focus.” Dave Mattson, Senior Vice President, added, “Gallant’s operational capabilities, coupled with their track record of partnering with founders to accelerate growth and drive value makes them an ideal partner for us. We look forward to working with the Gallant team to continue to build a world class organization.”
Jon Gimbel, Partner at Gallant, said, “Doug and Dave bring decades of industry experience and have built an incredible business based on providing unmatched levels of service, flexibility and technical capabilities. We are committed to supporting Aero Turbine with our operational resources and our flexible capital base to drive long-term growth, both organically and through strategic acquisitions.”
“Our investment will allow Aero Turbine to continue to build new capabilities to pursue additional engine and aircraft component opportunities across military and commercial platforms,” added Anthony Guagliano, Partner at Gallant. “Aero Turbine is a cornerstone investment for Gallant as we look to build a comprehensive aerospace platform.”
About Aero Turbine, Inc.
Founded in 1978 and headquartered in Stockton, CA, Aero Turbine has been dedicated to developing and providing the highest level of turbine engine and accessory overhaul, repair and testing capabilities since the company began serving its first customer, the U.S. Air Force. Since then Aero Turbine has added the U.S. Navy and Army to its client roster, along with the military forces of more than 20 nations around the globe, and a host of commercial clients. Aero Turbine continues to expand the range of turbine engines it services with its broad set of capabilities. For more information, please visit: www.aeroturbine.aero.
About Gallant Capital Partners
Gallant Capital Partners is a private equity firm that makes control investments in technology, industrial and business services companies. Gallant executes on an operationally focused investment strategy with a focus on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, family-owned companies and management teams to maximize value and long-term, sustainable growth for portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. For more information please visit: www.gallantcapital.com.