50 SKY SHADES - World aviation news

Investor To Join TP Aerospace

Download: Printable PDF Date: 23 Mar 2017 11:59 categories:
Publisher:
Investor To Join TP Aerospace - Finance publisher
Tatjana Obrazcova
Aircraft: Airplanes

We are happy to announce that 20 March 2017 we embarked on a new partnership with the Danish private equity fund CataCap who has acquired a majority stake in our company.

The two founders and owners of TP Aerospace, Peter Lyager and Thomas Ibsø, will continue to form the executive management team and hold significant shares in TP Aerospace.

Since 2010, we have experienced an average annual growth rate of 30%, and last year we landed a record revenue of USD 62m. With this stable development, now is the right time for TP Aerospace to partner with a professional investor to help us strengthen our strategic and operational competencies.

“Bringing an investor onboard is an essential premise of our business strategy, and it has been important to find just the right investor to help us grow TP Aerospace into where we want to be” Says Peter Lyager, CEO of TP Aerospace, and elaborates:

“This is a huge opportunity for us as this new strong capital base will allow us to unleash our growth potential and expand our global operations and employee base to levels that we cannot reach on our own”

CataCap will act as a catalyst for sustainable step changes through a systematic and consistent approach to business development and will work in close collaboration with both management and employees to help strengthen TP Aerospace’s market position.

Image result for tp aerospace

“When looking for an investor to bring onboard, it has been essential for us to find someone who can not only support our future growth financially, but who can also serve as a trusted business partner in terms of knowledge sharing” explains Thomas Ibsø, President of TP Aerospace, and concludes:

“We are very confident about this move as CataCap as an investor provides a combination of capital and value-adding partnership to the TP family”



Loading comments for Investor To Join TP Aerospace...


Recommended

Waves gets soft launch underway

WAVES has started flying. The data driven, on demand air taxi service, which last month received its Air Operator’s Certificate, has started the soft launch of its passenger and freight servi...

Daher salutes the humanitarian efforts of TBM owners and pilots in hurricane relief flights

Daher today recognized the TBM Owners and Pilots Association’s (TBMOPA) airlift of vital supplies to the Virgin Islands, Puerto Rico, and Houston following the devastation caused by recent hurri...

AW169 helicopter scores first contract success in the US emergency services market

The order for three AW169 Emergency Medical Services helicopters was placed by Travis County, Texas for its STAR Flight program • Travis County’s AW169s will be the first in the US to su...

First A330neo successfully completes maiden flight

Three dedicated flight-test aircraft to perform all flight testing for both the A330-800 and A330-900 variants; Development on track for A330-900 entry into service in the middle of 2018 ...