Investment Criteria

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In an industry with a highly integrated supply chain, long-term commitments and strict adherence to quality and delivery, we believe standards can only be achieved through a culture of trust and cooperation. It is with this philosophy that we approach investment in the aerospace sector, whether it is with partners, customers or suppliers.

We acquire and invest in companies that meet the following Investment Criteria:

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Aerospace & DEfence

Manufacturing companies based in the UK, servicing the global commercial and defence aerospace industry.

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Accreditation

Companies with a quality culture and international accreditations such as AS9100 and relevant Nadcap approvals where necessary, as well as customer specific accreditations.

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Credible Exit

There are many reasons why shareholders may wish to sell a business. We consider acquisitions based on a credible exit story.

 
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Companies delivering parts on strong aircraft programmes with close working relationships with Prime, Tier 1 and Tier 2 aerospace and defence companies.

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Growth

Companies with growth potential. In particular businesses whose growth has stalled but are positioned to be revitalised and driven to the next level.

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Differentiation

Good companies do most things well. However often there is single differentiating factor than can make a good company, great. We are interested to know what you do differently that underpins your success.

Aeroplanes are not designed by science, but by art in spite of some pretence and humbug to the contrary. I do not mean to suggest that engineering can do without science, on the contrary, it stands on scientific foundations, but there is a big gap between scientific research and the engineering product which has to be bridged by the art of the engineer.
— John D. North to the Royal Aeronautical Society, 1922