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Announced

Completed

Literacy Capital completed the investment in Flight Calibration Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Minority

transport services

Single Bidder

inspection services

Completed

Railroad Equipment

Private

Disposal

Germany

Cross Border

Private Equity

Friendly

Test Inspection and Certification (TIC)

Synopsis

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Literacy Capital, an investment company, completed the investment in Flight Calibration Services, a UK-based provider of flight inspection services to airports. Financial terms were not disclosed. Using technology developed in-house and its fleet of six aircraft, FCSL provides testing and calibration on behalf of airports for ground-based navigational aid systems across the UK and throughout parts of Europe, the Middle East, Africa, St Helena and Bangladesh.

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