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New Deal


Announced

Completed

Dorilton-backed Versa Integrity completed the acquisition of Avion Commercial from Avion Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Aerospace

Private Equity

pilots training services

Private

Acquisition

Completed

Single Bidder

Majority

United States

Friendly

Synopsis

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Dorilton-backed Versa Integrity, an industrial inspection and testing company, completed the acquisition of the commercial Unmanned Aircraft Systems operations from Avion Solutions, a provider of engineering, programmatic and logistics solutions. Financial terms were not disclosed. "We are thrilled to welcome the Avion Commercial employees and customers to the Versa team. This acquisition further strengthens Versa's position as a leading NDT provider and expands Versa's service offering to include unmanned aerial inspection. This is a great achievement for our organization and we are excited to work together going forward," Darryl Schimeck, Versa CEO.

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