Latest AeroMed Group News
Jan 30, 2021
Copley Equity Announces Investment in AeroMed Group BOSTON & CHARLOTTE, N.C. & PALESTINE, Texas, January 29, 2021-- Copley Equity Partners (Copley Equity), a private equity firm and family office headquartered in Boston, MA, today announced that it has completed a growth investment into, AeroMed Group, LLC (AeroMed) to facilitate the companys acquisition of etaGLOBAL, LLC (etaGLOBAL). Terms of the transaction were not disclosed. AeroMed, based in Charlotte, NC, will utilize Copleys investment to assist in the companys strategy to build a market-leading supply chain solutions provider to the Aerospace and Defense industries. Copleys funding supported AeroMeds acquisition of etaGLOBAL, a Palestine, TX based distributor of class-c parts to customers operating in the Aerospace & Defense sectors. As part of the transaction, Copley Equity representatives Peter Trovato, Sean Sullivan, and Dan Turk will participate on the AeroMed Board of Directors. Bob Spence, President and CEO of AeroMed said, etaGLOBAL is a well-respected leader in the fragmented class-c part aerospace distribution market with over 40 years of operating history and long-standing, blue-chip customer relationships - all characteristics that AeroMed is seeking in other leading A&D supply chain management providers. We are excited to support etaGLOBAL in continuing to deliver exceptional customer service while also expanding the companys product and service offering. Furthermore, AeroMed is excited to partner with Copley Equity Partners which brings a strong track record of helping lower middle-market companies expand. Peter Trovato, Managing Director of Copley Equity Partners said, Copley is thrilled to partner with the AeroMed and etaGLOBAL team. Both the AeroMed and etaGLOBAL management teams have demonstrated a commitment to exceptional customer service and long history of supporting top companies in the Aerospace & Defense sector. We are excited to help further build the AeroMed platform and support the companys organic growth strategy along with accelerating their efforts to identify, and integrate, additional leading businesses under the AeroMed umbrella. ABOUT AEROMED GROUP, LLC Headquartered in Charlotte, NC, AeroMed Group was founded as a leadership investment group managing and growing aerospace and defense small businesses. Committed to the highest quality and compliance standards, its solutions include customer-centric supply chain services and technologies that result in improved outcomes. https://www.aeromedgroup.com/ ABOUT ETAGLOBAL, LLC Headquartered in Palestine, TX, etaGLOBAL is an Aerospace & Defense supply chain solutions provider whose offerings include distribution and inventory management of fasteners, hardware, bearings, seals, tooling and other engineered products designed to meet the stringent quality requirements of this industry as well as the high production demand expectations. The company has been in operation for more than 40 years and holds long-standing relationships with tier one companies in the industry. EtaGLOBAL supports a world-class customer base including Northrup Grumman, GE Aviation, BAE Systems, Raytheon, General Dynamics, Parker-LORD Corporation among others. https://www.etaglobal.com/ ABOUT COPLEY EQUITY PARTNERS, LLC Established in 2012, Copley is a private investment firm with offices in Boston and Denver. Copley focuses on partnering with growing, lower-middle market private companies. The firm invests out of an evergreen, single family office capital base and is comfortable in both majority and minority ownership positions. The firm makes investments across a broad range of sectors to help businesses fuel growth, manage risk, and create enduring value. https://www.copleyequity.com/ Contact:
AeroMed Group Frequently Asked Questions (FAQ)
When was AeroMed Group founded?
AeroMed Group was founded in 2000.
Where is AeroMed Group's headquarters?
AeroMed Group's headquarters is located at 1422 S Tryon St, Charlotte.
What is AeroMed Group's latest funding round?
AeroMed Group's latest funding round is Private Equity.
Who are the investors of AeroMed Group?
Investors of AeroMed Group include Copley Equity Partners.