Technology News All about technology


Vance Street Capital LLC Announces Investment in Leading Edge Aviation Services, Inc.

Los Angeles, CA (PRWEB) April 10, 2012

Vance Street Capital LLC (Vance Street) announced today that it has invested in Leading Edge Aviation Services, Inc. (Leading Edge or the Company). Leading Edge, headquartered in Costa Mesa, California, is recognized as the largest independent painter of commercial and military aircraft in the United States. The Company maintains long-term contracts to paint aircraft for several of the largest airlines and aircraft OEMs in the world. The Companys executive management team invested in the Company alongside Vance Street. Terms of the transaction were not disclosed.

Leading Edge is an FAA-certified Maintenance, Repair and Overhaul (MRO) company specializing in aviation paint and coatings. Founded in 1989 as an aircraft detailing business based at Orange Countys John Wayne International Airport, Leading Edge is now the largest independent painter of jet aircraft and has facilities throughout the United States. Approximately 95% of the Companys revenues come from paint and coatings and the remaining 5% come from ancillary MRO services (e.g. interiors, fuel-system services). The Companys customer base includes major US and international airlines, leading commercial aircraft OEMs and military aerospace OEMs. On April 3, 2012 Aviation Week magazine announced that Leading Edge was one of four recipients of its MRO of the Year Awards for outstanding achievement and innovation in aviation maintenance, repair and overhaul.

Comments (0) Trackbacks (0)

No comments yet.

Leave a comment

No trackbacks yet.