CAVU Component Repair LLC is an FAA-approved Part 145 Repair Station in Mesa, Arizona, with an 80,000-square-foot state-of-the-art facility for aircraft component repair.
Unical Aviation Inc., a provider of aftermarket aircraft parts, components and aviation solutions provider to the global commercial aerospace market, has announced that the company has completed the acquisition of CAVU’s component repair operations (CAVU Component Repair LLC) from CAVU Aerospace. The financial terms of the transaction between the two companies were not disclosed. CAVU Aerospace Inc. is a provider of asset management, disassembly & recycling services.
“The acquisition of CAVU Component Repair allows us to increase our capabilities in the third-party repair sector of our business, which we believe has strong and growing potential,” said Sharon Green, CEO, Unical. “CAVU Aerospace is an outstanding partner and its component repair team has provided us exceptional service for many years. We are excited they are joining the Unical team and we expect a seamless transition,” she further added.
CAVU Component Repair LLC is an FAA-approved Part 145 Repair Station in Mesa, Arizona, with an 80,000-square-foot state-of-the-art facility for aircraft component repair. Unical is one of the largest suppliers of new and used serviceable materials for the global aerospace industry with more than 85 million parts and over 1.3 million unique airframe and engine part numbers in stock.
“As the airline industry continues to rebound, we are delivering on our promise to invest in Unical’s growth and expand the services it offers its customers,” said Jacob Kotzubei, Partner, Platinum Equity.
Unical Aviation was acquired by Platinum Equity in 2021. Unical Aviation was founded in 1990 and headquartered in the City of Industry, CA, U.S. The company has more than 350 employees and supplies aircraft parts and components to over 2,100 aviation customers around the globe through a network of dedicated facilities in the United States, Europe and Asia.
Dan Krasner, Managing Director, Platinum Equity said, “We will continue working with Sharon and the management team to provide the resources the company needs to pursue more opportunities to grow organically and through additional acquisitions.”
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CAVU has three fixed-based disassembly locations including Stuttgart, Arkansas, Roswell, New Mexico and Victorville, California as well as mobile teams to travel to where the plane is located. CAVU Aerospace provides customized on-site and mobile part-out solutions. CAVU’s consignment services support various airframe and engine models including both wide and narrow-body Boeing & Airbus models, Bombardier and Embraer.
