XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive advisor to First Class Air Support, Inc. (FCAS) and Cargo Repair, LLC in its sale to O2 Investment Partners, LLC.

FCAS and Cargo Repair are both headquartered in Louisville, Kentucky with additional facilities in Florida, California, Turkey, and the United Kingdom. FCAS is a leader in the aerospace aftermarket and a premier supplier of components to the global cargo aviation industry. Cargo Repair, is an FAA and EASA 145 certified repair station specializing in the repair and overhaul of cargo loading systems and components.

Isac Roths, Founder of both companies remains a significant shareholder and will continue to lead the organization as President and CEO.

“Thanks to Joe Contaldo and his team at XLCS, we have a great new partnership with O2,” said Isac Roths. “XLCS sought a strategic partner that would help facilitate our growth and expansion plans. Joe’s leadership throughout the process brought us the best possible outcome. We look forward to our new partnership.”

“Partnering with well-known, highly respected global aerospace leaders is what we do best, and we love every second of it,” stated Joe Contaldo, Partner and Head of XLCS Partners’ Aerospace & Defense Practice Group. “Our team is growing, our reach expanding, and our process is leading to extraordinary outcomes for our clients.”

O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select niche industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.

XLCS acted as the exclusive M&A advisor to FCAS and Cargo Repair and the transaction was led by Joe Contaldo, Partner and Head of XLCS’s Aerospace & Defense Practice Group. The transaction was completed on January 28, 2020.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.

XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as exclusive advisor to Unique Airmotive Services (UAS) in its sale to Mill Hill Capital.

Founded in 2011 and headquartered in Clover, South Carolina, UAS is a market leading maintenance, repair, and overhaul (MRO) solutions provider focused on auxiliary power units (APUs) and the sale of related accessories to the global aviation industry.  UAS has quickly grown to become a trusted MRO provider for airlines and freight operators, serving a global customer base.

“Given recent strong growth and industry tailwinds, we needed a trusted investment banking team who could help us navigate our strategic alternatives,” explained Karl Brown, UAS’ Chairman. “We turned to XLCS because of their depth of knowledge in aerospace and aviation, deep industry relationships with the most aggressive buyers, and their relentless focus on client service. The team at XLCS Partners was instrumental in positioning the business for a successful outcome.”

UAS President, Roger Brochu, added, “XLCS delivered flawlessly on the sale process, earning the entire management team’s confidence and trust.  We feel like we made new friends for years to come, while also achieving all of our goals for the business, including positioning UAS for strong future growth.”

Based out of Naples, Florida, Mill Hill Capital is a private investment firm focused on acquisitions, recapitalizations, and founder liquidity events for middle market companies. Mill Hill’s team spans fifty years of investing and operational experience in aviation, aerospace, automotive, building products, medical products, and distribution.

“This transaction further demonstrates XLCS Partners’ position as the industry leader for advising high growth aerospace companies,” stated Joe Contaldo, Partner and Head of XLCS’s Aerospace & Defense Practice Group. “Our track record and commitment to the sector uniquely positions us an ideal partner for companies seeking the best M&A advice.”

XLCS acted as the exclusive M&A advisor to UAS and the transaction was completed December 16, 2019.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.

XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive advisor to Silipint in its sale to E&A Companies.

Silipint, headquartered in Bend, Oregon is the originator of silicone drinkware and has developed a line of patented products including pint glasses, bombers and wine glasses. Silipint’s eco-friendly products are tested to the highest standards and the durable nature of silicone makes the products resistant to breaking, cracking, fading, or scratching. From the patio to the campground, beach vacation or daily commute, these colorful, versatile drinking glasses are as flexible in shape as they are in utility. Silipint aims to put a silicone drinking cup, bowl, and straw in every household near and far, and provide unbreakable joy along the way.

Based in Indianapolis, Indiana, E&A Companies is a private investment firm with a successful history of working alongside entrepreneurs to help companies reach their true potential. E&A differentiates from other investment groups by working daily with company leaders to help take the business to the next level with a focus on long-term value creation.

Rick Fredland, Silipint’s Founder, will continue to lead the company and remains a significant shareholder.

“Rick and his team have built a fantastic business centered around a great product and a company culture that is truly unique,” stated Joe Contaldo, Partner of XLCS Partners. “We had a blast working with Rick and value our continued friendship. The sky’s the limit for Silipint and we are excited to see where it goes with E&A’s consumer product expertise and resources.”

XLCS acted as the exclusive M&A advisor to Silipint and the transaction was led by Joe Contaldo, Partner and Jay Cremer, Senior Associate. The transaction was completed December 9, 2019.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.