AEVEX Aerospace (the “Company”), a Trive Capital portfolio company and leading airborne ISR company that provides highly specialized services to the intelligence and special operations communities, announced that it has entered into a new $160 million credit facility led by Bain Capital Credit (“Bain”). The recapitalization of the business will help facilitate continued growth and investment in industry-leading capabilities to better support its customer community.
Trive Partner David Stinnett said, “We believe AEVEX has built a leading reputation within the intelligence community and has assembled a talented team and culture capable of scaling to meet its customers’ growing requirements. The recapitalization of the business will help support future growth, including potential acquisitions.”
AEVEX CEO Brian Raduenz added, “AEVEX’s end-to-end service offering and value proposition has yielded strong growth in recent years, and we look forward to continuing this momentum. The Company will strive to offer continued mission focus and operational expertise to enable the success of our partners in the intelligence and special operations communities.”
About AVEX
AEVEX Aerospace, headquartered in Solana Beach, CA, is a leading provider of full-spectrum airborne intelligence solutions for the global intelligence community. The Company’s vertically integrated Intelligence, Surveillance, and Reconnaissance (ISR) platform operates across three lines of business: Engineering & Technology, Flight Operations, and Intelligence Solutions. AEVEX has long-standing relationships with niche end-users and is deeply entrenched on critical, enduring ISR missions.