We are pleased to share the sale of our client, The Maintenance Group, Inc., to Elliott Aviation. The acquisition closed December 31, 2020 and details were not disclosed.
Located in Atlanta, Georgia, The Maintenance Group (TMG) is equipped to handle major airframe inspections, structural repairs & modifications, wing corrosion repair, DAR import/export airworthiness approvals, STC installation & certification projects, and pre-purchase inspections.
TMG operates from DeKalb Peachtree Airport (PDK), which is located approximately 12 miles northeast of downtown Atlanta. Through its three entities, TMG is a full-service provider of aircraft MRO services including general maintenance, avionics, heavy structural repairs, and custom interior design and installation; the company also supplies aircraft parts and jet fuel.
In addition to being certified as a repair station with the FAA, TMG Group maintains an STC2 certification, which enables the company to install satellite antennas on aircraft. TMG offers professional maintenance services on Gulfstream, Challenger, Falcon, Hawker, Learjet, Citation, Astra, and Beechjet aircraft. The company caters to private jet owners (primarily high-net-worth individuals, including corporate executives). Over the course of its 24-year history, the company has developed an outstanding reputation in its niche market and is well known for the reliability and quality of its service and its technical expertise.
Elliott Aviation is a diversified aviation services company with three Midwest locations in Minneapolis, Minnesota, Des Moines, Iowa and Moline, Illinois. Elliott Aviation is known as a world-class provider of comprehensive and customer-focused solutions for business aviation, no service organization anywhere can top their on-time, on-budget shop service record. The company has been a leader in business aviation services since 1936. Elliott Aviation is a portfolio company of Summit Park, a Charlotte, North Carolina-based private investment firm focused exclusively on the lower middle market.
Elliott Aviation’s current locations are authorized service facilities for Beechjet 400A/Hawker 400XP, Hawker, King Air, and Premier. Elliott Aviation is also an authorized service center for Embraer Legacy 400/500, Phenom 100/300, and TBM. Additionally, they regularly utilize their approvals within their 145-repair station for Challenger 300/604/605, several Learjet models, and most models of Cessna Citation. The acquisition of TMG adds an additional 40,000+ square feet to Elliott Aviation’s nationwide footprint.
“For 25 years, we’ve built long-standing partnerships with customers in the Atlanta metro area and throughout the United States. Customers have trusted us because they know they can receive excellent service at a fair price,” said Dan Furlong, owner of The Maintenance Group.
“We’re happy to partner with Elliott Aviation because they share the same values that have driven our company since the ‘90s.”
“Elliott Aviation has been on a mission to expand our MRO footprint to a southeast-based maintenance location and increase our capabilities to new airframes for nearly a year,” said Greg Sahr, CEO of Elliott Aviation.
“We are happy to welcome a highly-talented group of experienced maintenance technicians in a geography that will help us expand our overall maintenance capabilities. We’ve built our 85-year-old brand on providing unmatched quality, uncompromising integrity, and unbeatable service, and we’re looking forward to providing this same level of great service to both our customers and employees in Atlanta.”
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Sr. Managing Director Southeastern Region, Julie Sandoval, with the support of Vice President Mergers & Acquisitions, Alex Mironov, successfully closed the deal. Senior Managing Director Doug Morrow established the initial relationship with TMG.
“It was a pleasure working with Dan and Betty Furlong and the SummitPark/Elliott Aviation team; this was a clear fit. We are thrilled to have been a part of the process,” said Sandoval.
If you’d like to explore other transactions our associates have supported in this industry, visit our dedicated Technology M&A Deals page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.
Success, you have been added to our list.
it all started with a conference.
start your story today,
speak directly with one of our senior advisors +1-972-232-1121