Majority investment in SK AeroSafety Group by Bridgepoint Development Capital

Deal typePrivate Equity & Transaction Services
IndustryBusiness Services
Sub-industrySupport services
Client nameBridgepoint Development Capital

BDO has provided financial and tax due diligence services on the majority investment in SK AeroSafety Group by Bridgepoint Development Capital. 

Bridgepoint has agreed to make a majority investment in SK AeroSafety Group, the global market leader in aviation safety component maintenance, repair and overhaul services (""MRO""). 

Established in 2012, SK AeroSafety provides outsourced repair and maintenance services for critical flight safety products such as rafts, slides, oxygen cylinders, emergency beacons and fire extinguishers. The company operates from 14 locations across North America, Europe, the Middle East and Asia and employs more than 340 people worldwide.

The partnership builds on Bridgepoint’s growing track record and expertise in the aerospace and safety-critical testing sectors. Bridgepoint estimates the global MRO market for aviation safety components is valued at €1bn and SK AeroSafety is well placed to capitalise on this large and growing market. The company has a track record of achieving robust and resilient financial performance, delivering consistent, long-term revenue growth and industry-leading profit margins.