Airway Services

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Airway Services, LLC Logo has been acquired by Takkion Holdings, LLC, a portfolio company of funds managed by affiliates of Apollo Global Management, Inc.  Logo

Overview

  • Airway Services provides onshore scheduled preventative maintenance, warranty support, large corrective repair, blade, repower maintenance, and construction support services to leading wind turbine OEMs and owner/operators
  • The Company’s dedication to service, training & retaining technicians, and staffing high-trained technicians to top OEM and owner/operator customers had led to robust revenue and margin growth
  • The Company had recently expanded into a new market serving industrial-scale energy storage clients

Situation

  • The Company’s existing shareholder were looking for liquidly after material increases in the business
  • The Company had received inbound from a large strategic acquirer
  • Cascadia was engaged by Airway to pursue a broader market marketing effort

Our Specialized Approach

  • Cascadia positioned Airway around its massive recent growth and future prospects
  • Cascadia ran a broad process reaching out to a number of potential investors and buyers that understood wind energy market
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