EirTrade Aviation has partnered with Acorn Growth Companies to strengthen its financial capabilities and expand its aviation asset management services.
Information on the Target
EirTrade Aviation Ireland Limited, commonly known as EirTrade, is a prominent provider of aviation asset management solutions. Founded in 2010 by Ken Fitzgibbon, the company operates with a focus on delivering comprehensive end-of-life services for aviation assets. EirTrade boasts a rich portfolio of services, including engine storage, disassembly, repair management, and parts trading, all aimed at maximizing asset value for global aviation asset managers, leasing companies, and airlines. With operational facilities located in Ireland and Dallas, Texas, EirTrade has carved a niche in the aviation aftermarket services sector.
Under the continued leadership of its founder Ken Fitzgibbon, who will remain the Chief Executive Officer following the recent partnership with Acorn Growth Companies, EirTrade is poised to enhance its financial capabilities and operational reach. The partnership will enable EirTrade to expand its consignment business and engage in larger and strategic asset purchases, thus reinforcing its position within the aviation market.
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Industry Overview in Ireland
The aviation industry in Ireland is a global leader, heavily contributing to the economy while also serving as a significant hub for international travelers and cargo services. Ireland is recognized for its skilled workforce, favorable tax environment, and robust regulatory framework, which has positioned it a
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Acorn Growth Companies, LLC
invested in
EirTrade Aviation Ireland Limited
in 2023
in a Strategic Partnership deal