LAUNCH Technical Workforce Solutions, a provider of technical workforce solutions and services to the aviation industry, today announced the acquisition of JMC Aviation, a global engineering solutions and aviation recruitment specialist headquartered in Exeter, United Kingdom.
JMC Aviation provides a wide range of technical solutions across the UK, the European Union and Canada, among other geographies.
The acquisition brings together two highly complementary organisations and creates the largest specialised provider of technical aviation solutions globally.
By combining LAUNCH’s US market leadership with JMC’s established international presence, the acquisition establishes a global leader of workforce solutions and technical services to manufacturing and MRO/aftermarket customers within the commercial aerospace, business & general aviation, defence and rotary end markets.
In combination, LAUNCH will now be able to offer a broader range of capabilities, including an expanded suite of modifications and a mobile repair team, furthering its commitment to creating a global technical services offering.
The transaction also expands LAUNCH’s pool of technical talent, deepening its ability to deliver comprehensive workforce solutions on a global scale.
LAUNCH is a portfolio company of Capitol Meridian Partners, a private equity firm with deep expertise in the aviation sector.
Equity financing in support of the transaction was provided by Capitol Meridian Fund I, L.P. and its affiliates, with participation from members of both management teams.
Debt financing for the transaction was provided by LAUNCH’s existing lenders, MidCap Financial and Marathon Asset Management. Terms of the transaction were not disclosed.
In connection with this transaction, LAUNCH’s Executive Chairman, Jeff Martin, will add the title of CEO of both organisations.
Jeff brings more than 33 years of aviation experience, along with extensive senior executive and board leadership.
His depth of expertise uniquely positions him to guide LAUNCH through the Company’s next chapter of innovation, growth and expansion, while continuing to shape its strategic vision.
Jeff Martin, Executive Chairman and CEO, said: “This acquisition represents a significant milestone in LAUNCH’s evolution,”.
“JMC Aviation is a respected global organisation with a strong reputation for technical excellence and customer partnership.
“Together, we are building a platform that allows us to support our customers wherever they operate, while staying true to our shared commitment to quality, safety and long-term relationships.”
Hollie Prendergast, Managing Director of JMC Aviation, added: “Partnering with LAUNCH is a natural next step for JMC. From the very beginning, it was clear that our companies share the same values and customer-first mindset.
“This acquisition strengthens our ability to support clients globally, while preserving the culture, leadership, and service standards our customers rely on every day.”