BGL Announces the Sale of Velocity Maintenance Solutions to Bombardier

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the sale of Velocity Maintenance Solutions (VMS), a maintenance, repair and overhaul (MRO) services provider, to Bombardier, a Canadian-based aircraft manufacturer. The acquisition was completed through Bombardier's U.S. subsidiary, Learjet Inc. BGL's Aerospace, Defense & Government Services (ADGS) investment banking team served as the exclusive financial advisor to VMS in the transaction. The terms of the transaction were not disclosed.

Headquartered in New Castle, Delaware, and founded in 2021, VMS is a provider of MRO services to the business aviation end market. Operating 24/7 through both MRO facilities and mobile service teams, VMS provides domestic and international coverage. Its combination of core maintenance capabilities and specialized services has supported accelerated organic growth and positioned the Company as a market leader in business aviation maintenance services.

Transaction Details

• The acquisition by Bombardier positions VMS for substantial growth within its robust service portfolio and existing customer base, with an opportunity to capitalize on the continued acceleration of the business aviation market
• The purchase of VMS bolsters Bombardier's U.S. presence and supports its long-term commitment to providing operators with unmatched service coverage and quality.
• VMS will further enhance Bombardier's ability to provide operators with a wide range of maintenance, support, and service options, close to where they fly.

About BGL's Aerospace, Defense & Government Services Team

BGL's ADGS investment banking team has decades of relevant experience and a network of long-standing relationships across a broad range of subsectors, including aerospace technology, aviation services & distribution, defense, space, and government technology & services. We welcome the opportunity to discuss the current ADGS landscape and the strategic considerations shaping the sector.