Fund: Fund IV
Status: Exited
Industry: Aerospace & Defense
Catalyst: Growth Capital
Location: United States
Ownership: Minority Owned
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MAG Aerospace

MAG Aerospace provides a full spectrum of manned and unmanned intelligence, surveillance and reconnaissance (“ISR”) services (operations, training, and technical services) and other specialty aviation to federal, international, civilian, and commercial customers around the world.

Deal Highlights:

    • Completed four transformative add-on acquisitions
    • Grew EBITDA by 841% over holding period
    • Clairvest was instrumental in raising debt financing to complete transactions and invested additional equity capital to support the Company’s growth
    • Clairvest worked in partnership with management to develop and execute the strategy to grow MAG from a subcontractor (single contract, small, manned ISR) to a prime contractor with a significant aviation component (small/medium aircraft, UAVs in multiple jurisdictions under multiple contracts)

Read about Growth Story

Learn about Clairvest’s expertise in the Aerospace, Defense & Government Services sector.