O2 Investment Partners in Bloomfield Hills Acquires Cobalt Aero Services

O2 Investment Partners, a private equity firm in Bloomfield Hills, today announced through FCAH Aerospace it has made an investment in, and partnered with, Cobalt Aero Services to support its strategic growth plan. Terms of the deal were not disclosed.
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Jet on ground
O2 Investment Partners’ FCAH Aerospace has invested in and partnered with Cobalt Aero Services in Arizona. // Stock photo

O2 Investment Partners, a private equity firm in Bloomfield Hills, today announced through FCAH Aerospace it has made an investment in, and partnered with, Cobalt Aero Services to support its strategic growth plan. Terms of the deal were not disclosed.

Cobalt Aero Services, based in Hot Springs, Ariz., is a licensed FAA and EASA repair station providing routine and as-needed component maintenance, repair, and overhaul services such as on-site inspection assistance, on-site repair support, and full shop inspection and support.

Isac Roths, CEO of FCAH Aerospace, says the addition of Cobalt Aero Services is expected to offer “significant revenue synergies, with an opportunity to bring superior value and innovative solutions to a broad set of cargo freighter, commercial aviation, and defense customers.”

Cobalt Aero Services specializes in nacelle component and thrust reverser part repair, replacement, overhaul, and exchange. The company maintains in-house engineering and machining capabilities with the ability to perform repairs across a variety of aircraft platforms.

“FCAH Aerospace and O2 are a great fit for our organization and will help us reach our full growth potential,” says Tony McAnly, president of Cobalt Aero Services. “This partnership will allow us to grow our geographic presence, make strategic investments in our organization, and enhance our capabilities for customers. Isac and I share the same vision for the future, and we are excited to partner with him and the rest of the FCAH Aerospace team.”

FCAH Aerospace, which has its headquarters in Louisville, Ky., distributes aftermarket aircraft components worldwide, performs FAA certified maintenance, repair, and overhaul services, and provides end of life aircraft disassembly and storage solutions.

In addition to Louisville, FCAH Aerospace operates support locations in Miami, Pensacola, and Sunrise (all in Florida); Victorville, Calif.; Enumclaw, Wash.; Istanbul, Turkey; and the United Kingdom. Additional information is available at fcahaerospace.com.

O2 Investment Partners seeks to acquire majority interests in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.

For more information, visit o2investment.com.