“In addition to a successful outcome, it was fun to work with the Nolan team again on the sale of one of my companies. They found the perfect strategic fit and provided the inertia and guidance that successfully drove the transaction across the finish line. I credit their efforts in maximizing the value achieved on the sale of Volant.”
Ian Rollo
Former Owner and CEO, Volant Aerospace
Who is Our Client?
Volant, based in Burlington, WA, is a leader in the aircraft reconfiguration space and provides engineering, design and spare and overhauled parts for the commercial aircraft aftermarket.
Volant caters to all major airlines, leasing companies, MROs and integrators across the globe.
The majority owner of Volant is a former client of Nolan’s. This transaction represents the second successful sale completed by Nolan on his behalf.
Why Did Volant Hire Nolan?
Volant reached an inflexion point having grown significantly over the past few years, establishing capabilities and core competencies unique in the aerospace industry.
Volant sought a strategic partner to strengthen its competitive position while rounding out its capabilities and expanding its global reach.
Customers were regularly asking for a one-stop solution for interior reconfiguration needs.
What Value Did Nolan Deliver?
Nolan marketed Volant’s unique capabilities, customer base, strong management team and history of profitable performance to a diverse mix of strategic acquirers and a select number of private equity groups.
More than 30 internationally-based companies were contacted as strategic buyer prospects.
Included in the list of potential strategic buyers was ST Engineering, a $6.2 billion dollar publicly-traded company based in Singapore (SGX: STENGG). ST Aerospace, a division of ST Engineering, is the largest commercial airframe MRO in the world with operations in the Americas, Europe and Asia Pacific.
ST Engineering presented both a financially attractive offer and perfect strategic fit that exceeded our client’s expectations.
