Leading aerospace MRO Essential Turbines receives strategic investment
June 3, 2024 | By MRO Staff
Swift Anchor Holdings, a long-term oriented investment firm partnering with mission-critical companies, today announced its strategic investment in Essential Turbines, a leading provider of maintenance, repair, and overhaul services for aircraft engines.
Founded 30 years ago, Essential Turbines is a Rolls Royce FIRST Network AMROC, serving customers across commercial, government and military end markets.
They specialize in the Rolls-Royce M250 and RR300 engines, which are used to power some of the world’s most well-known helicopters, the company said in a press release.
“ETI is a market-leading MRO with a stellar reputation,” said Elias Lebovits, managing partner and founder of Swift Anchor. “We look forward to enhancing ETI’s dedication to delivering customers with unparalleled quality and service, while providing ETI’s employees with a rewarding work environment as we continue to grow the company.”
Balance Point Capital invested equity and debt capital in support of the transaction.
