Swift Anchor and Balance Point Capital Invest in Essential Turbines

Essential Turbines Inc. Acquires AeroMaritime Mediterranean Ltd. (Essential Turbines Malta)

July 22, 2025

Aerospace & Defense

Essential Turbines Inc. (ETI) has completed the acquisition of AeroMaritime Mediterranean Ltd., a Malta‑based Rolls‑Royce authorized MRO center. The business will operate as Essential Turbines Malta, adding ~36 MRO professionals and AMROC capabilities to ETI's global MRO network to expand its European footprint and engine service capabilities.

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

Balance Point Invests in CraneTech Inc.

October 31, 2022

Industrial Services

Balance Point Capital Advisors, via its fund Balance Point Capital Partners IV, provided a financing solution to CraneTech Inc., a portfolio company of Steel River LLC, to support the company’s growth initiatives. CraneTech, founded in 2004 and headquartered in Stockton, California, provides overhead crane inspection, maintenance, and manufacturing services across U.S. end markets including manufacturing, aerospace & defense, and automotive.

Balance Point Capital and Growth Catalyst Partners Invest in Trendline Interactive

June 5, 2019

Marketing & Advertising

Balance Point Capital provided debt and preferred equity to support Growth Catalyst Partners' investment in Trendline Interactive LLC, a full-service email marketing agency headquartered in Austin, Texas. The financing is intended to accelerate Trendline's growth and support its platform and buy-and-build strategy.

Bain Capital-led Consortium to Acquire ITP Aero from Rolls‑Royce

September 27, 2021

Aerospace & Defense

Rolls‑Royce has signed a definitive agreement to sell 100% of ITP Aero to a Bain Capital Private Equity‑led consortium, including Spanish co‑investors SAPA and JB Capital, for approximately €1.7 billion. The sale is part of Rolls‑Royce’s disposal programme to raise proceeds and will position ITP Aero as an independent, growth‑focused aerospace supplier headquartered in the Basque Country, Spain; the transaction is expected to close in H1 2022 subject to regulatory approvals.

Battle Investment Group and Capricorn Holdings Acquire Turbopower

June 21, 2021

Aerospace & Defense

Turbopower, an MRO provider for gas turbine engines, auxiliary power units and components based in Opa-Locka, Florida, was acquired by Battle Investment Group and Capricorn Holdings in a transaction that closed on June 21, 2021. Vlad Miskovic will become President as the new owners plan internal investments, capability expansion and footprint growth to support commercial and military customers worldwide; terms were not disclosed.