About Avtron Aerospace
Avtron Aerospace is a company based in Cleveland (United States) founded in 1953, and was acquired by Odyssey Investment Partners in January 2017. Aerospace and defense test equipment and facilities are manufactured. Avtron Aerospace offers products and services including Aerospace Test Solutions and Service and Support Solutions. Its legal entity is Testek Solutions.
Company details
Avtron Aerospace was founded in 1953 in Cleveland, United States. Operations focus on the aerospace and defense sector, where test equipment and facilities are designed, manufactured, and supported. Reliable testing solutions are provided for original equipment manufacturers, maintenance, repair, and overhaul organizations, as well as system integrators. Aircraft components and systems are tested across various applications, with comprehensive lifecycle support offered for diverse conditions.
- Headquarters Cleveland, United States
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website avtronaero.com
- Social LinkedIn X
- Acquired by Odyssey Investment Partners (Jan 2017)
- Legal Name Testek Solutions
- Latest Funding Round$8M (USD), Debt – Conventional
Nov 2007
- InvestorsNidec Group
& 4 more
- Acquired by
Products & Services of Avtron Aerospace
Avtron Aerospace offers a comprehensive portfolio of products and services, including Aerospace Test Solutions and Service and Support Solutions.
Reliable test systems are designed and manufactured for aerospace components under extreme conditions.
Ongoing support and warranty services are provided for test equipment and facilities.
Funding Insights of Avtron Aerospace
- Total Rounds 2
- Last Round Debt – Conventional — $8M
- First Round $800,000
(Nov 2007)
- Investors Count 1
All 2 funding rounds of Avtron Aerospace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2007 | $8M | Debt – Conventional | – | – | |
| Nov 2007 | $800,000 | Unspecified | – | – |
5 investors in total: 5 institutional.
Investors in Avtron Aerospace
Avtron Aerospace has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nidec Group, NMP Capital and Morgenthaler.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment solutions are provided by NMP Capital to financial sponsors. | nmp.com | Minneapolis, United States | ||
Venture capital and private equity investment firm | morgenthaler.com | Portola Valley, United States | ||
Private equity fund focused on multiple sectors | odysseyinvestment.com | New York, United States | ||
Motors are manufactured and supplied for automotive and appliance industries. | 1973 | nidec.com | Kyoto, Japan | |
A private equity firm focused on industrial business investments. | cwindustrials.com | Cleveland, United States |
Investor details for Avtron Aerospace
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Avtron Aerospace
6 people are tracked at Avtron Aerospace (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Joel Dillard | Chief Financial Officer | Leadership |
Bruce DeWitt | Chief Executive Officer | Leadership |
Lynn Abou-Ghalioum | Facility & Operations Support Lead | Team |
Daniel Zisko | Hydraulic Mechanic | Team |
Joe Cancilla | Field Service Tech | Team |
Gary Sickafoose | Field Service Engineer | Team |
Complete people profiles for Avtron Aerospace
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Avtron Aerospace
6 dated milestones of Avtron Aerospace across 64 years, from founding to its latest funding, stage changes and deals.
- Founded Avtron Aerospace is founded.
- Exit Acquired by Morgenthaler.
- Funding First funding round of $800K.
- Exit Acquired by Nidec Group.
- Exit Acquired by CW Industrial Partners.
- Exit Acquired by Odyssey Investment Partners.
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Frequently Asked Questions about Avtron Aerospace
Avtron Aerospace was founded in 1953 and raised its 1st funding round 54 years after it was founded.
Avtron Aerospace is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Avtron Aerospace was founded in 1953 in Cleveland, United States. Operations focus on the aerospace and defense sector, where test equipment and facilities are designed, manufactured, and supported. Reliable testing solutions are provided for original equipment manufacturers, maintenance, repair, and overhaul organizations, as well as system integrators. Aircraft components and systems are tested across various applications, with comprehensive lifecycle support offered for diverse conditions.
Avtron Aerospace offers Aerospace Test Solutions and Service and Support Solutions.
Avtron Aerospace has 5 investors. Key investors include Nidec Group, NMP Capital, Morgenthaler, CW Industrial Partners, and Odyssey Investment Partners.
Avtron Aerospace operates through Testek Solutions.
Yes. Avtron Aerospace was acquired by Odyssey Investment Partners in January 2017.