About CTS Engines
CTS Engines is a company based in Fort Lauderdale (United States) founded in 2002, and was acquired by J.F. Lehman & Company in December 2020. Jet engine maintenance services are specialized in by CTS Engines. CTS Engines has raised $25 million across 1 funding round from investors including Palm Beach Capital, Platte River Equity and J.F. Lehman & Company. Its legal entity is CTS Engines, Inc.
Company details
Founded in 2002, CTS Engines is based in Fort Lauderdale, United States. Maintenance for jet engines is handled within the aviation sector. Operations focus on repairing and overhauling components to meet industry standards. Services are extended to airlines and operators, supporting aircraft reliability. The domain ctsengines.com is utilized for business outreach. Geography centers on U.S. facilities with potential global reach.
- Headquarters Fort Lauderdale, United States
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website ctsengines.com
- Social LinkedIn X Instagram YouTube
- Acquired by J.F. Lehman & Company (Dec 2020)
- Legal Name Cts Engines, Inc.
- Total Equity Funding$25M (USD)
in 1 rounds
- Latest Funding Round$25M (USD), Series A
Nov 2011
- InvestorsPalm Beach Capital
& 2 more
- Acquired by
Apps and channels of CTS Engines
its YouTube channel CTS Engines has 62 subscribers and 7 videos.
Videos from CTS Engines
The most watched videos on CTS Engines's YouTube channel, CTS Engines (62 subscribers). Click a video to play it here.
More on CTS Engines.
Funding Insights of CTS Engines
CTS Engines has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in November 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25M
- Total Rounds 1
- Last Round Series A — $25M
- First Round $25M
(Nov 2011)
All 1 funding rounds of CTS Engines 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 2011 | $25M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in CTS Engines
CTS Engines has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Palm Beach Capital, Platte River Equity and J.F. Lehman & Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Palm Beach Capital is engaged in private equity investments for growth-oriented companies in the U.S. lower middle market. | 2001 | pbcap.com | West Palm Beach, United States | |
Platte River Equity is focused on private equity investments. | 2006 | platteriverequity.com | Denver, United States | |
J.F. Lehman & Company is engaged in private equity and credit investments. | jflpartners.com | New York, United States |
Investor details for CTS Engines
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 CTS Engines
4 people are tracked at CTS Engines (2 in leadership, 1 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Vesa Paukkeri | Chief Commercial Officer (cco) | Leadership |
Geert van Damme | VP Sales & Marketing EMEA - ASIA For CTS Engines | Leadership |
Bill Kircher | Executive Chairman | Board & advisors |
Alfredo Andres Salcedo | Purchasing Coordinator | Team |
Complete people profiles for CTS Engines
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 CTS Engines
5 dated milestones of CTS Engines across 18 years, from founding to its latest funding, stage changes and deals.
- Founded CTS Engines is founded.
- Funding First funding round of $25.0M.
- Exit Acquired by Palm Beach Capital.
- Exit Acquired by Platte River Equity.
- Exit Acquired by J.F. Lehman & Company.
Web traffic of CTS Engines
The website of CTS Engines (ctsengines.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 2.5% vs previous month
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Frequently Asked Questions about CTS Engines
CTS Engines was founded in 2002 and raised its 1st funding round 9 years after it was founded.
CTS Engines is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
CTS Engines is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Nov 2011.
Founded in 2002, CTS Engines is based in Fort Lauderdale, United States. Maintenance for jet engines is handled within the aviation sector. Operations focus on repairing and overhauling components to meet industry standards. Services are extended to airlines and operators, supporting aircraft reliability. The domain ctsengines.com is utilized for business outreach. Geography centers on U.S. facilities with potential global reach.
CTS Engines has 3 investors. Key investors include Palm Beach Capital, Platte River Equity, and J.F. Lehman & Company.
CTS Engines operates through Cts Engines, Inc..
Yes. CTS Engines was acquired by J.F. Lehman & Company in December 2020.