Flying Colours

Peterborough, Canada Founded: 1989 • Age: 37 yrs Acquired By Flexjet
Horizontal directional drilling services and engineering are provided.
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About Flying Colours

Flying Colours is a company based in Peterborough (Canada) founded in 1989 was acquired by Flexjet in August 2023.. Flying Colours offers products and services including Aircraft Refurbishments and Custom Paint Services.

  • Headquarter Peterborough, Canada
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Flexjet, Llc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $18.9 M (USD), Debt – Conventional

    Nov 19, 2018

  • Investors
    Flexjet

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Flexjet

    (Aug 02, 2023)

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Products & Services of Flying Colours

Flying Colours offers a comprehensive portfolio of products and services, including Aircraft Refurbishments and Custom Paint Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Refurbishment of aircraft interiors is conducted, including design, development, and installation to reflect individual visions.

Custom paint and exterior coatings are applied, ranging from minor changes to full schemes using state-of-the-art procedures.

People of Flying Colours
Headcount 200-500
Employee Profiles 15
Employee Profiles
People
Scott Duncan
Vice President & GM, Peterborough
People
John Gillespie
President & CEO
People
Chip Fichtner
Senior Director, Engineering & Certification
People
Debbie Ammann
SVP, Finance & Administration

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Funding Insights of Flying Colours

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $18.9M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Debt – Conventional - Flying Colours Valuation

investors

Feb, 2018 Amount Private Equity Round - Flying Colours Valuation New Heritage Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Flying Colours

Flying Colours has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Flexjet, IAM Group and New Heritage Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are made in founder-led businesses.
Founded Year Domain Location
Limited details are disclosed about IAM Group's core operations.
Founded Year Domain Location
Aircraft fractional ownership, leasing, and jet card services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Flying Colours

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Flying Colours

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flying Colours Comparisons

Employees
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Competitors of Flying Colours

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Flying Colours

Frequently Asked Questions about Flying Colours

When was Flying Colours founded?

Flying Colours was founded in 1989 and raised its 1st funding round 29 years after it was founded.

Where is Flying Colours located?

Flying Colours is headquartered in Peterborough, Canada. It is registered at Peterborough, Ontario, Canada.

Who is the current CEO of Flying Colours?

John Gillespie is the current CEO of Flying Colours.

What does Flying Colours do?

Horizontal directional drilling (HDD) services and engineering are offered by Flying Colours, which was founded in 1989 in Peterborough, Canada. Design, engineering, and turnkey installation for HDD projects are provided, along with expertise in drilling through soil conditions ranging from sand to hard rock. Project management is conducted using established methodologies and best practices. Equipment and custom tools for the HDD industry are also supplied.

What products or services does Flying Colours offer?

Flying Colours offers Aircraft Refurbishments and Custom Paint Services.

Who are Flying Colours's investors?

Flying Colours has 3 investors. Key investors include Flexjet, IAM Group, and New Heritage Capital.

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