About ITP Aero
ITP Aero is a company based in Zamudio (Spain) founded in 1989 was acquired by Bain Capital Private Equity in September 2021. The company has 31 employees as of August 13, 2025. ITP Aero has completed 1 acquisition, including BP Aero. ITP Aero offers products and services including Aircraft Engines and MRO Services.
- Headquarter Zamudio, Spain
- Employees 31 as on 13 Aug, 2025
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Sectors
Aerospace, Defense & Maritime
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Itp Externals India Private Limited
- Date of Incorporation 20 Apr, 2010
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$7.21 M (USD)48.64as on Dec 31, 2023
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Net Profit
$823.04 K (USD)87.21as on Dec 31, 2023
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EBITDA
$883 K (USD)40.32as on Dec 31, 2023
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Latest Funding Round
$629.33 K (USD), Grant
Dec 01, 2022
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Investors
Bain Capital Private Equity
& 3 more
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Employee Count
31
as on Aug 13, 2025
- Investments & Acquisitions
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Acquired by
Bain Capital Private Equity
(Sep 27, 2021)
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Products & Services of ITP Aero
ITP Aero offers a comprehensive portfolio of products and services, including Aircraft Engines and MRO Services.
Engines are manufactured for commercial and defense aviation, contributing to efficient propulsion solutions
Maintenance and repair services are provided for engines, including diagnostics and certifications to support ongoing operations
People of ITP Aero
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Software Development Team
76 people
Ingeniero Team
9 people
Creative and Marketing Team
8 people
Leadership Team
8 people
Product Management Team
7 people
Manufacturing Team
6 people
Head Team
6 people
Strategic Team
3 people
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Funding Insights of ITP Aero
Investors in ITP Aero
ITP Aero has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Bain Capital Private Equity, European Union and Trilantic Europe.
| Investor | Description | Founded Year | Domain | Location |
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PE firm invests in Europe
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Locked | Locked | Locked | |
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Private investment firm managing assets and expanding into equity, credit, and real estate services.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for ITP Aero
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Investments & Acquisitions by ITP Aero
ITP Aero has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BP Aero.
Investment portfolio details for ITP Aero
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Full service aviation solutions provider offering engine teardowns, engine part overhaul, and accessory overhaul.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for ITP Aero
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Financial Statements - ITP Aero
Detailed financials for ITP Aero
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Itp Aero Comparisons
Peer comparison for ITP Aero
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Competitors of ITP Aero
Detailed competitors of ITP Aero
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Latest news on Itp Aero
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Frequently Asked Questions about ITP Aero
ITP Aero was founded in 1989 and raised its 1st funding round 15 years after it was founded.
ITP Aero is headquartered in Zamudio, Spain. It is registered at Zamudio, Bizkaia, Spain.
As of Aug 13, 2025, the latest employee count at ITP Aero is 31.
Annual revenue of ITP Aero is $7.21M as on Dec 31, 2023.
Founded in 1989 and based in Zamudio, Spain, aircraft engines and industrial turbines are produced for commercial, business, and defense aviation sectors, including single-aisle, regional, and helicopter applications, as well as industrial uses. Maintenance, repair, and overhaul services are provided, along with engine diagnostics, experimental testing, and certifications. Research and development efforts are directed toward sustainable aviation and digital technologies.
ITP Aero offers Aircraft Engines and MRO Services.
ITP Aero has made 1 acquisition, including BP Aero.
ITP Aero has 4 investors. Key investors include Bain Capital Private Equity, European Union, Trilantic Europe, and JB Capital Markets.