MAG Aerospace

Woodbridge, United States Founded: 2009 • Age: 17 yrs Acquired By New Mountain Capital
Manned and unmanned aerial ISR services are delivered globally.
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About MAG Aerospace

MAG Aerospace is a company based in Woodbridge (United States) founded in 2009 was acquired by New Mountain Capital in June 2018.. MAG Aerospace has completed 9 acquisitions, including AASKI, Ausley and Avenge Inc.

  • Headquarter Woodbridge, United States
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mag Aerospace
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AASKI

    & 8 more

  • Acquired by
    New Mountain Capital

    & 2 more

    (Jun 07, 2018)

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People of MAG Aerospace
Headcount 1000-5000
Employee Profiles 63
Board Members and Advisors 8
Employee Profiles
People
Rich Barkley
Vice President, Digital Engineering & Communications
People
John Norris
Program Manager - Senior Engineer
People
Joseph Reale
CEO
People
Robert Heller
EVP, SEC Business Unit

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Board Members and Advisors
people
Phil Nolan
Board Director
people
Joe Fluet
Chairman
people
Robert Mulcare
Director
people
Tim Crosby
Director

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Funding Insights of MAG Aerospace

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 MAG Aerospace

MAG Aerospace has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include New Mountain Capital, Vestar Capital Partners and Castle Harlan. 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
Investor Description Founded Year Domain Location
New Mountain Capital manages investments in private equity, credit, and net lease strategies.
Founded Year Domain Location
A leading private equity firm focused on value creation.
Founded Year Domain Location
A global private equity firm focused on middle market investments.
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 MAG Aerospace

MAG Aerospace has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AASKI, Ausley and Avenge Inc. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Business aircraft management is offered by Encore Aviation.
2017
RPS Defense is engaged in providing defense and aerospace services.
2013
Provider of C4ISR systems and UAVs to the military
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - MAG Aerospace

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

Mag Aerospace Comparisons

Employees
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Competitors of MAG Aerospace

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 Mag Aerospace

Frequently Asked Questions about MAG Aerospace

When was MAG Aerospace founded?

MAG Aerospace was founded in 2009.

Where is MAG Aerospace located?

MAG Aerospace is headquartered in Woodbridge, United States.

What does MAG Aerospace do?

Momentum Aerospace Group (MAG) Global provides manned and unmanned aerial remote sensing and ISR (intelligence, surveillance and reconnaissance) services. The company also provides pilot (manned and unmanned vehicle) training services, logistics (via a Canadian affiliate called MAG Logistics) and real-time location services for tags attached to humans and equipment. Aero-design Technologies merged with MAG Global assisted by NewCap Partners Inc.

How many acquisitions has MAG Aerospace made?

MAG Aerospace has made 9 acquisitions, including AASKI, Ausley, and Avenge Inc.

Who are MAG Aerospace's investors?

MAG Aerospace has 3 investors. Key investors include New Mountain Capital, Vestar Capital Partners, and Castle Harlan.

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