Top Aces

Dorval, Canada Founded: 2005 • Age: 21 yrs
Provider of contracted adversary air and close air support training
Annual revenue - Latest available
Total funding $100.0M 5 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Top Aces

Top Aces is a company based in Dorval (Canada) founded in 2005. Top Aces has raised $100 million across 5 funding rounds from investors including Morgan Stanley, Clairvest and Caisse de depot et placement du Quebec. Top Aces has completed 1 acquisition, including Blue Air Training. Top Aces offers products and services including Adversary Air Services and Joint Terminal Attack Controller Training.

  • Headquarter Dorval, Canada
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Top Aces Inc
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $100 M (USD)

    in 5 rounds

  • Latest Funding Round
    $138.63 K (USD), Debt – Conventional

    Mar 13, 2025

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Top Aces

Top Aces offers a comprehensive portfolio of products and services, including Adversary Air Services and Joint Terminal Attack Controller Training.

Product name locked
Category locked
Primary

Contracted adversary air services are delivered for military exercises and simulations

Product name locked
Category locked
Locked

Joint terminal attack controller training is offered for day and night operations in military contexts

People of Top Aces

Headcount 200-500
Employee Profiles 60
Employee Profiles
People
Dennis Lopes
Chief Strategy And Business Officer
People
Neha Batra
Supply Chain Manager
People
Marienis Espinoza
Transportation Coordinator
People
Steve Haase
US Group President

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Funding Insights of Top Aces

Top Aces has successfully raised a total of $100M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $138.63 thousand completed in March 2025. 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.

Investors in Top Aces

Top Aces has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Clairvest and Caisse de depot et placement du Quebec.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment management firm
Locked Locked Locked
Investment strategies are provided across diverse asset classes and markets.
Locked Locked Locked
Wealth management, investment advisory, and financial services are provided.
Locked Locked Locked
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Investor details for Top Aces

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Top Aces

Top Aces has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blue Air Training.

Investments
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Investment portfolio details for Top Aces

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Close air support training is provided for JTACs and warfighters.
Locked Locked 2011 Locked
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Complete acquisition details for Top Aces

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Top Aces

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Detailed financials for Top Aces

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  • Profit trends
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Top Aces Comparisons

Top Aces Primary company
Description
Provider of contracted adversary air and close air support t...
Location
Dorval, Canada
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Top Aces

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  • Headcount comparison
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Competitors of Top Aces

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Detailed competitors of Top Aces

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Latest news on Top Aces

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Complete news archive for Top Aces

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Frequently Asked Questions about Top Aces

Top Aces was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Top Aces is headquartered in Dorval, Canada. It is registered at Dorval, Quebec, Canada.

Paul Bouchard is the current CEO of Top Aces.

Top Aces is a funded company, having raised a total of $100M across 5 funding rounds to date.

Top Aces was founded in 2005 and is headquartered in Dorval, Canada. Operations focus on the defense sector, where live-fly training services are delivered to military clients. Scenarios covered include air-to-air, air-to-ground, and navalair defense simulations, supported by a fleet of fighter jets. Joint terminal attack controller training is also offered to support pilot skill development and military readiness.

Top Aces offers Adversary Air Services and Joint Terminal Attack Controller Training.

Top Aces has made 1 acquisition, including Blue Air Training.

Top Aces has 3 investors. Key investors include Morgan Stanley, Clairvest, and Caisse de depot et placement du Quebec.

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