At what enterprise value was INTERNATIONAL AEROSPACE COATINGS IAC acquired in 2026?

You can find the full valuation details of INTERNATIONAL AEROSPACE COATINGS IAC on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of INTERNATIONAL AEROSPACE COATINGS IAC when it was acquired by HIG CAPITAL?

The exact EV/EBITDA multiple for INTERNATIONAL AEROSPACE COATINGS IAC is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

What was the revenue of INTERNATIONAL AEROSPACE COATINGS IAC at the time of the deal?

The revenue of INTERNATIONAL AEROSPACE COATINGS IAC at the time of the deal is estimated to be in the range of 150M - 250M USD. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the INTERNATIONAL AEROSPACE COATINGS IAC acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the INTERNATIONAL AEROSPACE COATINGS IAC deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://hig.com/news/h-i-g-capital-completes-acquisition-of-iac/

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Home Database Industry & ManufacturingINTERNATIONAL AEROSPACE COATINGS IAC

05/2026

INTERNATIONAL AEROSPACE COATINGS IAC acquired by HIG CAPITAL

UNITED STATES Aerospace, Naval & Defense / MRO (Maintenance, Repair & Overhaul) REV 150M - 250M USD

Context

Global alternative asset manager H.I.G. Capital has finalized, through one of its specialized affiliates, the total acquisition of International Aerospace Coatings (IAC). This primary M&A transaction represents a strategic exit for the private equity sponsor Tiger Infrastructure Partners, which previously held a controlling interest in the aviation services company. The strategic rationale behind the acquisition is rooted in accelerating the international expansion of International Aerospace Coatings to capture expanding market demand for critical fleet finishing solutions. By utilizing the extensive resources and operational expertise of H.I.G. Capital, the current executive management team intends to grow its physical footprint, fund the construction of additional wide-body hangar capacity, and aggressively pursue selective add-on acquisitions to capture additional market share across the transatlantic aviation corridor. In terms of transactional execution, H.I.G. Capital was advised by RBC Capital Markets, LLC as financial counsel, with Ropes & Gray LLP acting as legal advisor. On the sell-side, financial advisory services were led by Jefferies LLC, while Latham & Watkins LLP provided legal counsel to both Tiger Infrastructure Partners and the target company to secure the closing.

INTERNATIONAL AEROSPACE COATINGS IAC, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Benefiting from a strategic dual-headquarter model in Irvine, California, and Shannon, Ireland, International Aerospace Coatings stands out as a top-tier international player in the highly specialized aviation services industry. The industrial footprint of International Aerospace Coatings is built upon a cohesive global network of 25 dedicated hangars across 11 key airports in Europe and the United States, giving the firm the unique capacity to service a diversified fleet of wide-body and narrow-body aircraft. The commercial positioning of International Aerospace Coatings centers on providing technical aircraft painting solutions and advanced surface treatments tailored for original equipment manufacturers (OEMs), major commercial airlines, air cargo operators, and maintenance, repair, and overhaul (MRO) centers. Through its engineering division, Eirtech Aviation Services, the company deploys complementary technical capabilities in aviation engineering and advanced fleet asset management. The business model of International Aerospace Coatings generates high revenue visibility and reliable cash flows, underpinned by multi-year contractual frameworks aligned with predictable commercial aircraft maintenance cycles. Backed by an established reputation for technical excellence, quality compliance, and reliable turnaround execution, International Aerospace Coatings serves as a trusted mission-critical partner to its blue-chip customers, capturing significant value within the global aerospace logistics chain.

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REFERENCES

Revenue range: 150M - 250M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INTERNATIONAL AEROSPACE COATINGS IAC by HIG CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: international aerospace coatings iac

Acquirer: hig capital