Trenchard was established in November 2015 with the acquisitions of Aero-Technics and Airbase. Aero-Technics mainly provides cabin maintenance services as part of airlines’ regular checks. Airbase also provides cabin maintenance services, usually as part of a more comprehensive overhaul. Trenchard has operations on or near the airports at Manchester, Dubai, Heathrow and Gatwick.
Since the initial transaction, Trenchard has acquired Servecorp, which designs and manufactures life vest pouches (“LVPs”), in March 2016 and Reheat, which provides repair and maintenance services for galley equipment, in November 2016. The acquisitions diversified the group’s range of services and broadened the customer base that now includes many leading airlines.
Trenchard aims to consolidate in the fragmented and highly regulated cabin maintenance market. Graphite has supported Trenchard in developing an acquisition pipeline. From the outset, Graphite has led the development of the management team and worked alongside them to improve the group’s operations and to integrate the acquisitions.