MIAMI–(BUSINESS WIRE)— Aerospace Resource Group (“ARG” or “the Company”) announced that Jim Martin is taking an expanded role with the Company as Chief Executive Officer. Martin partnered with Trivest Partners in 2017 to acquire the Company. In addition to his ownership stake in the company, he has served on the Company’s Board of Directors. ARG is a leading, full-service aftermarket maintenance, repair and overhaul (“MRO”) provider for the aerospace industry.
Martin brings over 25 years’ experience in growing companies, and he has held numerous leadership roles in the aviation industry including his role as President and Chief Executive Officer of Avborne from 2001 to 2008, a former Trivest portfolio company. Martin was instrumental in the management of Avborne through the industry crisis that resulted after September 11, 2001 and ultimately led the company through a successful sale to AAR and Sargent.
“Jim, as a significant owner in ARG as well as his deep experience in the aviation industry, is totally committed to deliver best in class customer service and produce the highest levels of quality, value and on-time delivery to our customers. He is perfectly suited to take ARG to the next stage in its growth,” said Troy Templeton, Managing Partner at Trivest Partners and ARG’s Chairman of the Board.
Martin added, “I am thrilled to take on an expanded role with ARG. The extensive capabilities of the Company attracted me as an investor, and I look forward to my more focused involvement in growing the Company and capitalizing on the dynamic trends in the industry”.
Martin received his Master of Business Administration from Emory University and his Bachelor of Science in Finance from Florida State University and is a Certified Public Accountant.
Martin will be joining Candido Sosa who will continue as a key member of the leadership of ARG in the capacity of Chief Operating Officer and Chief Financial Officer. “Candido has been instrumental in building and leading the team at ARG since he joined the company in 2017,” said Templeton.
ARG, based in Miami, Florida with additional operations in Chile, provides MRO services and parts supply for aftermarket commercial, cargo and military aircraft. With over 50 employees, ARG’s services cover a broad aerospace spectrum, including aircraft components, structures and interiors. In addition, the Company provides on-wing assistance through worldwide parts supply. ARG’s customer base represents a “who’s who” of global passenger and cargo operators. ARG has developed a reputation of high quality and strong reliability in the aviation community. The Company holds numerous certifications from the FAA (certified 145 repair station) as well as EASA and ANAC.
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed over 250 transactions, totaling nearly $6.0 billion in value. For additional information, visit www.trivest.com.