Swift Anchor Holdings, a private equity firm, has made an investment in Essential Turbines, a provider of maintenance, repair and overhaul (MRO) services for aircraft engines.
Founded 30 years ago, Essential Turbines is an aerospace MRO, and Rolls Royce FIRST Network AMROC. ETI’s dedication to performance, quality and safety enables it to serve customers across commercial, government and military end markets. ETI works to ensure optimal performance and reliability for operators in demanding environments.
Balance Point Capital invested equity and debt capital in support of the transaction. Stikeman Elliott and McGuireWoods acted as legal advisors to Swift Anchor. TD Bank provided debt financing for the transaction.