Case Study

CTS Engines
Aerospace, Defense & Government Services; Logistics; Business and Professional Services
Leading provider of full spectrum maintenance, repair, and overhaul (MRO) services for established engine platforms and performs developmental testing on next generation engines utilizing the highest thrust commercial test facility in the world.
Fort Lauderdale, Florida
Jointly owned by CEO Brian Neff and Palm Beach Capital
Transaction Type:


CTS retained BlackArch Partners as their sole financial advisor in completing a sale of the business.

BlackArch's Customized Solution

BlackArch ran a competitive marketing process, which included strategic acquirors most active in the commercial aerospace sector, as well as financial sponsors possessing the expertise and operating experience necessary to acquire a world-class service provider such as CTS. BlackArch tailored its diligence and marketing efforts around the distinct capabilities and objectives of the Company’s owners to ensure that the business attracted the right acquiror that would be most likely to continue the Company’s impressive growth and unrivaled client service.


CTS was sold to Platte River Equity, a private equity firm whose sector focus includes aerospace and who invests in lower middle market operating companies with enterprise values generally between $20 million and $250 million.