28 February 2019
YFM backed ACC Aviation, acquires global aviation consultancy Aerotask and is recognised in the Sunday Times as one of the UK’s fastest growing international sales businesses.
To support ACC’s ongoing expansion into Asia, Africa and the US the group has acquired the Dubai based aviation consultancy Aerotask. The acquisition will complement the existing ACC capabilities across ACMI leasing, aircraft charter and the aircraft seats aftermarket bringing additional customer and geographic diversification, whilst also adding asset management and advisory expertise.
ACC CEO, Phil Mathews, comments: “The incorporation of Aerotask as part of the ACC Aviation Group represents a significant milestone in the journeys of both organisations. Aerotask reinforces our presence within the Middle East, expanding our existing revenue lines, grow our customer base and allowing us to provide a market-leading end-to-end service offering to our global airline partners. We are also very proud to have been ranked as one of the fastest growing companies in the country – it is a fantastic achievement and a testament to the hard work of everyone at ACC and the support YFM have given the business since the management buyout in 2014.”
Aerotask MD, Rob Watts, comments “This exciting new chapter as part of the ACC Aviation Group provides a foundation upon which to accelerate the growth of our business. We look forward to working with Phil, his team and YFM as we realise the full value of joining this truly global organisation.”
ACC Aviation Group has also been ranked as 127th in the 10th annual Sunday Times HSBC International Track 200. Phil Mathews, CEO, commented: “This is a fantastic achievement and a testament to the hard work of everyone at ACC. We have opened new offices in Asia and North America in the last 12 months as we continue the expansion of our global footprint” Jamie Roberts, who led the investment for YFM and sits on the ACC board commented: “The ACC team have done a great job since we invested four years ago and we look forward to supporting the team to deliver their ambitious growth plans.”