Carpenter Avionics, Inc. Acquisition Signals New Chapter | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Tue, Dec 02, 2014

Carpenter Avionics, Inc. Acquisition Signals New Chapter

Vanderbilt Alum Returns To Nashville To Lead Company

Momentum Aviation Holdings, Inc. has acquired Carpenter Avionics, Inc., an award-winning, privately held aviation services company based in the Nashville area.

Carpenter is an authorized FAA Repair Station that sells, installs and maintains avionics systems for general aviation aircraft, including business jets, twin turboprops and single-engine piston airplanes. Carpenter has served customers across the country and internationally for more than 33 years. “After an extensive nationwide search, we concluded that Carpenter Avionics would be the ideal foundation upon which to build and grow our business and serve customers,” said Mark Lee, President of Momentum Aviation Holdings. “I am elated with the opportunity to return to Nashville and begin
working with this talented team. We will combine Carpenter’s sterling reputation and proven practices with new innovation to continue to be the aircraft service center customers trust for years to come.”

John DenDekker, an effective and experienced avionics leader, who has served as Carpenter’s General Manager since 2011, will continue in that role and now will report to Lee. “In life, a time comes when it feels appropriate to transition your business to the next generation,” said Fran Carpenter, who has served as CEO and President at Carpenter Avionics since 2010. “I am confident that with this new leadership team’s experience and vision, Carpenter Avionics will thrive and grow.”

Momentum acquired 100% of Carpenter Avionics’ shares in this stock purchase. Other terms of the transaction were not released.

(Pictured: Carpenter Avionics Senior Leadership (left to right): John DenDekker, General Manager; Fran Carpenter, former CEO and President; and Mark Lee, new President and Owner following acquisition)

FMI: www.carpenteravionics.com/

Advertisement

More News

Bolen Gives Congress a Rare Thumbs-Up

Aviation Governance Secured...At Least For a While The National Business Aviation Association similarly applauded the passage of the FAA's recent reauthorization, contentedly recou>[...]

The SportPlane Resource Guide RETURNS!!!!

Emphasis On Growing The Future of Aviation Through Concentration on 'AFFORDABLE FLYERS' It's been a number of years since the Latest Edition of Jim Campbell's HUGE SportPlane Resou>[...]

Buying Sprees Continue: Textron eAviation Takes On Amazilia Aerospace

Amazilia Aerospace GmbH, Develops Digital Flight Control, Flight Guidance And Vehicle Management Systems Textron eAviation has acquired substantially all the assets of Amazilia Aer>[...]

Hawker 4000 Bizjets Gain Nav System, Data Link STC

Honeywell's Primus Brings New Tools and Niceties for Hawker Operators Hawker 4000 business jet operators have a new installation on the table, now that the FAA has granted an STC f>[...]

Echodyne Gets BVLOS Waiver for AiRanger Aircraft

Company Celebrates Niche-but-Important Advancement in Industry Standards Echodyne has announced full integration of its proprietary 'EchoFlight' radar into the e American Aerospace>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC