Grant Thornton advises 2Excel (Holdings) Ltd

2Excel is an innovative aviation and aerospace services business working across defence and security, engineering and disaster response. The 500+ Company combines the ability to design, build, test and certify aircraft with the highly skilled aircrew, engineers and scientists to deliver nationally-critical contract-air services and exploit remotely-sensed data to provide valuable, actionable insights. 

Following a remarkable period of growth that resulted in 2Excel doubling its size in just three years, the company was perfectly positioned to deliver on its recently won long-term contracts and take advantage of a clear runway of opportunities ahead. As a result, the business embarked on a search for a financial partner who could provide the necessary support for this exciting next phase of growth, including international expansion.

Having supported the company in 2018 with the sale to its employees and subsequent re-finance in 2018 and 2021, we understood the intricacies of this highly specialised business and was chosen as the trusted advisor to deliver a transaction that achieved all the stakeholders' objectives. 

We executed a cross-service-line process, leveraging multiple specialist teams to deliver one seamless solution. This ultimately culminated in a competitive process, where multiple strategic options were explored, and the identification of a strategic partner to support the continued growth trajectory of 2Excel.