Trivest Partners (“Trivest”) has announced it has appointed Candido Sosa as Chief Executive Officer at Aerospace Resource Group, LLC (“ARG” or “the company”) to drive the next stage of the company´s growth and development, the company said.
ARG, a portfolio company of Trivest Growth Investment Fund (“TGIF”) is a, full-service aftermarket maintenance, repair and overhaul (“MRO”) provider for the aerospace industry. TGIF is now the sole owner of ARG after acquiring the remaining interest of company founder Juan Menadier, who is no longer involved with the business.
ARG, based in Miami, Florida with additional operations in Chile, provides MRO services and parts supply for aftermarket commercial, cargo and military aircraft. With over 60 employees, ARG´s services cover a broad aerospace spectrum, including aircraft components, structures and interiors. In addition, the company provides on-wing assistance through worldwide parts supply. For more information, visit www.arg1.net.
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed over 250 transactions, totaling nearly USD 6.0 billion in value. For additional information, visit www.trivest.com.