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Unifi Aviation Acquires Up & Away, Expands To The Uk Aviation Market

Jul 11, 2023•about 2 years ago

Acquiring Company

Unifi

Acquired Company

Up & Away

GreensboroManufacturing

Description

Unifi Aviation, the global aviation services business of the Argenbright Group, acquires Up & Away, one of the UK's leading aircraft services and private jet detailing businesses. Up & Away provides key aviation services, including cabin cleaning, de-icing, private jet detailing, technical cleaning, and other adjacent aviation services. It counts marquee UK and European airlines and global VIPs/dignitaries among its clientele.

Company Information

Company

Unifi

Location

Greensboro, North Carolina, United States

About

UNIFI, Inc. is the maker of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns. The company is implementing a new Profitability Improvement Plan, focused on reducing costs, streamlining operations, and investing in innovation.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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