Deloitte Corporate Finance acted as the exclusive financial advisor to AirBorn, a Georgetown, TX-based employee stock ownership plan (ESOP) manufacturing firm that specializes in the creation of mission-critical electronic components, in its recapitalization with LBC Credit Partners and Wells Fargo Capital Finance. The transaction closed September 17, 2018.

“We could not be more pleased with the outcomes for AirBorn and our employee shareholder-base,” said Cindy Lewis, CEO of AirBorn, Inc. “Deloitte has been a trusted advisor for many years and they were instrumental in guiding us through this transaction. Their knowledge of our industry and the intricacies of ESOP corporate structures and relationships in the lending community were critical factors leading to this recapitalization. They positioned our leadership team for success in all steps of the process and worked tirelessly to enable AirBorn achieved a great result.”

“Combining AirBorn’s reputation for providing high quality, mission-critical electronic components and strong track record of growth with our capital advisory experience contributed to AirBorn achieving its financing objectives,” said John Deering, managing director, Deloitte Corporate Finance LLC and head of DCF’s private capital solutions practice.