Benchmark International successfully facilitated the acquisition of Litson Group. Watch as founder Mike Litson shares his experience selling his company with Benchmark International.
The Litson Group, consisting of Litson & Associates and Litson & Associates Risk Management Services (Litson), is a specialist aviation safety advisory business whose offering includes safety reviews of airlines and charter aircraft operators. Its offering also includes aircraft, airfield and helideck inspections, aviation personnel training programmes, and a suite of proprietary software products dealing with safety and operations management, audit reporting, online training, and tender management.
The ultimate acquiring group also operates in the aviation sector. With many synergies between the two companies, Litson’s software development branch of the company was of particular interest to the buyer.
Overall, Mr. Litson summed up the process of working with Benchmark International:
“From the first contact with Benchmark they made us feel very welcome, and explained the process how they go about things, and importantly for us their global database. Benchmark was the first company that we spoke to about this, and we got a warm and fuzzy feeling, and we walked down the road with it – if we didn’t get that warm and fuzzy feeling about Benchmark, we would have looked around, but we didn’t. We were very comfortable with our choice.”
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.