Ireland’s leading and one of the largest flight simulation and pilot training businesses in the EU
Simtech Aviation is a European leader in the provision of flight training services to airlines and pilots. Founded in 2001 by Capt. Sé Pardy and Fergal Keogh, Simtech Aviation is based in its own state-of-the-art, purpose-built flight simulator training facility located adjacent to Dublin Airport. The business delivers a range of simulator-based and classroom-based training to some of the world’s leading airlines and is Europe’s largest provider of simulator training to cadet pilots.
In 2016, Renatus, in partnership with aviation sector specialist Martello Group, completed a Management Buy-In of the business from its co-founders.
Renatus offered a succession solution to retiring co-founder Fergal Keogh and also allowed the other co-founder Capt. Sé Pardy to sell down some of his shareholding and remain actively involved in the business and a key driver during Simtech’s next phase of strategic growth.
Renatus sourced the Martello Group, a global group of airline entrepreneurs, to co-invest in Simtech. Martello’s deep knowledge and connections in the aviation sector have been crucial in unlocking opportunities for the business.
Partnering with the Martello Group, Renatus assisted in the sourcing and appointment of a world-class CEO and Commercial Director in Simtech. During this process, Renatus team member Philip Gardiner acted as interim CEO of the company and grew turnover and profitability during his tenure.
Through its investor networks, Renatus and Martello have enabled Simtech access to into new markets and revenue opportunities not previously available to the business.
Renatus provided the capital required to expand the simulator fleet in Simtech. This investment has enabled the business to double its student training capacity, offer new and innovative course and training solutions to the market and expand its customer base significantly. Further investment will be made to both expand the Dublin facility and establish the business in international locations.
WHAT OUR PARTNERS SAY
“Renatus delivered what they said from the outset. We went with them despite someone else bidding slightly higher due to what they were bringing to the table. They are very hands-on in a supportive way and know when to bring in extra external expertise to try and maximise the potential of this business. It is great for me as a founder and continuing partner to see this business being brought to a place where it can realise its potential to be a truly global force”
Sé Pardy, Simtech vendor and continuing shareholder and executive