Trending...
- South Spokane Burglary Suspect Quickly Taken Into Custody; Suspect Found Sitting in a Chair When Officers Arrived
- City of Spokane Warns of Email Scam Posing as Planning Department, Development Services Center
- UK Financial Ltd Board of Directors Establishes Official News Distribution Framework and Issues Governance Decision on Official Telegram Channels
L2 Aviation achieves the next stage in its rapid strategic growth journey with key investment from Argentum.
AUSTIN, Texas - Washingtoner -- L2 Aviation, a leading provider of global avionics services including engineering, certification, installation, fleet modernization, and manufacturing, announced today that it has received a strategic growth investment from Argentum, a founder-friendly growth equity firm that has helped B2B services and software companies accelerate organic growth and execute buy-and-build strategies for over 30 years. The investment will enable L2 Aviation to expand production capacity, broaden its capabilities, and pursue strategic acquisitions, to support growing demand for its solutions.
By leveraging its extensive intellectual property and expertise, L2 Aviation delivers engineering designs, supplemental type certificates (STCs), assemblies, subsystems, and turnkey integration kits that solve the highly complex technical and regulatory certification challenges of aftermarket avionics system modifications, installations, and upgrades. L2 Aviation helps many of the world's leading OEMs, MROs, airlines, operators, satellite and communications service providers shorten the time to market for new products, minimize aircraft downtime, adapt to evolving technologies, comply with regulations, and maintain the value, airworthiness, and mission-readiness of their fleets.
"As our valued customers and strategic partners have entrusted us with their mission-critical avionics needs, it's our responsibility to scale L2 Aviation's operations and technical capabilities to support their rapid growth," said Mark Lebovitz, Founder and CEO of L2 Aviation. "Argentum's minority growth equity investment will enable L2 Aviation to accomplish this mission by adding production capacity and broadening our solutions, through organic initiatives and acquisitions. With their founder-friendly track-record, hands-on approach to helping bootstrapped businesses execute buy-and-build strategies, and extensive experience backing other providers of services and software to the aviation industry, we feel that Argentum is the ideal partner for L2 Aviation's next phase of growth."
More on Washingtoner
"Mark and his team have built L2 Aviation into a proven leader and key player in the avionics and aftermarket ecosystem, with a marquee client roster, stellar market reputation, highly respected team possessing deep industry experience, and long history of impressive capital efficient growth," said Daniel Raynor, Cofounder and Managing Partner of Argentum, who will join L2 Aviation's Board of Directors in connection with the investment. "L2 Aviation is at an attractive inflection point with increasing momentum, a growing backlog and pipeline, and strong industry tailwinds."
Chris Leong, Partner at Argentum added, "We're looking forward to partnering with Mark and his team to expand L2 Aviation's production capacity and capabilities, originate and execute acquisitions and strategic initiatives, and accelerate the company's growth. We believe L2 Aviation is well-positioned to capitalize on the exciting opportunities in the aviation aftermarket that are being driven by the aging fleet of aircraft, record air traffic volumes, and increasing demand for next-generation avionics to support data-driven connected aircraft applications and use-cases."
About L2 Aviation
L2 Aviation is a leading provider of global avionics and aircraft modification support services including engineering, system design, repair, certification, fleet modernization, kitting and installation for many of the world's leading Original Equipment Manufacturers (OEMs), airlines, governments, militaries, satellite and communications services providers, and business aviation operators. L2 Aviation specializes in complex avionics certified designs, supplemental type certificates (STCs), integrated solutions and remote installations focused on reducing downtime, mitigating crew workloads, and maintaining the value, airworthiness, and mission-readiness of fleets. L2 Aviation makes great airplanes BETTER! Learn more at www.l2aviation.com.
More on Washingtoner
About Argentum
Argentum is a New York-based growth equity firm that helps scale bootstrapped and capital-efficient B2B software, technology-enabled and business services companies. The firm provides capital to accelerate growth, fund acquisitions / buy-and-build strategies, and / or generate shareholder liquidity, and plays an active role originating add-on acquisitions, partnerships, and other strategic value creation initiatives for its portfolio companies. Over its 30+ year history, Argentum has invested in over 100 companies, supported more than 200 add-on acquisitions, been named to Inc's list of Top Founder Friendly Investors for multiple years, and received the U.S. SBA's SBIC of the Year award. Learn more at www.argentumgroup.com.
By leveraging its extensive intellectual property and expertise, L2 Aviation delivers engineering designs, supplemental type certificates (STCs), assemblies, subsystems, and turnkey integration kits that solve the highly complex technical and regulatory certification challenges of aftermarket avionics system modifications, installations, and upgrades. L2 Aviation helps many of the world's leading OEMs, MROs, airlines, operators, satellite and communications service providers shorten the time to market for new products, minimize aircraft downtime, adapt to evolving technologies, comply with regulations, and maintain the value, airworthiness, and mission-readiness of their fleets.
"As our valued customers and strategic partners have entrusted us with their mission-critical avionics needs, it's our responsibility to scale L2 Aviation's operations and technical capabilities to support their rapid growth," said Mark Lebovitz, Founder and CEO of L2 Aviation. "Argentum's minority growth equity investment will enable L2 Aviation to accomplish this mission by adding production capacity and broadening our solutions, through organic initiatives and acquisitions. With their founder-friendly track-record, hands-on approach to helping bootstrapped businesses execute buy-and-build strategies, and extensive experience backing other providers of services and software to the aviation industry, we feel that Argentum is the ideal partner for L2 Aviation's next phase of growth."
More on Washingtoner
- Beycome Closes $2.5M Seed Round Led by InsurTech Fund
- City of Vancouver Delaying Haven Treatment Center Facility's Certificate of Occupancy
- City of Spokane, Spokane County, Spokane Regional Emergency Communications Approve Interlocal Agreement to Support Safe, Coordinated Transition of Emergency Communication Services
- Tru by Hilton Columbia South Opens to Guests
- Christy Sports donates $56K in new gear to SOS Outreach to help kids hit the slopes
"Mark and his team have built L2 Aviation into a proven leader and key player in the avionics and aftermarket ecosystem, with a marquee client roster, stellar market reputation, highly respected team possessing deep industry experience, and long history of impressive capital efficient growth," said Daniel Raynor, Cofounder and Managing Partner of Argentum, who will join L2 Aviation's Board of Directors in connection with the investment. "L2 Aviation is at an attractive inflection point with increasing momentum, a growing backlog and pipeline, and strong industry tailwinds."
Chris Leong, Partner at Argentum added, "We're looking forward to partnering with Mark and his team to expand L2 Aviation's production capacity and capabilities, originate and execute acquisitions and strategic initiatives, and accelerate the company's growth. We believe L2 Aviation is well-positioned to capitalize on the exciting opportunities in the aviation aftermarket that are being driven by the aging fleet of aircraft, record air traffic volumes, and increasing demand for next-generation avionics to support data-driven connected aircraft applications and use-cases."
About L2 Aviation
L2 Aviation is a leading provider of global avionics and aircraft modification support services including engineering, system design, repair, certification, fleet modernization, kitting and installation for many of the world's leading Original Equipment Manufacturers (OEMs), airlines, governments, militaries, satellite and communications services providers, and business aviation operators. L2 Aviation specializes in complex avionics certified designs, supplemental type certificates (STCs), integrated solutions and remote installations focused on reducing downtime, mitigating crew workloads, and maintaining the value, airworthiness, and mission-readiness of fleets. L2 Aviation makes great airplanes BETTER! Learn more at www.l2aviation.com.
More on Washingtoner
- "BigPirate" Sets Sail: A New Narrative-Driven Social Casino Adventure
- Phinge CEO Ranked #1 Globally by Crunchbase for the Last Week, Will Be in Las Vegas Jan. 4-9, the Week of CES to Discuss Netverse & IPO Coming in 2026
- Plainsight Announces Jonathan Simkins as New CEO, Succeeding Kit Merker
- Women's Everyday Safety Is Changing - The Blue Luna Shows How
- Microgaming Unveils Red Papaya: A New Studio Delivering Cutting-Edge, Feature-Rich Slots
About Argentum
Argentum is a New York-based growth equity firm that helps scale bootstrapped and capital-efficient B2B software, technology-enabled and business services companies. The firm provides capital to accelerate growth, fund acquisitions / buy-and-build strategies, and / or generate shareholder liquidity, and plays an active role originating add-on acquisitions, partnerships, and other strategic value creation initiatives for its portfolio companies. Over its 30+ year history, Argentum has invested in over 100 companies, supported more than 200 add-on acquisitions, been named to Inc's list of Top Founder Friendly Investors for multiple years, and received the U.S. SBA's SBIC of the Year award. Learn more at www.argentumgroup.com.
Source: L2 Aviation
0 Comments
Latest on Washingtoner
- City of Spokane Prepared for Forecasted Winds
- A New Soul Album: Heart Of Kwanzaa, 7-Day Celebration
- Allegiant Management Group Named 2025 Market Leader in Orlando by PropertyManagement.com
- NAFMNP Awarded USDA Cooperative Agreement to Continue MarketLink Program Under FFAB
- Costa Oil - 10 Minute Oil Change Surpasses 70 Locations with Construction of San Antonio, TX Stores — Eyes Growth Via Acquisition or Being Acquired
- LaTerra and Respark Under Contract with AIMCO to Acquire a $455M, 7-Property Chicago Multifamily Portfolio
- Record Revenue, Tax Tailwinds, and AI-Driven Scale: Why Off The Hook YS Inc. Is Emerging as a Standout in the $57 Billion U.S. Marine Market
- VSee Health (N A S D A Q: VSEE) Secures $6.0M At-Market Investment, Accelerates Expansion as Revenues Surge
- Children Rising Appoints Marshelle A. Wilburn as New Executive Director
- Fairmint CEO Joris Delanoue Elected General Director of the Canton Foundation
- Sleep Basil Mattress Co.'s Debuts New Home Page Showcasing Performance Sleep Solutions for Active Denver Lifestyles
- Bent Danholm Joins The American Dream TV as Central Florida Host
- The Nature of Miracles Celebrates 20th Anniversary Third Edition Published by DreamMakers Enterprises LLC
- Artificial Intelligence Leader Releases Children's Book on Veterans Day
- Felicia Allen Hits #1 Posthumously with "Christmas Means Worship"
- CCHR Documentary Probes Growing Evidence Linking Psychiatric Drugs to Violence
- Tokenized Real-World Assets: Iguabit Brings Institutional Investment Opportunities to Brazil
- MEX Finance meluncurkan platform keuangan berbasis riset yang berfokus pada data, logika, dan efisiensi pengambilan keputusan investasi
- From MelaMed Wellness to Calmly Rooted: A New Chapter in Functional Wellness
- New Angles US Group Founder Alexander Harrington Receives Top U.S. Corporate Training Honor and Leads Asia-Pacific Engagements in Taiwan
