International Aerospace Coatings

What International Aerospace Coatings does

International Aerospace Coatings (IAC) is the largest independent aircraft painting company in the world and a vertically integrated provider of aviation finishing and technical services. The company operates 25 purpose-built, climate-controlled paint hangars across 11 sites in the United States and Europe (Irvine, California; Shannon, Ireland as European HQ; plus Fort Worth, Amarillo, Victorville, Spokane, Everett, Portland, Dublin, Ostrava, Teruel, and Malta), with over 650,000 sq. ft. of capacity for 28 lines of aircraft expanding to 33. IAC processes more than 800 paint events and 800+ aviation services projects per year for OEMs (notably Boeing), major commercial airlines (Southwest, Alaska, United, Delta, Qantas, Aer Lingus, British Airways, SWISS, Hawaiian, Brussels), air cargo carriers (Amazon Prime Air, Cargo Logic Air), government agencies (US Forest Service, US Coast Guard), and aircraft lessors (SMBC Aviation Capital, GECAS).

IAC's service offering spans core aircraft exterior painting (including proprietary Base Coat/Clearcoat technology certified by Akzo Nobel, PPG Aerospace, and Mankiewicz, delivering up to 165kg weight savings on A320s and faster turnaround times) plus an integrated suite of aviation technical services delivered through its Eirtech Aviation Services division and parallel modules: EASA Part 21J Design Organisation engineering, EASA Part 21G Production Organisation manufacturing, EASA Part-CAMO/Part-M continuing airworthiness management, EASA 145 C6 interior refurbishment, graphics, aircraft parts painting, and turnkey materials procurement and logistics. The company holds AS9100D, ISO 9001:2015, ISO 14001, and FAR Part 145 Repair Station certifications across multiple facilities.

IAC makes money primarily through transactional aircraft painting services (per-event fees for exterior painting, repainting, and special liveries), supplemented by professional services revenue from engineering, CAMO, and production work, and managed services revenue from materials procurement. Distribution is via direct enterprise field sales to long-term contracts with airlines, OEMs, lessors, cargo operators, and government entities, supported by on-airport operations at major aviation hubs under long-term airport concessions (e.g., 40-year concession at Teruel, Spain). The company was most recently acquired by H.I.G. Capital in May 2026, with Fortress Investment Group providing a first-lien term loan, following Tiger Infrastructure Partners' ownership from December 2022, during which IAC expanded from 17 to 25 hangars and completed its inaugural $240M+ investment-grade private placement note issuance in June 2025.

Name

International Aerospace Coatings

Legal name

International Aerospace Coatings

Website

https://iac.aero

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

International Aerospace Coatings is the world's largest independent aircraft painting company, operating 25 climate-controlled hangars across 11 US and European sites, delivering 800+ annual paint events and integrated aviation services to OEMs, airlines, lessors, cargo carriers, and government customers.

Ownership category

akta.pro rank

Product category

Aerospace MRO and Aircraft Painting Services

NAICS

Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers (332812), Aerospace Product and Parts Manufacturing (33641), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)

SIC

Coating, Engraving & Allied Services (3470), Aircraft Parts & Auxiliary Equipment, Nec (3728), Aircraft & Parts (3720)

akta.pro primary industry

Aircraft Painting & Surface Treatment (IMABALAI)

akta.pro secondary industries

Aircraft Painting, Stripping & Exterior Finishing (TLAKAJAH), Aerospace Interior Materials & Components (Cabin) (IMABANAI)

Keywords

• Aircraft painting services
• Aviation MRO services
• Aerospace coatings
• Aircraft refinishing
• Aircraft livery design

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Aircraft Painting Services: Primary revenue stream from aircraft painting services including exterior painting, repainting, and liveries for OEMs, airlines, leasing companies, and cargo carriers.
2. Aviation Technical Services: Technical services including engineering (Part 21J), CAMO, and production (Part 21G) services through Eirtech Aviation Services division.
3. Materials Procurement: Turnkey materials procurement and management service supplying parts from OEMs and trusted vendors with logistics and shipping coordination.
4. Graphics and Interiors: Custom aviation graphics for aircraft exteriors and interiors, plus aircraft interior refurbishment services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

International Aerospace Coatings is the world's largest independent aircraft painting company, delivering full-aircraft exterior painting, repainting and complex livery application through 25 climate-controlled hangars across 11 sites in the US and Europe. Its offering extends beyond painting to include EASA-approved engineering (Part 21J), continuing airworthiness management (CAMO), production (Part 21G), aircraft interior refurbishment, custom graphics, aircraft parts painting, technical personnel support, and turnkey materials procurement through its Eirtech Aviation Services division. The company primarily serves aircraft OEMs, commercial airlines, aircraft lessors, cargo carriers, government agencies and VIP operators.

Product overview

International Aerospace Coatings (IAC) is a global leader in aircraft painting and aviation services operating as a unified platform offering comprehensive aircraft finishing solutions. The core offering centers on aircraft painting services with over 650,000 sq. ft. of climate-controlled hangars across 10+ facilities in the USA and Europe, capable of handling 800+ paint events per year. This core painting platform is augmented by supporting modules including Engineering (Part 21J Design Organisation), CAMO (Continuing Airworthiness Management), Production (Part 21G), Technical Services, Aircraft Parts Painting, Graphics, Interiors, and Materials procurement. The Eirtech Aviation Services (EAS) division provides supplementary engineering and compliance services. Together, this integrated service ecosystem serves OEMs, commercial airlines, leasing companies, air cargo carriers, governments, and VIP operators across commercial, military, and general aviation segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Painting Services Aircraft exterior painting, repainting, base coat/clear coat systems, and special liveries delivered across 650,000+ sq. ft. of climate-controlled paint hangars globally. Services commercial, military, VIP, OEM and cargo customers with capacity for narrow body and wide body aircraft.
• Engineering – Part 21J EASA approved Part 21J Design Organisation (DOA) providing engineering design services for aircraft modifications and compliance documentation.
• CAMO (Continuing Airworthiness Management Organisation) EASA Part-CAMO and Part-M Subpart I approved organisation providing continuing airworthiness management services to ensure regulatory compliance for aircraft operators.
• Production – Part 21G EASA Part 21G approved Production Organisation (POA) providing aircraft parts manufacturing and production services.
• Technical Services Pool of global expert technical personnel available to support customers with technical requirements and aircraft maintenance needs across multiple jurisdictions.
• Aircraft Parts Painting Specialized painting services for individual aircraft components and parts beyond full aircraft painting, serving aerospace OEMs and MRO customers.
• Graphics Design and supply of high-quality graphics for aircraft exteriors and interiors, including decals, liveries, and custom branding solutions for airline and corporate customers.
• Interiors State-of-the-art interiors workshops EASA 145 C6 approved, providing aircraft interior refurbishment and cabin reconfiguration services to commercial and VIP operators.
• Materials Procurement and Management Turnkey materials procurement and management service supplying parts from OEMs and trusted vendors with total logistical solutions, quick turnaround times, and quality performance for individual material requirements and modification programmes.
• Eirtech Aviation Services (EAS) Division providing engineering services and asset management solutions to help customers ensure regulatory compliance, including POA production services, avionics workshop, and wire harness manufacturing.

Quantifiable outcome

• Processes over 800 paint events and 800+ aviation services projects per year
• +4 more outcomes

Named customers20 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Eirtech Aviation ServicescoreStrategic or Co-development PartnerEirtech Aviation Services is IAC's sister company and division providing engineering services and asset management solutions. Together, IAC and Eirtech service a wide range of airlines, OEMs, and aviation customers globally. Eirtech provides Part 21J design, Part 21G production, and CAMO services.
• BoeingcoreStrategic or Co-development PartnerIAC was awarded a long-term contract to operate both Boeing widebody paint facilities in Portland, Oregon, expanding a long-standing business relationship. IAC works with Boeing on various aircraft painting projects including 787 Dreamliner fleet.
• HAECO AmericascoreStrategic or Co-development PartnerIAC signed a three-year agreement with HAECO Americas to sublease Hangar 9 of HAECO's Lake City, Florida facility. This co-location arrangement allows IAC to offer full painting capability within HAECO's facility, providing complementary services and an East Coast solution for customers.
• TARMAC AerosaveminorStrategic or Co-development PartnerIAC signed a GTA (General Terms Agreement) with TARMAC Aerosave for aircraft storage and preservation services, expanding its service capabilities for customers.
• INDIS MaltacoreStrategic or Co-development PartnerIAC entered a long-term lease over widebody and narrowbody hangars at Safi Aviation Park (SAP) in Malta. SAP is managed by INDIS within the perimeter of Malta International Airport. The Government of Malta, INDIS and Malta Enterprise supported this expansion.

Scale indicators9 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• MAUS Aviation: European-based independent aircraft painting and interior refurbishment specialist with multiple hangar locations. Directly competes with IAC in narrowbody and widebody commercial repainting, particularly across EU carriers.
• Flightstar Aircraft Services: Independent US-based aircraft painting, interior, and MRO services provider with facilities at several US airports. Closest North American competitor to IAC in airline and OEM painting, competing for the same narrowbody repaint market.

Broad incumbents

• HAECO Americas: Major broad-line airframe MRO provider with whom IAC has a strategic Hangar 9 sublease agreement in Lake City, Florida. Overlaps with IAC on aircraft painting and interior services as part of a much wider MRO portfolio.
• SR Technics: Large independent European-based MRO provider offering painting, interior, and component services as part of a full-service MRO suite. Competes with IAC for airline repaint contracts while serving a broader maintenance scope.
• Lufthansa Technik: One of the world's largest MRO providers with captive painting and interior capabilities for the Lufthansa group and third-party airlines. Represents a powerful in-house competitor and a customer overlap in Europe.

Emerging players

• AerFin: Specialist in used aircraft trading, lease returns, and end-of-lease transitions including paint and interior refurbishment. Competes with IAC on the aircraft lessor segment, particularly around lease redelivery repaints.
• FL Technics: Fast-growing European line maintenance and component MRO provider expanding into painting and base maintenance services. An emerging peer particularly relevant for narrowbody repaints in Eastern Europe, where IAC also operates (Ostrava).
• Magnetic MRO: Baltic-based integrated MRO with growing painting and line maintenance capabilities serving European operators. Comparable to IAC's narrower facility footprint and competes for regional carrier repaints.

Regional players

• TARMAC Aerosave: European aircraft storage, preservation, and transition services company with which IAC has a General Terms Agreement. Overlaps with IAC on parking, storage, and aircraft repainting adjacent to lease transitions.

Others

• AkzoNobel Aerospace Coatings: Major supplier of aerospace paints and coatings (including Base Coat/Clearcoat systems used by IAC). While not a direct service competitor, it is an enabling ecosystem partner and is comparable as a key aircraft painting supply chain participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IACLimited
• Xx.com/iac_ltd

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Aerospace Coatings