Oliver Wyman Deepens Aviation and Aerospace Expertise with Acquisition of TeamSAI
Adding to its existing aviation and aerospace technical advisory expertise, international consulting firm Oliver Wyman has acquired TeamSAI, a US-based leader in the maintenance, repair, and overhaul (MRO) space.
Atlanta-based TeamSAI provides consulting and technical services to the global aviation and aerospace industry with a specialization in maintenance advisory, supply chain, certification and compliance, and technical support services. Along with consulting, TeamSAI provides a full service, turnkey technical service offering known as M&E Solutions that supports various carriers under multi-year agreements. The company also produces the industry-leading Global Fleet & MRO Market Forecast Commentary report and related betterinsight™ data products by leveraging its proprietary database, a key intellectual asset.
The group will integrate into CAVOK, Oliver Wyman’s aviation technical services and consulting practice. The combined entity creates a deep source of expertise with over 130 dedicated, full-time specialists who assist airlines, MRO providers, lessors and other aviation and aerospace stakeholders with mission-critical issues surrounding certification, safety, and performance and execution support for technical operations. The terms of the transaction were not disclosed.
“This acquisition brings together two of the largest and most capable technical advisory firms in aviation and further demonstrates our joint commitment to being at the forefront of the industry,” says CAVOK’s General Manager Greg Colgan.
Chris Doan, TeamSAI’s CEO, adds, “Joining CAVOK and Oliver Wyman’s Transportation Practice allows us to scale up our consulting, advisory and technical services in a differentiated way and offer our clients a slate of new and valuable offerings.”
“TeamSAI has a strong presence in the marketplace and complementary MRO expertise which will deepen and expand our offering set at CAVOK and further reinforce our position in the industry. We are eager to share our strength and capability with the industry,” says Roger Lehman, Oliver Wyman’s Transportation Practice Leader.
TeamSAI, Inc. is a leading technical support services, strategic consulting, and MRO forecasting firm specializing in the commercial and business aviation operations and maintenance market. TeamSAI executes an aviation-centered vision of supporting the industry across airlines, airports, manufacturers, MROs, VIP completions and corporate/fractional operations with unique and customized solutions addressing the industry’s most challenging problems. For more information, visit: http://teamsai.com/.
CAVOK is an aviation services and consulting firm that supports certification, safety and operational initiatives for clients worldwide. Their deep industry expertise, collaborative approach, and proprietary tools help clients adhere to the latest safety standards, manage regulatory requirements, and improve process design and efficiency to properly manage operational risk components and enable significant economic benefit. Founded in 1996, CAVOK was acquired by Oliver Wyman in 2007 and draws on the consulting firm’s strategic and operational expertise in aviation and aerospace. By combining CAVOK’s operational expertise with Oliver Wyman’s management consulting experience, clients gain access to a unique depth and breadth of experience, tools, and acumen. Clients include air carriers, maintenance, repair, and overhaul (MRO) facilities, regulatory bodies, manufacturers and financiers. www.cavokgroup.com
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across nearly 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 4,700 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.