NEWPORT BEACH, Calif., Jan. 23, 2019 /PRNewswire/ -- JW Hill Capital announced today its support of digEcor, based in Brisbane, Australia, in the acquisition of the commercial In-Flight Entertainment (IFE) business from Collins Aerospace. That business originated with Rockwell Collins, which was acquired by United Technologies in 2018.
This acquisition brings together 50 years of experience and innovation in IFE—starting with Hughes Avicom and Sony Transcom, then Rockwell Collins and digEcor—into a new global business named Burrana.
Burrana's product breadth includes Rockwell Collins' PAVES™ family of seat back and overhead solutions, PAVES™ On-demand, Total Entertainment System (TES), Enhanced Total Entertainment System (ETES) and content services, as well as digEcor's GLIDE, Engage, Power, PSS and Lighting products. The combined business will offer best-of-breed solutions for airlines seeking to deliver an extraordinary passenger experience.
David Withers, Burrana's CEO, said, "Burrana's global employee base will deliver innovative cabin technologies reliably and affordably to the market, serving an installed base of more than 1,400 planes and 300 customers, positioning us as the #3 player in the IFE market – and we are not stopping there. We will achieve our vision of taking the passenger experience to the next level by collectively bringing the right new technology to market and leveraging our engineering expertise and proven ability to rapidly develop and certify new products. We pride ourselves on listening to our customers, understanding their vision and requirements and developing new solutions to deliver on these needs."
"We are pleased to partner with JW Hill Capital as we embark on this new journey," stated Withers. "Their deep industry experience and track record of successfully managing business transitions will be invaluable to us as we move forward."
"We are excited to support Mr. Withers and the Burrana team in achieving their vision," said John Hill, Managing Partner, JW Hill Capital.
Financial terms of the transaction were not disclosed.
About JW Hill Capital
Based in Newport Beach, California, JW Hill Capital is a private equity firm focused on manufacturing, value-add distribution, and industrial services. Its specialty is manufacturers of highly engineered systems, products, or components serving regulated markets such as aerospace, defense, medical device, nuclear, etc. More information can be found at www.jwhill.com.
John Hill, Managing Partner, JW Hill Capital
SOURCE JW Hill Capital