Argo Aviation

Specialist staffing service for the aviation industry

Originally founded in 1988 in Germany, Argo Aviation operates a specialist international staffing service to the aviation industry. The group operates in three areas: subcontract & permanent recruitment, fixed price/engineering support, part 145 support. 2/3 of all airline operators in Germany are customers of Argo.

The company has more than 480 employees across more than 31 locations of which 27 are in Germany.

Balmung Capital participated in the EUR 650,000 debt financing in 2019.

Summary
Investment date: 2020
Total capital commitment: EUR 650,000
Status: current