This article is based on an official press release from Colliers.

Leading diversified professional services and investment management company Colliers has announced that the U.S. division of its Engineering segment has entered into a definitive agreement to partner with Frankfurt-Short-Bruza Associates P.C. (FSB). The transaction, which was officially announced on May 12, 2026, is expected to close in the second quarter of the year.

The strategic partnership is designed to establish a national aviation practice for Colliers Engineering & Design while significantly expanding the firm’s capabilities across the federal, mission-critical, and Native American sectors. Under the unique partnership model utilized by Colliers, senior leadership at FSB will become significant shareholders in Colliers Engineering, ensuring continuity and shared long-term goals.

While the specific financial terms of the transaction were not disclosed in the company’s press release, Black Iron Advisers, LLC acted as the exclusive financial advisor to FSB during the process.

Expanding Aviation and Federal Capabilities

Founded in 1945 and headquartered in Oklahoma City, FSB is a multidisciplinary engineering and design firm. According to the official release, the company employs over 140 professionals across five offices, offering mechanical, electrical, and plumbing (MEP) engineering, alongside structural engineering and architectural services.

FSB has cultivated a national reputation as a premier leader in aviation facility design. The firm brings a robust portfolio to Colliers, boasting over $4.7 billion in federal and commercial aircraft hangar projects.

Overcoming High Barriers to Entry

The aviation facility design market is notoriously difficult to penetrate. Industry research highlights that designing hangars, maintenance facilities, and cargo buildings requires highly specialized engineering. These projects demand clear-span structural systems, specialized fire suppression technologies such as high-expansion foam, complex floor markings for aircraft safety, and strict adherence to Federal Aviation Administration (FAA) and military regulations.

By partnering with FSB, Colliers effectively bypasses the years of relationship-building and specialized portfolio development typically required to win lucrative federal and commercial aviation contracts.

“FSB has built an exceptional reputation delivering complex aviation, federal, and mission‑critical projects. Their design‑led culture, deep engineering expertise, and established client relationships are a perfect fit for our organization.”

Capitalizing on the Mission-Critical and Data Center Boom

Beyond aviation, the transaction provides Colliers Engineering with a significant opportunity to capitalize on the historic demand for data center projects. The press release explicitly notes FSB’s focus on mission-critical markets as a key driver for the partnership.

Market data provided by industry research reports underscores the scale of this opportunity. Driven by artificial intelligence (AI) and cloud infrastructure expansion, the U.S. data center construction market was valued at $48.18 billion in 2024 and is projected to reach $112 billion by 2030. Furthermore, U.S. data center power capacity is expected to triple, jumping from roughly 30 GW in 2025 to 90 GW by 2030.

Addressing Execution Capacity

A major bottleneck in the 2026 data center construction market is not a lack of capital, but rather “execution capacity,” specifically, the availability of highly specialized MEP engineering and construction labor. Acquiring an established firm like FSB provides Colliers with the immediate, specialized workforce required to execute these complex, power-intensive structural and electrical engineering overhauls.

“Joining Colliers Engineering represents an exciting new chapter for our people and our clients. Colliers Engineering’s commitment to technical excellence, partnership culture, and client service aligns seamlessly with how we’ve built our business.”

AirPro News analysis

We view this partnership as a textbook execution of “The Colliers Way,” a long-term growth strategy that blends internal expansion with aggressive, strategic acquisitions. In recent years, Colliers has scaled its engineering foundation massively by acquiring regional, specialized leaders such as Bolton Perez & Associates in 2021, MG2 Corporation in 2024, and Terra Consulting Group in 2025.

Retaining FSB’s executive talent through equity partnerships is a critical component of this strategy. FSB President and CEO Gene O. Brown brings over two decades of experience managing government projects, including facilities for emerging aircraft like the B-21, VC-25B, and F-35. This specialized leadership gives Colliers immediate credibility and access to highly regulated federal and military infrastructure projects, perfectly timing their entry into the AI-driven infrastructure boom.

Frequently Asked Questions

When is the Colliers and FSB partnership expected to close?

According to the official press release, the transaction is expected to close in the second quarter of 2026.

What sectors will Colliers Engineering expand into with this partnership?

The partnership will allow Colliers Engineering to establish a national aviation practice and significantly expand its capabilities in the federal, mission-critical (data center), and Native American sectors.

What is the financial value of the transaction?

The specific financial terms of the transaction were not disclosed. However, FSB’s senior leadership team will become significant shareholders in Colliers Engineering as part of the agreement.

Sources

• Colliers Press Release (GlobeNewswire)

This article is based on an official press release from Caracol AM.

Italian Large Format Additive Manufacturing (LFAM) specialist Caracol AM has announced a strategic partnerships with French prototyping and mold manufacturer Formes et Volumes. According to the official company release, the collaboration successfully designed and manufactured a large-scale composite lamination tool specifically tailored for the aerospace sector. By leveraging advanced robotic 3D printing, the project aims to address the notoriously slow and complex tooling processes that have long challenged aerospace manufacturers.

The aerospace industry traditionally relies on multi-part assemblies and extensive CNC machining for composite lamination tooling. These conventional methods often result in long lead times, high production costs, and compounded tolerance risks. In response, Caracol AM and Formes et Volumes utilized Caracol’s proprietary Heron AM robotic platform to combine LFAM, fiber-reinforced thermoplastics, and hybrid manufacturing into a single, streamlined workflow.

The resulting monolithic tool demonstrates the viability of using large-format 3D printing for end-use deployment in highly regulated industries. By printing the tool as a single piece, the companies report that they have completely eliminated assembly joints, thereby removing assembly-driven failure modes and improving the long-term structural integrity of the mold.

The Shift to Hybrid Manufacturing in Aerospace

Combining Additive and Subtractive Processes

Rather than positioning LFAM merely as a shortcut for rapid prototyping, Caracol AM and Formes et Volumes implemented a comprehensive “hybrid workflow” to achieve strict aerospace-grade standards. According to the project details, the manufacturing process was broken down into three critical phases.

First, the Heron AM system, equipped with a High-Flow (HF) Extruder, printed the near-net-shape geometry directly from a digital model. This phase utilized precise robotic control and high deposition rates to form the core structure. Second, subtractive manufacturing via CNC milling was applied to the printed part. This step was essential to deliver the final dimensional accuracy, tight tolerances, and smooth surface quality required for aerospace molds. Finally, the tool underwent autoclave post-processing. Autoclave curing ensures the tool possesses the necessary thermal performance and stability to withstand the rigorous conditions of aerospace composite lamination.

Technical Specifications and Efficiency Gains

By the Numbers

The technical specifications released by Caracol AM highlight the scale and speed of the Heron AM platform. The composite lamination tool measures 2200 × 2200 × 600 mm and weighs 180 kg. Utilizing a Polycarbonate (PC) material reinforced with 20% Carbon Fiber and extruded through an 18 mm nozzle, the entire printing phase was completed in just 19 hours.

Moving from conventional tooling to this robotic LFAM approach delivered quantifiable efficiency gains across the production chain. The companies reported significant reductions in almost every major manufacturing metric.

According to the project data provided by Caracol AM, the hybrid LFAM workflow resulted in a 50% reduction in lead time, a 50% reduction in material waste, a 50% reduction in part weight, and a 30% reduction in overall production costs compared to traditional methods.

Furthermore, the digital design phase allowed engineers at Formes et Volumes to optimize internal geometries and mass distribution, bypassing the constraints typically imposed by traditional manufacturing limits.

Industry Implications and Supply Chain Resilience

AirPro News analysis

At AirPro News, we view this collaboration as a strong proof point that aerospace composite tooling is transitioning from a localized “test case” to an active industry standard. The successful deployment of the Heron AM platform for end-use aerospace tooling underscores a broader shift toward supply chain resilience. As hybrid manufacturing workflows mature, they enable more agile, on-demand production models. This allows aerospace manufacturers to produce critical tooling closer to the point of need, significantly reducing reliance on long, vulnerable legacy supply chains.

The financial momentum behind these technologies also cannot be ignored. In September 2025, Caracol AM raised a $40 million Series B funding round to accelerate its global expansion. This influx of capital suggests strong market confidence in LFAM solutions for heavy industries like aerospace, automotive, and marine manufacturing.

Additionally, the sustainability aspect of this project aligns with broader industrial goals. The reported 50% reduction in material waste is a critical step toward lowering the carbon footprint of heavy manufacturing. Formes et Volumes, based in Aytré, France, has historically been proactive in seeking environmentally friendly tooling solutions, including previous initiatives to recycle polystyrene from single-use boat molds. The integration of LFAM appears to be a natural progression of these sustainability efforts.

Frequently Asked Questions (FAQ)

What is LFAM?

LFAM stands for Large Format Additive Manufacturing. It is an industrial 3D printing process that uses robotic arms or large gantry systems to extrude polymers, metals, or composites to create large-scale parts and tooling.

What materials were used for the aerospace tool?

According to Caracol AM, the tool was printed using Polycarbonate (PC) reinforced with 20% Carbon Fiber, chosen for its thermal stability and strength.

Why is a monolithic structure important for aerospace tooling?

A monolithic (single-piece) structure eliminates the need for assembly joints. In aerospace tooling, joints can be points of weakness or failure. Removing them improves the long-term structural integrity and reliability of the mold.

Sources:
Caracol AM Official Press Release and Case Study

H.I.G. Capital Acquires International Aerospace Coatings to Expand Global Aviation Services

On May 15, 2026, global alternative investment firm H.I.G. Capital announced the successful acquisition of International Aerospace Coatings (IAC), a premier provider of aircraft painting, engineering, and advanced asset management solutions. The transaction includes IAC’s specialized engineering division, Eirtech Aviation Services (EAS).

This acquisitions marks a significant ownership transition for the aviation services company, which was previously acquired by Tiger Infrastructure Partners in December 2022. According to the official press release, the move is designed to scale IAC’s operations and address a growing global shortfall in dedicated aircraft painting capacity.

By leveraging H.I.G. Capital’s extensive financial resources, IAC intends to expand its geographic footprint, invest heavily in additional hangar infrastructure, and pursue selective add-on acquisitions to meet the escalating demands of the aviation industry.

Strategic Expansion and Industry Demand

Addressing the Capacity Shortfall

The commercial aviation and aerospace sectors are currently navigating a notable bottleneck in global paint and finishing capacity. As airlines, original equipment manufacturers (OEMs), and aircraft lessors increasingly prioritize rapid turnaround times and consistent quality, dedicated service providers are seeing unprecedented demand. H.I.G. Capital, which manages $75 billion in capital as of May 2026, plans to utilize its institutional backing to help IAC capture a larger share of this expanding market.

In the company’s press release, H.I.G. Capital leadership emphasized the strategic value of IAC’s established market position and operational reliability.

“IAC has built an outstanding reputation for quality, reliability, and customer service. We are pleased to partner with IAC and believe the Company is well positioned to continue gaining share…”
— Doug Berman, Co-President at H.I.G. Capital

Scaling Operations

To meet the industry’s rigorous demands, H.I.G. Capital’s investment strategy focuses on tangible infrastructure growth. The firm has outlined clear intentions to fund the construction of new facilities and explore strategic acquisitions that complement IAC’s existing service portfolio. This approach aims to alleviate the supply chain pressures currently facing major commercial airlines and VIP aircraft fleets.

IAC’s Growth and Recent Milestones

Building a Global Footprint

Dual-headquartered in Irvine, California, and Shannon, Ireland, IAC currently paints over 1,000 aircraft annually. The company operates a comprehensive global portfolio of purpose-built hangars located at major airports across the United States and Europe. IAC was originally established in 2014 following the merger of three leading aviation service providers: Leading Edge Aviation Services, Associated Painters, and Eirtech Aviation.

In recent years, IAC has actively expanded its international presence. According to industry reports, the company opened a new facility in Teruel, Spain, in 2024 under a 40-year concession. Furthermore, IAC recently expanded its network capacity by securing a long-term lease for wide-body and narrow-body hangars at Safi Aviation Park in Malta.

A Strong Financial Foundation

Prior to the H.I.G. Capital acquisition, IAC achieved a major financial milestone in June 2025 by completing a highly successful $240 million strategic financing round. This capital raise included the company’s inaugural issuance of 4(a)2 private placement notes with an investment-grade rating, a first-of-its-kind achievement in the aviation painting industry. The funds were utilized to refinance existing credit facilities and initiate the construction of new purpose-built hangars.

IAC leadership expressed optimism about the new partnership and the operational growth it will unlock.

“We are thrilled to welcome H.I.G. as a partner, as we scale IAC to meet growing demand… With H.I.G.’s experience and resources, we plan to expand our geographic footprint [and] invest in additional hangar capacity.”
— Martin O’Connell, Chief Executive Officer of IAC

Transaction Details

While the specific financial terms of the May 2026 acquisition were not publicly disclosed in the announcement, the advisory teams facilitating the deal were confirmed. RBC Capital Markets, LLC and Ropes & Gray LLP served as the financial and legal advisors, respectively, for H.I.G. Capital. On the other side of the transaction, IAC was advised by Jefferies, LLC and the legal firm Latham & Watkins LLP.

AirPro News analysis

The acquisition of IAC by a $75 billion heavyweight like H.I.G. Capital underscores a broader, accelerating trend of private equity consolidation within the aviation Maintenance, Repair, and Overhaul (MRO) sector. As supply chain constraints and capacity shortages continue to pressure OEMs and commercial operators, specialized service providers with established, hard-to-replicate infrastructure, such as IAC’s purpose-built hangars, have become highly lucrative assets.

The rapid succession of IAC’s ownership, from Vance Street Capital to Tiger Infrastructure Partners in 2022, and now to H.I.G. Capital in 2026, highlights the intense institutional interest in aviation aftermarket services. With airlines desperate to maintain fleet aesthetics and protective coatings without suffering prolonged downtime, private equity firms clearly view aviation painting and asset management as a resilient, high-yield investment vertical.

Frequently Asked Questions (FAQ)

What services does International Aerospace Coatings (IAC) provide?
IAC is a global aviation services provider specializing in exterior and interior aircraft painting, aircraft refurbishment, and graphics. Its engineering division, Eirtech Aviation Services (EAS), provides specialized engineering and advanced asset management solutions.

Who acquired IAC?
An affiliate of H.I.G. Capital, a multinational alternative investment firm with $75 billion of capital under management, officially acquired IAC on May 15, 2026.

Why is this acquisition significant for the aviation industry?
The aviation industry is currently facing a global shortfall in dedicated aircraft painting capacity. H.I.G. Capital’s acquisition will provide IAC with the financial resources to build new hangars and expand its geographic footprint, helping to alleviate supply chain bottlenecks for airlines and OEMs.

Sources

• H.I.G. Capital Press Release