10/20/2010
AGC Appoints President of Growing Finance Group
AGC Aerospace & Defense, has named skilled aviation and finance executive, Timothy Wilson, to lead the AGC Finance group.
“Tim brings with him the right balance of finance, aviation expertise, sales, and asset valuation in the general aviation, commercial, and military markets both domestically and abroad,” commented Rick Nagel, partner at AGC Aerospace & Defense, “We’re pleased to welcome Tim to the AGC Aerospace & Defense family.”
Wilson comes to the AGC Finance group from the M&I Marshall & Ilsely Bank, a Fortune 500 banking institution, where he spearheaded the successful launch and development of its business aviation finance initiative. Wilson’s experience includes oversight of aircraft evaluations and appraisals – both medium and light business aircraft – in addition to large cabin business aircraft such as Citation X and Gulfstream IV & V. With his early career spent at the Cessna Finance Corporation, Wilson’s experience also includes piston and turbine engine aircraft evaluation and financing.
“AGC Finance Group will specialize in transactions between $500,000 and $3,000,000, focusing on both new and used turboprop and small to medium sized jet aircraft,” remarked Wilson.
ABOUT THE AGC FINANCE GROUP
The AGC Finance Group supports general aviation, commercial, and military customers with the financing of aircraft, aircraft engines, maintenance, and upgrades. The company’s extensive background in aircraft modifications, upgrades, and maintenance provides the ability to finance complex transactions.
ABOUT AGC AEROSPACE & DEFENSE
AGC Aerospace & Defense, the operating portfolio of private equity group Acorn Growth Companies, is a leader in supplying technologies, systems and services that support key commercial and military programs. Operating in multiple locations across the globe, capabilities within the AGC Aerospace & Defense portfolio range from financing, engineering, and integration services to manufacturing, logistics, and aircraft modifications. AGC Aerospace & Defense is organized into four operating groups: Composites, Finance, Integrated Defense, and Services.