RIM Enterprises Merges with Alliance Air Parts to Form RIM Alliance
Deal News | Jun 24, 2025 | EIN
RIM Enterprises, a global aircraft parts supplier based in Marion, Iowa, has merged with Alliance Air Parts, an Oklahoma City-based supplier of aircraft components, to form RIM Alliance. RIM, founded in 1991, is known for its reliable solutions and robust relationships with customers and vendors, which has been a cornerstone of its operations under the guidance of President Paul Copping and Managing Director Steve Bell. The merger with Alliance, founded in 2006 and specializing in teardown and distribution of various aircraft parts, aims to leverage the strengths of both companies by expanding inventory, capabilities, and market reach. The merger will see the existing leadership team of RIM remain in place, ensuring continuity. Alliance’s strategy to further its growth trajectory, supported by Scott Potter and investment firm ACapitalFund, aligns with the merger's aim to enhance operational synergy. XLCS Partners acted as the exclusive M&A advisor for the transaction, completed on June 12, 2025, with significant contributions from Joe Contaldo and Reed McMahon.
Sectors
- Aerospace & Defense
- Investment Banking
Geography
- United States – Both RIM Enterprises and Alliance Air Parts are based in the United States, with operations in Iowa and Oklahoma respectively.
Industry
- Aerospace & Defense – The merger involves companies specializing in aircraft parts supply and component distribution, aligning with the Aerospace & Defense sector.
- Investment Banking – XLCS Partners, providing M&A advisory services for the transaction, operates within the Investment Banking industry.
Financials
- – Specific financial terms of the merger were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RIM Enterprises | Target Company | Company | A global full-service aircraft parts supplier, known for its creative solutions and deep relationships. |
| Alliance Air Parts | Bidding Company/Buyer | Company | A premium aircraft component supplier with specialization in teardown and distribution. |
| ACapitalFund | Investor | Company | Investment firm partnering with Alliance Air Parts for growth strategies. |
| XLCS Partners | M&A Advisor | Company | Provided exclusive M&A advisory services for the merger. |
| Joe Contaldo | M&A Advisor | Person | Partner at XLCS Partners who led the transaction process. |
| Reed McMahon | M&A Advisor | Person | Vice President at XLCS Partners involved in the transaction. |
| Paul Copping | President | Person | President of RIM Enterprises. |
| Steve Bell | Managing Director | Person | Managing Director of RIM Enterprises. |
| Scott Potter | President | Person | President of Alliance leading post-merger growth strategies. |