Project T-RX
CLIENT MANDATE
CCX Technologies Inc. and Aviation Tools, Inc. jointly developed the T-RX avionics testing platform, a compact and highly reliable solution used by aircraft maintenance and repair organizations for advanced avionics testing applications. The product had established a strong market reputation and strategic relevance within regulated aviation and defence-adjacent environments.
As the global aviation and aerospace testing market continued to consolidate, the shareholders assessed strategic options for the T-RX product line that would support long-term scalability, continued technology investment, and expanded global reach.
TRANSACTION CONTEXT
The T-RX platform represented a strategic asset to global aeronautical test equipment manufacturers seeking to expand integrated avionics and air data testing capabilities. The joint ownership structure and IP-centric nature of the asset required a carefully structured transaction process aligned with strategic buyer priorities in aerospace and defence markets.
ATEQ Aviation announced the acquisition as part of its strategy to broaden its avionics testing portfolio and offer more comprehensive testing solutions to aviation maintenance organizations worldwide.
Deal announcement: https://www.ateq-aviation.com/ateq-aviation-acquires-trx-avionics-test-solution-to-expand-air-data-testing-capabilities
WELCH CAPITAL PARTNERS' ROLE & OUTCOME
Welch Capital Partners advised the shareholders throughout the transaction lifecycle, including negotiation support and execution through closing. The mandate required specialist experience across IP-driven and asset carve-outs and joint ownership structures.
The transaction resulted in the successful sale of the T-RX product line to ATEQ Aviation, positioning the platform for expanded global adoption and integration within a broader aerospace and aviation testing ecosystem.
CLIENT TESTIMONIAL
“Welch Capital Partners was instrumental in facilitating the sale of the Aviation Tools and CCX Technologies joint T-RX product line to ATEQ Aviation. Candace Enman at Welch was a joy to work with.”
Chris Bartlett, President, CCX Technologies Inc., Ottawa, Canada
Terry Markovich, President, Aviation Tools, Inc.. New Jersey, USA

