Coptersafety acquired by MML Keystone to support future expansion
The Helsinki-based helicopter simulator training provider will continue operations as normal while planning a phased expansion of Level D training capacity under new majority ownership
MML Keystone has become the majority owner of Coptersafety, a helicopter pilot simulator training provider based in Helsinki, Finland. The investment will see MML Keystone take a controlling stake while the existing management team remains in place and continues to lead the business.
Training operations will continue without interruption at Coptersafety’s Helsinki facility, which serves helicopter operators from around the world. The center operates five Level D full flight simulators and holds approvals from multiple aviation authorities, including the European Union Aviation Safety Agency (EASA), the Federal Aviation Administration (FAA), the UK Civil Aviation Authority (CAA), and Transport Canada.
Coptersafety is planning to expand its Helsinki site, with additional Level D simulators expected to come online in 2027 and 2028, subject to regulatory approvals and scheduling. The expansion is intended to increase training capacity as demand for simulator-based helicopter training continues.
Hannu Marjoniemi, CEO and Co-Founder of Coptersafety, said: “We are delighted to welcome MML Keystone as our new partner… This partnership will allow us to expand capacity, invest in additional simulators… and continue delivering the highest-quality training to our customers worldwide.”
Sharand Maharaj, Co-Managing Partner of MML Keystone, described Coptersafety as “a scarce piece of safety infrastructure in European aviation”, adding that the firm was impressed by “outstanding and consistent operator respect for the training quality and the caliber of the team”.
MML Keystone is investing alongside Coptersafety’s management, which will retain a significant shareholding. Sentica Partners, which has supported the company since 2015, will exit its investment following a period of growth for the training provider.
Coptersafety recently placed an order for a new AW139 Level D full flight simulator with TRU Simulation.
Chloe Fox
Chloe Fox is an Senior Editorial Assistant for Voyageur Group, joining in 2024. She writes for AirMed&Rescue and ITIJ, covering a range of topics including international travel and health insurance, medical assistance provision, and air medical transportation. Chloe holds a BA (Hons) in English and an MA in English Literature from the University of Bristol.