Vance Street Capital has agreed to sell two portfolio companies, Jet Parts Engineering and Victor Sierra Aviation Holdings, to publicly traded TransDigm Group for approximately $2.2 billion in cash.
Founded in 1994, Jet Parts Engineering is an aerospace aftermarket parts designer and manufacturer that develops and sells Federal Aviation Administration-approved Parts Manufacturer Approval components with a focus on airframe, engine, and accessory components. PMA parts are FAA-certified alterna...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.