Acorn Growth to acquire Aerospares 2000.

Acorn Growth, a private equity firm investing exclusively in aerospace, defense, and intelligence, agreed to acquire a majority interest in Aerospares 2000, a full-service aftermarket supplier and distributor of rotable parts for commercial aircraft. Financial terms were not disclosed. “There are incredible growth opportunities with this partnership, not only in Europe, but with geographic expansion into the US market. We plan to provide the capital and resources necessary for Aerospares to continue to support the AOG needs of its customers worldwide. Our partnership will augment the company’s strong track record and the breadth of material stocked to accelerate its progress to the next level of growth,” Rick Nagel, Acorn Growth Managing Partner.