VSE to acquire Global Parts Group for $38m.

VSE, a provider of aftermarket distribution and maintenance, repair, and overhaul services, agreed to acquire Global Parts Group, a fully integrated aftermarket distribution and MRO services provider, for $38m. "We are pleased to welcome the Global Parts team to the VSE family. This transaction represents an important strategic investment for our Aviation segment, which significantly expands product distribution offerings and repair capabilities across a diverse base of global business and general aviation customers. Global Parts’ customer service-focused culture, long-term customer relationships, OEM supplier partnerships, consistent financial performance, and proven technical expertise are highly complementary to our existing business, providing the opportunity for both revenue and margin enhancement opportunities over a multi-year period," John Cuomo, VSE President and CEO.