Vance Street Capital, a private equity firm, agreed to acquire McFarlane Aviation, a manufacturer of aircraft products. Financial terms were not disclosed. "Vance Street is honored to have the opportunity to partner with an iconic business like McFarlane. Over the last 50 years, Dave and his team have built a truly great company well known as a leader in its market. With Vance Street's additional support and capital, McFarlane is expected to accelerate its already impressive growth trajectory," Nicholas Janneck, Vance Street Principal.