New State Capital, a private investment firm, agreed to acquire AVEX, a provider of sales and maintenance for the Daher TBM turboprop aircraft. Financial terms were not disclosed. "AVEX has been my life's work, so selecting the next owner of the business was not a task I took lightly. From our first interaction, New State clearly stood out as the best partner for AVEX. They were absolute professionals, acting with integrity at every step. I am truly excited for them, as well as for our customers and the team at AVEX. I am quite confident of their future success," Terry Winson, AVEX Founder.