Platinum Equity-backed Unical Aviation completed the acquisition of CAVU Component Repair from CAVU Aerospace.

Platinum Equity-backed Unical Aviation, a provider of aircraft parts and components to the global commercial aerospace market, completed the acquisition of CAVU Component Repair, a repair station in Mesa, Arizona, from CAVU Aerospace, a provider of aircraft asset management, disassembly and recycling services. Financial terms were not disclosed. "The acquisition of CAVU Component Repair allows us to increase our capabilities in the third-party repair sector of our business, which we believe has strong and growing potential. CAVU Aerospace is an outstanding partner and its component repair team has provided us exceptional service for many years. We are excited they are joining the Unical team and we expect a seamless transition," Sharon Green, Unical CEO.