Bain Capital-backed ITP Aero completed the investment in BP Aero.

Bain Capital-backed ITP Aero, a Spanish aero engine and gas turbine manufacturer, completed the investment in BP Aero, a provider of aircraft engine aftermarket services. Financial terms were not disclosed. “Mike, Kristen, and I are thrilled to announce that the next chapter of BP Aero’s growth is beginning as part of ITP Aero. Our mission at BP Aero has always been to provide the best service to our customers, including OEMs, engine MROs, asset managers, airlines, and military product support managers. We want to express our gratitude to the BP Aero team and our customers who have been with us on this journey. We look forward to continuing serving our customers with such a strong, strategic partner like ITP Aero,” Dennis Walsh, BP Aero CEO.