Announced
Completed
Financials
Tags
Majority
aircraft maintanance
aircraft repair
Friendly
United States
Maintenance Repair and Overhaul (MRO)
Acquisition
Private
Domestic
Single Bidder
Completed
Synopsis
VSE, a provider of aftermarket distribution and repair services, completed the acquisition of Turbine Controls, an aircraft maintenance, repair & overhaul services provider, for $120m. “We are very pleased to officially welcome the TCI team to the VSE Aviation Family. The acquisition presents an opportunity for our VSE Aviation segment to accelerate its Maintenance, Repair, and Overhaul (“MRO”) strategy, including expanding our repair capability offerings and adding several new OEM relationships. In addition, the acquisition strengthens our position in the commercial engine MRO aftermarket while providing additional opportunities for organic growth and market share gains,” John Cuomo, VSE President and CEO.
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