VSE to acquire Kellstrom Aerospace from AE Industrial Partners.

VSE, a provider of aftermarket distribution and repair services, agreed to acquire Kellstrom Aerospace, a full-service aftermarket solutions provider of value-added distribution and technical services for the commercial aerospace engine aftermarket, from AE Industrial Partners, a private equity firm. Financial terms were not disclosed. “We are delighted to welcome the Kellstrom team to the VSE Aviation family later this year. Kellstrom's portfolio of engine-focused products and MRO services, coupled with its technical advisory capabilities and OEM-centric approach, makes this acquisition highly complementary to VSE Aviation’s business. This acquisition is expected to yield significant sales and operating synergies, allowing us to leverage combined strengths, optimize resources, and drive accelerated growth in the aviation aftermarket," Ben Thomas, VSE Aviation President.