Snow Peak Capital completed the acquisition of TurbineAero from The Gores Group.

Snow Peak Capital, a private equity firm, completed the acquisition of TurbineAero, an independent provider of maintenance, repair and overhaul services focused on aircraft auxiliary power units and other aeroengine components, from The Gores Group, a global investment company. Financial terms were not disclosed. "We are excited to partner with Snow Peak to invest in the next phase of TurbineAero's growth and continue to deliver world-class services to our global client base. We look forward to maintaining our position as the leader in independent APU MRO services and aeroengines component repair and manufacturing," Peter Gille, TurbineAero Chief Executive Officer.