Vance Street Capital-backed Jet Parts Engineering completed the acquisition of Percival Aviation.

Vance Street Capital-backed Jet Parts Engineering, a company specializing in PMA parts and MRO services for aircraft, completed the acquisition of Percival Aviation, an aircraft supply store. Financial terms were not disclosed. "The acquisitions mark another milestone in JPE's strategic expansion, reinforcing its position as a leading provider of proprietary maintenance solutions in the aviation industry. The partnership with Cima and Percival will allow JPE to deliver even greater value through expanded service offerings, reduced turnaround times, and enhanced technical support," Nic Janneck, Vance Street Partner.