Announced
Completed
Synopsis
Warburg Pincus, a private equity firm, completed the acquisition of Topcast, an aircraft spare parts distributor. Financial terms were not disclosed. “Asia Pacific is one of the most dynamic and fast-growing civil aviation markets in the world. Topcast has built a strong reputation as a trusted and innovative partner to airlines, MROs, and OEMs, helping to ensure the efficiency, reliability, and safety of the aviation supply chain. It is a differentiated business with deep regional expertise, technical know-how, and a customer-centric approach. We look forward to supporting Topcast in deepening its local capabilities, expanding its global partnerships, and driving its next phase of sustainable growth,” Ben Zhou, Warburg Pincus Managing Director and Co-Head of China Private Equity.
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