New State Aviation Holdings Acquires Finnoff Aviation Products

New State Aviation Holdings Acquires Blackhawk Aerospace

January 3, 2023

Aerospace & Defense

New State Aviation Holdings, a general aviation platform sponsored by New State Capital Partners, has acquired Blackhawk Aerospace, a Waco, Texas-based leader in turboprop engine upgrades and aircraft performance improvements. Blackhawk will join NS Aviation's aviation portfolio alongside AVEX and continue to operate independently with its management team remaining in place; terms were not disclosed.

New State Capital Partners Acquires AVEX

December 21, 2021

Aerospace & Defense

New State Capital Partners has acquired AVEX, a leading North American dealer and maintenance provider for the Daher TBM turboprop, from founder Terry Winson, who is retiring. AVEX — which operates in California and Colorado and provides aircraft sales, maintenance and aftermarket services — will serve as the anchor investment for New State's new aviation platform; terms were not disclosed.

Igneo Infrastructure Partners Acquires Infinity Aviation Group

June 11, 2025

Transportation

Igneo Infrastructure Partners, a global infrastructure investment manager, has acquired Infinity Aviation Group, a fixed‑base operator (FBO) platform headquartered in Nashua, New Hampshire, including on‑airport assets at Boire Field (KASH). Transaction terms were not disclosed; Igneo named Steven Levesque CEO of Infinity Aviation and said it will invest to grow and develop general aviation infrastructure across North America as part of its dedicated North American strategy.

AFV Partners Acquires Seattle Avionics

September 3, 2020

Aerospace & Defense

AFV Partners LLC has acquired Seattle Avionics, a provider of general aviation flight applications, FAA-certified charts and flight data, and augmented reality technology, from founders John Rutter and Steve Podradchik. The transaction closed on September 3, 2020; Rutter and Podradchik will join AFV Partners' aviation vertical to help expand chart/data capabilities and accelerate product innovation.

Branford Castle Partners Acquires Hoffman Engineering

November 12, 2024

Aerospace & Defense

Branford Castle Partners has acquired Hoffman Engineering, a Stamford-based maker of night-vision test equipment, imaging lighting systems and commercial aviation LED specialty lighting, from Trident Maritime Systems. The transaction was financed with senior debt from O2 Sponsor Finance and mezzanine debt and an equity co-investment from Brookside Capital Partners; Hoffman’s management team will remain in place and terms were not disclosed.

AMF Holdings Acquires US Aircraft Finance in Management Buyout

January 6, 2024

Financial Services

AMF Holdings, LLC completed a management buyout of US Aircraft Finance, LLC, a national specialist in light aircraft lending and loan servicing. The transaction transfers ownership from the company's shareholders (following the recent passing of founder David Savoie) to AMF Holdings, which will continue USAF's aircraft lending and servicing operations from Richmond, Vermont.