CMI Group Acquires Systems 3

Jet Parts Engineering Acquires Cima Aviation

November 11, 2025

Aerospace & Defense

Jet Parts Engineering (a Vance Street Capital portfolio company) has acquired Cima Aviation, an MRO specialist in fuel and hydraulic component repairs. The add-on expands JPE's aftermarket capabilities and shortens turnaround times for commercial, cargo, regional, and military aircraft customers.

Graham Corporation Acquires P3 Technologies

November 10, 2023

Aerospace & Defense

Graham Corporation (NYSE: GHM) acquired P3 Technologies, a Jupiter, Florida-based custom turbomachinery engineering and manufacturing business, in a stock-and-cash bolt-on transaction to expand its turbomachinery capabilities and proprietary technology. P3 generated approximately $6.0 million of revenue in fiscal 2023 and brings patented technologies (MCD and SCAMP) and an $8 million backlog; the stock portion of the purchase price is valued at $2.0 million (stock priced using a $15.92 average).

Aero 3, Inc. (AeroRepair) Acquires Aircrafters, Inc.

October 4, 2022

Aerospace & Defense

Aero 3, Inc., the parent of AeroRepair and a portfolio company of GenNx360 Capital Partners, has acquired Aircrafters, Inc., a New Castle, Delaware–based distributor of aircraft wheel and brake parts and provider of exchange asset pools. The acquisition expands Aero 3's parts distribution capabilities and North American logistics footprint while keeping Aircrafters' management in place.

G.S. Precision Acquires SMC Aerospace

March 25, 2022

Manufacturing

G.S. Precision, a portfolio company of AE Industrial Partners, has acquired SMC Aerospace, a family-owned manufacturer of engineered tubes and machined components serving the aerospace and defense markets. The add-on expands G.S. Precision’s capabilities in precision tube and machined part manufacturing and will integrate SMC’s New Hampshire facilities and leadership into GSP operations.

Colorado Mechanical Systems Acquires AMI Mechanical Systems

February 11, 2021

HVAC & Mechanical

Colorado Mechanical Systems (CMS), a Centennial, Colorado-based commercial and industrial HVAC, plumbing and building controls provider, has acquired AMI Mechanical Systems of Thornton, Colorado. The acquisition expands CMS's service footprint in the Mountain West and strengthens its position in core end markets including healthcare, education, municipal, senior living and industrial customers; AMI founders Manuel Gonzales and Paula Wiley will transition out and AMI's construction arm will continue operations post-close.

3Cloud Acquires Applied Cloud Systems

July 30, 2020

Cloud & SaaS

3Cloud, a Microsoft Azure-focused services firm backed by Gryphon Investors, has acquired Applied Cloud Systems, a Pittsburgh-based Microsoft consultancy. The add-on expands 3Cloud's Azure infrastructure and application modernization capabilities and extends its geographic presence into the Eastern U.S.