Fortbrand Acquires Xcēd Aviation Services from Sasser

Basalt Infrastructure Partners Acquires Fortbrand Services from Wincove Private Holdings

September 15, 2023

Transportation

Funds advised by Basalt Infrastructure Partners have acquired Fortbrand Services LLC from a fund managed by Wincove Private Holdings and other investors. Fortbrand is an asset-backed ground support equipment (GSE) and airport maintenance equipment (AME) lessor serving airlines, airports, cargo companies and FBOs across the United States, United Kingdom and Canada; Basalt said it will support the company's next stage of growth and asset-base expansion.

Special Aerospace Services (Godspeed) Acquires Quintron Systems

May 14, 2024

Aerospace & Defense

Special Aerospace Services (SAS), the space engineering and defense technology platform backed by Godspeed Capital, has acquired Quintron Systems from Fernandez Holdings. The add-on expands SAS' capabilities in secure communications, network and AV systems for NASA, Department of Defense, commercial space and other government customers; Quintron president Dominick Barry will become SAS COO.

AerCap Acquires GE Capital Aviation Services (GECAS) from General Electric

November 1, 2021

Aerospace & Defense

AerCap Holdings N.V. completed its acquisition of GE Capital Aviation Services (GECAS) from General Electric, creating the largest aircraft leasing company by scale across aircraft, engines and helicopters. Under the deal GE received cash, AerCap shares and notes, and AerCap expands its fleet, customers and global market position.

Seven Point Equity Partners Establishes Strategic Partnership with Frazier Aviation

March 19, 2025

Aerospace & Defense

Seven Point Equity Partners announced a strategic partnership with San Fernando-based Frazier Aviation; the transaction was supported by a syndicate of investors including Caltius Structured Capital (which provided debt and equity), Trinity Investors, Hall Capital Holdings, and UMB Capital Corporation. Seven Point has established Frazier Aviation International, LLC as a holding company (Brian Williams named CEO) to serve as a growth platform to expand product offerings and manufacturing capabilities organically and via targeted acquisitions; Bob Frazier will continue to lead Frazier Aviation as a subsidiary.

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.

Yingling Aviation Acquires Mid-Continent Aviation Services

March 7, 2024

Aerospace & Defense

Yingling Aviation, a PE-backed full-service MRO and FBO, has acquired Mid-Continent Aviation Services (MCAS), a Wichita-based aircraft maintenance, repair and overhaul provider operating an 80,000+ sq. ft. facility at Dwight D. Eisenhower National Airport. The deal, backed by AE Industrial Partners, expands Yingling's MRO capacity and technical capabilities in the strategic Wichita market; financial terms were not disclosed.