VSE Corporation Acquires Turbine Weld Industries

VSE Corporation Acquires Turbine Controls, LLC

April 24, 2024

Aerospace & Defense

VSE Corporation has completed the acquisition of Turbine Controls, LLC, a provider of aftermarket repair and overhaul (MRO) services for engine components and airframe accessories, for approximately $120 million (about $110 million cash and $10 million in stock). The acquisition strengthens VSE's Aviation segment by expanding repair capabilities, adding OEM relationships, and enhancing its position in the commercial engine MRO aftermarket.

VSE Corporation Acquires Precision Fuel Components

February 1, 2023

Aerospace & Defense

VSE Corporation has acquired Precision Fuel Components, LLC in an all-cash transaction that is immediately accretive to VSE's Aviation segment. Precision Fuel, a Washington-based provider of MRO services for engine accessories and fuel systems serving the B&GA and rotorcraft markets, expands VSE Aviation's specialty MRO capabilities and provides cross-selling opportunities into new rotorcraft and fixed-wing customers.

VSE Corporation Acquires Kellstrom Aerospace Group

December 3, 2024

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) has completed the acquisition of Kellstrom Aerospace Group, Inc., a portfolio company of AE Industrial Partners, expanding VSE Aviation's distribution and MRO capabilities in the commercial engine aftermarket. VSE said the deal was funded with cash (approximately $185 million) and 172,414 common shares (subject to working capital adjustments); AE Industrial Partners' announcement characterized the sale as $200 million.

VSE Corporation Acquires Global Parts Group, Inc.

July 26, 2021

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) acquired privately held Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million. The deal brings Global Parts' airframe-focused distribution and hydraulics/pneumatics MRO capabilities in Augusta, Kansas into VSE Aviation, expanding VSE's product and repair offerings to the business & general aviation market and adding access to more than 3,000 B&GA customers and ~ $65 million of 2020 revenue.

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

TransDigm Acquires Jet Parts Engineering and Victor Sierra Aviation Holdings

January 19, 2026

Aerospace & Defense

TransDigm Group Incorporated has agreed to acquire Jet Parts Engineering (JPE) and Victor Sierra Aviation Holdings (VSA), both portfolio companies of Vance Street Capital, for approximately $2.2 billion in cash. The transaction expands TransDigm’s presence in the commercial aerospace aftermarket by adding engineered PMA/OEM-alternative parts, repair capabilities and distribution for commercial, regional, cargo, and business aviation customers.