Vance Street Capital Invests in Aero Group Holdings (Tempest Aero Group)
April 4, 2023
Los Angeles-based private equity firm Vance Street Capital has invested in Aero Group Holdings LLC, which operates Tempest Aero Group, a Burlington, North Carolina-based portfolio of FAA-PMA brands that design and manufacture replacement components for the general aviation market. Founders Tim Henderson and Mike Allen retain meaningful ownership, and Mike Allen will continue as CEO; financial terms were not disclosed.
- Buyers
- Vance Street Capital LLC
- Targets
- Aero Group Holdings LLC (Tempest Aero Group)
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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