Vance Street Capital and Neuberger Berman Recapitalize Eirtech Aviation Services

Tiger Infrastructure Partners Acquires International Aerospace Coatings and Eirtech Aviation Services from Vance Street Capital

December 7, 2022

Aerospace & Defense

Tiger Infrastructure Partners has acquired International Aerospace Coatings (IAC) and Eirtech Aviation Services (EAS) from Vance Street Capital. The transaction combines IAC's global aircraft coatings capability (headquartered in Shannon, Ireland) with EAS's engineering and asset management services (headquartered in Irvine, California) to create a leading aviation aftermarket platform; terms were not disclosed.

Vance Street Capital Invests in Aero Group Holdings (Tempest Aero Group)

April 4, 2023

Manufacturing

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.

Vance Street Capital Acquires Eberle Design, Inc.

June 14, 2022

Infrastructure

Vance Street Capital, a Los Angeles-based private equity firm, has acquired Eberle Design, Inc. (EDI), a provider of intersection safety products and ITS technologies. EDI will join Vance Street's traffic and pedestrian safety ITS platform alongside Polara Enterprises and Carmanah Technologies to expand the platform's intersection safety product portfolio and accelerate product innovation.

Trive Capital Recapitalizes AEVEX Aerospace with $160M Unitranche from Bain Capital Credit

July 15, 2019

Aerospace & Defense

Trive Capital completed a recapitalization of its portfolio company AEVEX Aerospace, with Bain Capital Credit arranging a $160 million senior secured unitranche facility to support the transaction. AEVEX, headquartered in Solana Beach, California, provides airborne intelligence, surveillance and reconnaissance (ISR) services across aircraft services, flight operations support and intelligence solutions; William Blair served as exclusive financial advisor to AEVEX.

Strength Capital Partners and Neuberger Berman Recapitalize ESP Associates

July 9, 2025

Engineering Services

Strength Capital Partners closed a single-asset continuation vehicle to recapitalize ESP Associates, providing liquidity to Strength Capital’s existing investors and bringing in follow-on capital led by investment funds affiliated with Neuberger Berman. The transaction includes significant rollover by SCP and the ESP management team and is intended to fund organic growth and strategic add-on M&A to expand the platform’s geographic footprint and service offerings.

Vance Street Capital Acquires McFarlane Aviation

October 21, 2021

Aerospace & Defense

Los Angeles-based private equity firm Vance Street Capital acquired McFarlane Aviation, a Baldwin City, Kansas manufacturer and distributor of FAA-PMA aftermarket parts for general aviation. The McFarlane family will retain a meaningful ownership stake alongside Vance Street as the firm positions McFarlane as a platform investment to accelerate growth in the aerospace aftermarket.