First Class Air Holdings (O2) Invests in AVI Aviation (Aviation Inflatables & Survival Products)

O2 Investment Partners / First Class Air Holdings Acquires Aviation Inflatables and Survival Products

January 24, 2022

Aerospace & Defense

O2 Investment Partners, through its platform First Class Air Holdings, has made an investment in and partnered with Aviation Inflatables and Survival Products to support the companies' strategic growth plans. Aviation Inflatables (an FAA/EASA-licensed MRO and PMA manufacturer) and Survival Products (manufacturer of FAA-approved life rafts) will join the First Class Air Holdings platform to expand geographic reach and enhance aftermarket MRO and safety equipment capabilities.

O2 Investment Partners Acquires First Class Air Support and Cargo Repair

January 28, 2020

Aerospace & Defense

O2 Investment Partners, a Midwestern private equity firm, acquired First Class Air Support, Inc. (FCAS) and Cargo Repair, LLC, both aerospace aftermarket companies headquartered in Louisville, Kentucky. Founder Isac Roths remains a significant shareholder and will continue as President and CEO; the transaction closed on January 28, 2020.

FCAH Aerospace Partners with Air Cargo Equipment

April 18, 2023

Aerospace & Defense

O2 Investment Partners, through its platform FCAH Aerospace, has made an investment in and partnered with Air Cargo Equipment to support the latter’s growth. The deal adds FAA- and EASA-certified cargo system repair, overhaul, exchange and parts sales capabilities to FCAH’s aftermarket and MRO platform, strengthening its cargo system services offering.

O2 Investment Partners (via FCAH Aerospace) Invests in Cobalt Aero Services

June 5, 2023

Aerospace & Defense

O2 Investment Partners has invested through its platform FCAH Aerospace to acquire Cobalt Aero Services, a licensed FAA/EASA repair station specializing in nacelle, thrust reverser, and airframe component MRO. The deal adds complementary depot-level repair capabilities to the FCAH platform, supporting geographic expansion, capability enhancement, and increased service offerings to commercial, cargo, and defense customers.

ProA Capital Acquires 70% Stake in Avioparts

September 7, 2023

Logistics & Distribution

Spanish private equity firm ProA Capital has agreed to acquire roughly 70% of Avioparts, a distributor of aircraft components, lubricants and logistics solutions, in a deal that values the company at about €40 million. The transaction is structured as a share purchase plus a capital increase to support Avioparts’ organic and inorganic growth; founder David Fojon will remain CEO and a minority shareholder.

First Aviation Services Acquires Associated Aircraft Manufacturing & Sales (AAMSI)

November 30, 2022

Aerospace & Defense

First Aviation Services Inc. has acquired Associated Aircraft Manufacturing & Sales, Inc. (AAMSI), a Fort Lauderdale-based manufacturer and MRO provider for aircraft electronics, avionics, hydraulic and landing gear components. The deal, completed on November 22, 2022, expands First Aviation's manufacturing and repair capabilities — particularly its defense / DOD-approved repairs — and creates opportunities for vertical integration across its component repair and overhaul operations.