Precision Aviation Group Acquires World Aviation Corporation
January 28, 2020
Precision Aviation Group, Inc. (PAG), a GenNx360-backed aerospace MRO platform, has acquired Toronto-based World Aviation Corporation (WAC), a specialist in the rewind and repair of rotary and static electrical generator and motor sub-components. The deal expands PAG's MRO capabilities and Canadian footprint (adding a Toronto location and roughly 60 skilled technicians), supporting PAG's broader growth strategy under GenNx360.
- Buyers
- Precision Aviation Group, Inc. (PAG), GenNx360 Capital Partners
- Targets
- World Aviation Corporation (WAC)
- Platforms
- Precision Aviation Group, Inc. (PAG)
- Industry
- Aerospace & Defense
- Location
- Ontario, Canada
- Transaction Type
- Addon
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