Air Transport Components (ATC Group) Acquires Aero Controls, Inc. (ACI) to Expand Component MRO in the Pacific Northwest

Acorn Capital Management to Acquire Majority Interest in MTI Aviation

April 20, 2026

Aerospace & Defense

Acorn Capital Management announced an agreement to acquire a majority interest in MTI Aviation, a provider of component repair, overhaul, and parts distribution for electro-mechanical, hydraulics, pneumatics, and power generation components. The transaction is expected to close in the coming weeks, with MTI’s founder and CEO Jorge Mejia remaining a significant shareholder and continuing to lead the company.

AE Industrial Partners Acquires Air Transport Components to Establish Aerospace MRO Platform

June 16, 2025

Aerospace & Defense

AE Industrial Partners has acquired Air Transport Components (ATC), a provider of aircraft component maintenance, repair, and overhaul (MRO) services, to serve as the cornerstone of a new aerospace MRO platform. The investment positions the platform to expand component repair capabilities across commercial, cargo, and military markets and pursue organic growth and further acquisitions; financial terms were not disclosed.

Aero Accessories Acquires AirGroup America

November 12, 2024

Aerospace & Defense

Aero Accessories & Repair, a portfolio company of ATL Partners, has acquired Pittsburgh-based AirGroup America. The add-on expands Aero Accessories' engineered solutions footprint in FAA-approved PMA parts and DER repairs, broadening its aftermarket distribution and repair capabilities; terms were not disclosed.

Aero Accessories Acquires Aero Instruments & Avionics

November 4, 2024

Aerospace & Defense

Aero Accessories & Repair, LLC, a portfolio company of ATL Partners, has acquired Buffalo, New York-based Aero Instruments & Avionics. The add-on strengthens Aero Accessories' MRO capabilities across avionics, electro-mechanical and other complex aircraft components and expands its presence in the commercial, cargo and defense aftermarket; terms were not disclosed.

Avnan Capital Acquires Allied Components International

December 27, 2023

Manufacturing

Avnan Capital has acquired Allied Components International (ACI), a Foothill Ranch, California-based designer and manufacturer of magnetic electronic components. The transaction closed on December 4, 2023; Avnan plans to grow the business with industry veterans joining to manage and scale the new portfolio company.

TRS Services Acquires American Aeromotive Components

February 4, 2020

Manufacturing

Houston-based TRS Services has acquired the assets of American Aeromotive Components (AAC), expanding TRS's manufacturing and replacement-parts capabilities for light industrial and aeroderivative gas turbines. The acquisition adds CNC grinding and machining capacity and broadens TRS's repair capabilities for heavy industrial buckets and blades, strengthening the company's technical expertise and service offering to turbine operators and OEMs.