ATC Group Acquires PAS MRO

AAR to Acquire 65% Controlling Interest in MRO Holdings

September 28, 2026

Aerospace & Defense

AAR entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, while MRO Holdings’ existing owners will retain a minority stake and AAR will have options to acquire the remaining interest. The acquisition is expected to add substantial aircraft heavy-maintenance capacity and expand AAR’s aviation aftermarket platform; closing is expected in AAR’s fiscal third quarter ending February 2027, subject to regulatory approvals and customary conditions.

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

June 7, 2026

Aerospace & Defense

Air Transport Components (ATC Group) announced the acquisition of Aero Controls, Inc. (ACI), an FAA-certified provider of specialized aircraft component maintenance, repair, and overhaul services. The deal expands ATC Group’s in-house engineering and proprietary repair capabilities while extending its geographic footprint into the Pacific Northwest.

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.

The Blackhawk Group Acquires Glendale Aero Services' MRO Business

January 6, 2025

Aerospace & Defense

The Blackhawk Group, a portfolio company of New State Capital Partners, has acquired the Maintenance, Repair, and Overhaul (MRO) business of Glendale Aero Services and will rebrand the operation as a Blackhawk Performance Center (BPC-Glendale). The acquisition expands The Blackhawk Group’s Performance Center network and adds specialized Cirrus SR/Vision Jet and Cessna MRO, CAPS and avionics capabilities; Glendale’s Director of Maintenance, John Fisher, will remain in place. Terms were not disclosed.

ATL Partners Makes Majority Investment in Aero Accessories

November 3, 2022

Aerospace & Defense

ATL Partners has made a majority investment in Aero Accessories & Repair, LLC, a Miramar, Florida-based provider of aerospace component maintenance, repair, and overhaul (MRO) services. The founders, David and Kevin Vail, will remain significant equity holders and management will continue to run the business as ATL looks to support organic growth, geographic expansion and pursue add-on opportunities.

AE Industrial Partners Acquires AIM MRO

December 2, 2019

Aerospace & Defense

AE Industrial Partners (AEI) has acquired AIM MRO, a Cincinnati-based manufacturer and supply chain manager of consumable repair products for the aerospace engine aftermarket. The transaction, which closed Dec. 2, 2019, positions AEI to expand AIM MRO's capabilities and accelerate growth across global aerospace engine and gas turbine MRO customers.