CAI Capital Partners Invests in ATS Services Ltd.

McNally Capital Acquires Airforce Turbine Service (ATS)

December 18, 2025

Aerospace & Defense

McNally Capital has acquired Airforce Turbine Service, Ltd. (ATS), a Texas-headquartered provider of PT6A turboprop engine MRO and aftermarket services, marking the first investment from McNally Capital Fund III. As part of the transaction, Johannesburg-based TEMRO will join ATS as a wholly owned operating subsidiary and industry executive Rob Wilson will serve as Executive Chairman to support scaling and capability expansion.

Thompson Street Capital Partners Invests in ATIS

September 25, 2024

Engineering Services

Thompson Street Capital Partners (TSCP) has made a growth investment in ATIS, a St. Louis–headquartered provider of elevator and escalator safety inspections, consulting, and managed services. Terms were not disclosed; TSCP said the capital will support expansion of ATIS’ service offerings, sales and marketing, geographic growth, and strategic add-on acquisitions.

Aevi Capital and Sage Capital Partners Acquire ATS Scientific Inc.

October 13, 2021

Industrial Services

Ontario-based investment group Aevi Capital, together with Sage Capital Partners, has acquired ATS Scientific Inc., a Canadian distributor and servicer of analytical instrumentation and laboratory equipment. Aevi Capital's principal Aleks Sobot will become CEO while the existing management team remains involved as the company pursues growth and expansion across Canada.

CAI Capital Partners Invests in CMT Engineering Laboratories

September 30, 2020

Engineering Services

Vancouver-based private equity firm CAI Capital Partners has made a growth investment in CMT Engineering Laboratories, a Salt Lake City–headquartered provider of civil and geotechnical engineering, land surveying, and construction materials testing services. The existing owner-managers, led by President Doug Watson, retain a meaningful equity stake and will remain in their current roles as CAI supports geographic and service-line growth.

Creation Technologies Acquires Applied Technical Services (ATS)

May 5, 2020

Manufacturing

Creation Technologies acquired Applied Technical Services (ATS) on May 5, 2020 to expand its manufacturing footprint in the Pacific Northwest and Mexico and to broaden capabilities in Aerospace & Defense, Medical, and Tech Industrial markets. ATS is a privately held EMS provider with ~500 employees and facilities in Everett, Washington and Hermosillo, Mexico; owner and CEO George Hamilton is named in the announcement.

Astra Capital Management Invests in Communication Technology Services (CTS)

February 11, 2020

Telecommunications

Communication Technology Services (CTS), a Marlborough, Massachusetts-based provider of in‑building wireless and wireless infrastructure services, has received an equity investment from Astra Partners I, the flagship fund of Astra Capital Management. Terms were not disclosed; Astra said the capital will help CTS scale operations and accelerate development of new services, including private wireless network offerings.