Air T, Inc. Acquires Contrail Aviation Support, Inc.

JSSI Acquires TRAXXALL

December 14, 2021

Cloud & SaaS

Jet Support Services, Inc. (JSSI) has acquired TRAXXALL, a Montreal-based provider of SaaS aircraft maintenance tracking and parts inventory management. The deal brings TRAXXALL into JSSI's SaaS division to accelerate JSSI's digital offerings and expand its maintenance-tracking capabilities for business aviation customers.

AAR CORP. Acquires Aerostrat

August 12, 2025

Aerospace & Defense

AAR CORP. has acquired Seattle-based Aerostrat, a long-range aviation maintenance planning software provider, for $15 million plus contingent consideration of up to $5 million. The deal brings Aerostrat's Aerros product into AAR's Trax suite to expand Trax's ERP and long-range planning capabilities and continue to offer Aerros as a standalone solution to airlines, MROs, and cargo operators.

Curtiss-Wright Acquires Teletronics Technology Corporation for $233M

January 4, 2017

Aerospace & Defense

Curtiss-Wright Corporation has completed the acquisition of Teletronics Technology Corporation (TTC) for $233 million in cash. TTC, a Newtown, Pennsylvania–based designer and manufacturer of data acquisition and flight test instrumentation systems (approximately 225 employees), will operate within Curtiss-Wright's Defense segment to broaden its data acquisition product portfolio and expand geographic reach.

JSSI Acquires SierraTrax

June 29, 2021

Aerospace & Defense

Jet Support Services, Inc. (JSSI) has acquired SierraTrax, a provider of aircraft maintenance tracking software, to add digital maintenance-tracking capabilities to its suite of business aviation services. The move expands JSSI’s software offerings and combines SierraTrax’s modern platform with JSSI’s extensive maintenance data and program coverage; GTCR is the majority investor in JSSI.

Aero Interiors Company (Balmoral affiliate) Acquires AeroVentions, LLC

May 14, 2019

Manufacturing

Aero Interiors Company (an affiliate of Balmoral Funds) completed a bolt‑on acquisition of AeroVentions, LLC, a designer, manufacturer and assembler of aircraft interior products based in Austin, Texas. The deal expands AIC’s product breadth, customer relationships and management talent as several senior managers from AeroVentions rejoin the platform to support growth and service quality.

Route 2 Capital Partners and Alturus Back Reliance Aircraft International Investment in Reliance Aircraft International, Inc.

February 5, 2020

Aerospace & Defense

An investor group led by Route 2 Capital Partners and Alturus Capital (through a newly formed vehicle, Reliance Aircraft International, LLC, alongside Andrew Cohen and Terry Hix) completed a strategic investment in Reliance Aircraft International, Inc. The capital will support RAI's aftermarket commercial and military airframe/engine parts platform, enabling asset purchases, expansion into new product lines, and potential add-on acquisitions; RAI will remain headquartered in Austin, Texas and be managed by Terry Hix and Andrew Cohen.