NVM Private Equity Acquires MRO Plus Solutions Group from Cairngorm Capital

Bain Capital Special Situations Makes Strategic Minority Investment in MRO Holdings

July 9, 2024

Aerospace & Defense

Bain Capital Special Situations has made a strategic minority (growth) investment in MRO Holdings Inc. to support the company's expansion of customer-centric initiatives and capability scaling across its Americas maintenance network. MROH’s existing management and investment partners (the Kriete family and Caoba Capital) will remain in place; financial terms were not disclosed.

Parthenon Capital Invests in MRO Corporation

October 28, 2019

Healthcare Services

Parthenon Capital has completed a growth investment in MRO Corporation, acquiring a meaningful ownership stake and providing capital to support accelerated growth. MRO, a KLAS-rated leader in release of information (ROI) and PHI disclosure management based in Norristown, Pennsylvania, will use the funding to expand its capabilities and service offerings for healthcare providers.

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.

NVM Private Equity Completes £10m MBO of Trust Systems

March 10, 2021

IT Services

NVM Private Equity has completed a £10 million management buyout of Trust Systems, a Cirencester‑based networking consultancy and managed services provider. The transaction will keep founders Tom Stone and Mike Dowson as significant shareholders while NVM will support accelerated growth, board expansion and market‑share gains in retail, transport and enterprise networks.

MRO Corp. Acquires Cobius Healthcare Solutions

March 10, 2021

Healthcare Services

MRO Corp., a clinical data workflow platform backed by Parthenon Capital, has acquired Northbrook, Illinois-based Cobius Healthcare Solutions to expand its audit, denial management, and compliance capabilities for hospitals and provider organizations. Cobius founder Doug Weinberg and his team will join MRO as employees, enabling integrated workflow and technology offerings across payer audit, denial management, internal audit and release-of-information solutions.

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.