Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)
October 17, 2023
Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.
- Buyers
- Edgewater Growth Capital Partners V, L.P. (Edgewater), Banbury Private Capital, HF Capital, Killick Capital
- Targets
- Turbine Engine Specialists (TES)
- Industry
- Aerospace & Defense
- Location
- Texas, United States
- Transaction Type
- Growth capital
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