Ventus / GenNx360 / Admiralty-backed Aeron Defense Acquires General Tool Company and Magna Machine
February 4, 2026
Ventus Industrial Partners, in partnership with GenNx360 Capital Partners and Admiralty Partners, formed a new platform, Aeron Defense, and acquired General Tool Company and Magna Machine to create a consolidated defense manufacturing group. The Kramer family became minority shareholders in Aeron as the two Ohio-based machining and assembly businesses are unified to expand capacity and capabilities for major U.S. defense primes.
- Buyers
- Aeron Defense, Ventus Industrial Partners, GenNx360 Capital Partners, Admiralty Partners
- Targets
- General Tool Company, Magna Machine Company
- Sellers
- Kramer family
- Platforms
- Aeron Defense
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Aerox Aerospace Group Acquires Omnigas Systems
February 18, 2025
Aerospace & Defense
Aerox Aerospace Group has acquired Omnigas Systems, a specialist in hydrostatic testing and MRO services for aviation oxygen components and aircraft fire-suppression systems. The business will operate as Aerox Omnigas MRO under the Aerox umbrella, expanding the group's MRO and testing capabilities to complement its oxygen systems engineering and manufacturing divisions.
-
Ajax Defense Acquires Whelan Machine & Tool
March 16, 2023
Manufacturing
Ajax Defense, a veteran-owned holding company focused on strengthening U.S. defense supply chains, has acquired Whelan Machine & Tool from Gremada Industries. Whelan, a Louisville-based precision machining and assembly company serving aerospace and defense customers, was sold in a transaction facilitated by Alderman & Company; terms were not disclosed.
-
VSE Corporation Acquires Aero 3 from GenNx360 Capital Partners
December 23, 2025
Aerospace & Defense
VSE Corporation has completed the acquisition of GenNx/AeroRepair IntermediateCo Inc., the parent company of Aero 3, from GenNx360 Capital Partners for $350 million in cash (subject to working capital adjustments). The deal expands VSE's global aviation aftermarket distribution and MRO capabilities—particularly in wheel and brake repair and distribution—and was funded with proceeds from VSE's October 2025 public offering.
-
AeroRepair Corp Acquires Landmerk Inc.
October 15, 2021
Aerospace & Defense
GenNx360 Capital Partners portfolio company AeroRepair Corp has acquired Landmerk Inc., an FAA/EASA-certified aircraft wheel and brake repair station based in South Miami, Florida. The deal is AeroRepair's second add-on since GenNx360's 2019 investment and expands the platform's wheels-and-brakes MRO footprint and 24/7 AOG capabilities in South Florida.
-
Precision Aviation Group Acquires Velocity Aerospace Group
March 15, 2022
Aerospace & Defense
Precision Aviation Group (PAG), a GenNx360 portfolio company, has acquired Velocity Aerospace Group, a Frisco, Texas-based provider of aviation MRO and manufacturing services. The deal adds three FAA repair stations in Burbank, Van Nuys and Ft. Lauderdale, brings roughly 140 employees, over 110,000 square feet of facilities and expands PAG's avionics, DER repair and manufacturing capabilities.
-
Precision Aviation Group (GenNx360 Portfolio Company) Acquires Keystone Turbine Services
May 24, 2021
Aerospace & Defense
Precision Aviation Group, a GenNx360 portfolio company, has acquired Keystone Turbine Services (KTS) of Coatesville, Pennsylvania to expand its aerospace MRO capabilities into the Rolls‑Royce M250 engine. The acquisition increases PAG's repair station footprint and diversifies its aftermarket services, while GenNx360 supports the transaction as PAG's controlling private equity sponsor.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.