Jet Parts Engineering Acquires Northeast Aero Compressor
December 1, 2022
Jet Parts Engineering (a portfolio company of Vance Street Capital) has acquired Northeast Aero Compressor (NEACO), a Bohemia, New York-based aerospace component repair specialist. The add-on expands Jet Parts' PMA and DER offerings with complex pneumatic, hydraulic and electro-mechanical repair capabilities; Vance Street supported the transaction and Neuberger Berman provided debt financing.
- Buyers
- Jet Parts Engineering, Vance Street Capital
- Targets
- Northeast Aero Compressor
- Sellers
- Linda and Mike Gibson (Gibson family)
- Platforms
- Jet Parts Engineering
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Addon
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