JLL Partners Acquires PowerParts Group to Build Power Turbine Aftermarket Components Platform
January 27, 2026
JLL Partners acquired PowerParts Group, a provider of mission-critical aftermarket replacement parts and field services for gas- and steam-turbine power plants. The investment will serve as the foundation for an engineering-centric power generation components platform, with plans to expand capacity and capabilities through organic initiatives and strategic acquisitions.
- Buyers
- JLL Partners
- Targets
- PowerParts Group
- Sellers
- Mangrove Equity Partners
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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