JSSI Acquires SierraTrax

JSSI Acquires TRAXXALL

December 14, 2021

Cloud & SaaS

Jet Support Services, Inc. (JSSI) has acquired TRAXXALL, a Montreal-based provider of SaaS aircraft maintenance tracking and parts inventory management. The deal brings TRAXXALL into JSSI's SaaS division to accelerate JSSI's digital offerings and expand its maintenance-tracking capabilities for business aviation customers.

Blackstone Credit & Insurance Recapitalizes Jet Support Services (JSSI)

December 13, 2024

Aerospace & Defense

Blackstone Credit & Insurance provided over $1 billion in new financings to support the recapitalization of Jet Support Services, Inc. (JSSI), joining equity alongside existing sponsors GTCR and Genstar Capital. The financing (part of >$1.8 billion in debt and equity provided by Blackstone-managed funds) is intended to strengthen JSSI's capital structure, enhance operational capabilities, and support continued growth in the business aviation aftermarket.

Lynx Software Technologies Acquires Thompson Software Solutions

January 10, 2024

Aerospace & Defense

Lynx Software Technologies has acquired Thompson Software Solutions (TSS), a provider of mission‑critical software development, engineering, and integration services for aerospace and defense and commercial space customers. The deal strengthens Lynx’s capabilities across avionics, embedded software, DevSecOps, cybersecurity, and managed/professional services; TSS leadership has taken senior roles within Lynx following close.

3SI Security Systems Acquires CovertTrack

December 13, 2019

Manufacturing

3SI Security Systems has acquired CovertTrack, an Arizona-based developer of GPS tracking and covert surveillance equipment and services for law enforcement. The acquisition strengthens 3SI’s law enforcement division by adding CovertTrack’s technical surveillance products, customer relationships, and engineering capabilities to 3SI’s asset-protection and GPS tracking offerings.

GPSTrackit (Inverness Graham-backed) Acquires Fleet Trax

March 15, 2019

Cloud & SaaS

Inverness Graham Investments’ portfolio company GPSTrackit has acquired Fleet Trax, Inc. as an add-on to scale its IoT fleet-management and telematics SaaS platform. The acquisition expands GPSTrackit’s technology and vertical market capabilities across North and South America; financial terms were not disclosed.

TransDigm Acquires Jet Parts Engineering and Victor Sierra Aviation Holdings

January 19, 2026

Aerospace & Defense

TransDigm Group Incorporated has agreed to acquire Jet Parts Engineering (JPE) and Victor Sierra Aviation Holdings (VSA), both portfolio companies of Vance Street Capital, for approximately $2.2 billion in cash. The transaction expands TransDigm’s presence in the commercial aerospace aftermarket by adding engineered PMA/OEM-alternative parts, repair capabilities and distribution for commercial, regional, cargo, and business aviation customers.