Platinum Equity Acquires Unical Aviation
August 16, 2021
Platinum Equity has completed the acquisition of Unical Aviation Inc. and certain affiliates (Unical MRO, Unical 145 and Unical Aero) from affiliates of the company's founders. Unical, headquartered in City of Industry, California, is a leading aftermarket supplier of aircraft parts and MRO services with more than 85 million parts in inventory and over 450 employees; Platinum Equity said it will invest to accelerate growth and enhance Unical's position in the global aerospace aftermarket.
- Buyers
- Platinum Equity
- Targets
- Unical Aviation, Unical MRO, Unical 145, Unical Aero
- Sellers
- Affiliates of the company's founders
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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