Architect Equity Acquires AAR's Aerospace Composites Division (renamed Aeromatrix Composites)

AAR CORP. Acquires Aerostrat

August 12, 2025

Aerospace & Defense

AAR CORP. has acquired Seattle-based Aerostrat, a long-range aviation maintenance planning software provider, for $15 million plus contingent consideration of up to $5 million. The deal brings Aerostrat's Aerros product into AAR's Trax suite to expand Trax's ERP and long-range planning capabilities and continue to offer Aerros as a standalone solution to airlines, MROs, and cargo operators.

Spirit AeroSystems Acquires Assets of Applied Aerodynamics

April 27, 2021

Aerospace & Defense

Spirit AeroSystems (NYSE: SPR) acquired the assets of Applied Aerodynamics, a composite MRO provider based in Farmers Branch, Texas. The acquisition expands Spirit’s aftermarket and composite repair capabilities, adding a 120,000-square-foot facility and workforce to improve turnaround times and broaden repair scope for commercial and defense customers.

AAR Corp. Acquires HAECO Americas from HAECO Group

November 3, 2025

Aerospace & Defense

AAR Corp. has acquired HAECO Americas from HAECO Group for $78 million in cash, expanding AAR's heavy maintenance footprint with two facilities in Greensboro, North Carolina and Lake City, Florida. The deal adds roughly 1,600 employees and comes with multi-year heavy maintenance contracts worth over $850 million, which effectively sell out the acquired facilities and support AAR's Repair & Engineering growth strategy.

Arlington Capital Partners Acquires Triumph's Composites Business to Form Qarbon Aerospace

May 10, 2021

Aerospace & Defense

Arlington Capital Partners completed the acquisition of Triumph Group, Inc.'s composites business and has established the business as Qarbon Aerospace. The newly independent company will operate large composite manufacturing facilities in Red Oak, Texas; Milledgeville, Georgia; and Rayong, Thailand, positioning it as a specialized aerostructures supplier to commercial, defense and business-jet OEMs.

Aero Accessories Acquires Aero Instruments & Avionics

November 4, 2024

Aerospace & Defense

Aero Accessories & Repair, LLC, a portfolio company of ATL Partners, has acquired Buffalo, New York-based Aero Instruments & Avionics. The add-on strengthens Aero Accessories' MRO capabilities across avionics, electro-mechanical and other complex aircraft components and expands its presence in the commercial, cargo and defense aftermarket; terms were not disclosed.

ATL Partners Makes Majority Investment in Aero Accessories

November 3, 2022

Aerospace & Defense

ATL Partners has made a majority investment in Aero Accessories & Repair, LLC, a Miramar, Florida-based provider of aerospace component maintenance, repair, and overhaul (MRO) services. The founders, David and Kevin Vail, will remain significant equity holders and management will continue to run the business as ATL looks to support organic growth, geographic expansion and pursue add-on opportunities.