Vance Street Capital Acquires McFarlane Aviation

Vance Street's Victor Sierra (VS Aviation) Acquires Aviation Products Systems, Inc.

August 14, 2024

Aerospace & Defense

Vance Street Capital rebranded its aviation portfolio as Victor Sierra Aviation Holdings (VS Aviation) and acquired Aviation Products Systems, Inc. (APS), a founder-owned supplier of proprietary replacement wheel & brake components and custom hose kits for general and business aviation. The acquisition is a tuck‑in add-on to expand VS Aviation's PMA product offering into the wheel & brakes segment and broaden its aftermarket capabilities.

Vance Street Capital Invests in Aero Group Holdings (Tempest Aero Group)

April 4, 2023

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has invested in Aero Group Holdings LLC, which operates Tempest Aero Group, a Burlington, North Carolina-based portfolio of FAA-PMA brands that design and manufacture replacement components for the general aviation market. Founders Tim Henderson and Mike Allen retain meaningful ownership, and Mike Allen will continue as CEO; financial terms were not disclosed.

Vance Street Capital Acquires Mountain Manufacturing Technologies (Add-on to Wytech Industries)

October 13, 2022

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Mountain Manufacturing Technologies, a Lino Lakes, Minnesota contract manufacturer of precision mandrels and machined components for medical devices. The deal will complement Vance Street's existing portfolio company Wytech Industries by expanding mandrel capabilities and supporting growth in interventional and advanced surgical markets.

McFarlane Aviation (Vance Street Capital) Acquires Airforms, Inc.

June 21, 2022

Aerospace & Defense

McFarlane Aviation, a portfolio company of Vance Street Capital, has acquired Airforms, Inc., a Wasilla, Alaska-based designer and manufacturer of proprietary aftermarket PMA parts for general aviation. The transaction is McFarlane's first strategic add-on since its acquisition by Vance Street in October 2021 and will expand McFarlane's PMA catalog and engineering capabilities.

Vance Street Capital Partners with Polara Enterprises

December 14, 2021

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has partnered with Polara Enterprises LLC, a Greenville, Texas-based maker of accessible pedestrian signals and pedestrian safety products. The McGaffey family rolled a significant ownership stake and will remain in management while Vance Street will support product innovation, IoT/connectivity initiatives and pursue complementary M&A; debt financing was provided by Barings' Global Private Credit.

Jet Parts Engineering Acquires Aero Parts Mart

January 7, 2020

Aerospace & Defense

Jet Parts Engineering LLC, a portfolio company of Vance Street Capital, has acquired Aero Parts Mart, Inc., a Fort Worth-based manufacturer of FAA-approved PMA replacement components. The transaction — the first strategic add-on for Jet Parts since partnering with Vance Street — expands the platform’s PMA catalogue (APM brings over 250 PMAs) to a combined offering of more than 1,300 PMAs; terms were not disclosed and debt financing was provided by Neuberger Berman.