LFM Capital Acquires Vintage Air from Mangrove Equity Partners

LFM Capital Acquires Vintage Air; Northstar Capital Provides Debt and Co‑Investment

October 16, 2025

Automotive

LFM Capital has acquired Vintage Air, a San Antonio‑based manufacturer of performance aftermarket automotive HVAC systems, making the company a new LFM portfolio company. Northstar Capital provided debt financing and an equity co‑investment to support LFM’s acquisition and future growth initiatives.

Mangrove Equity Partners Invests in Vintage Air, LLC

May 2, 2022

Automotive

Mangrove Equity Partners has made a platform investment in Vintage Air, LLC, a San Antonio–based specialty manufacturer of performance aftermarket air conditioning systems for classic and late-model cars and trucks. The deal brings Mangrove's operational team together with Vintage Air's senior management to expand product R&D, optimize manufacturing efficiency and support a leadership transition for founder Jack Chisenhall.

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 Acquires McFarlane Aviation

October 21, 2021

Aerospace & Defense

Los Angeles-based private equity firm Vance Street Capital acquired McFarlane Aviation, a Baldwin City, Kansas manufacturer and distributor of FAA-PMA aftermarket parts for general aviation. The McFarlane family will retain a meaningful ownership stake alongside Vance Street as the firm positions McFarlane as a platform investment to accelerate growth in the aerospace aftermarket.

Mercer Advisors Acquires Vintage Financial Services, LLC

December 6, 2022

Financial Services

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Vintage Financial Services, LLC, a wealth management firm based in Ann Arbor, Michigan. Vintage serves over 500 clients with more than $850 million in AUM and its full team will join Mercer as part of the firm’s expansion of its Michigan footprint.

Vance Street Capital Acquires Fumex Air Filtration Systems

December 17, 2024

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has partnered with Fumex Air Filtration Systems, a Kennesaw, Georgia-based designer and manufacturer of industrial fume extraction and air filtration solutions. Fumex CEO Kevin East is reinvesting and will remain in place; Vance Street plans to support product development, organic growth and pursue strategic M&A opportunities to expand the business.