7200 Earhart Road,
Oakland, California 94621
First Aviation Services Inc. ("First Aviation") was established in June 1995 by First Equity Group ("First Equity") to acquire National Airmotive Corporation (“NAC”). In November 1999, NAC was sold to Rolls-Royce North America, Inc. for an adjusted sales price of approximately $71 million.
National Airmotive was acquired by Rolls-Royce North America on November 01, 1999.
Join Mergr to view all 14 acquisitions of aerospace companies in 1999, including 3 acquisitions by private equity firms, and 11 by strategics.
Out of 60 sectors in the Mergr database, aerospace ranked 33 in number of deals in 1999. The largest aerospace acquisition in 1999 was Gulfstream Aerospace - which was acquired by General Dynamics for $5.3B.
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