M&A Deal Summary |
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Date | 2020-01-07 |
Target | Aero Parts Mart |
Sector | Aerospace |
Buyer(s) | Jet Parts Engineering |
Deal Type | Add-on Acquisition |
Advisor(s) | Kelly Hart & Hallman (Legal) |
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Category | Company |
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Founded | 1994 |
Sector | Aerospace |
Jet Parts Engineering is a designer of proprietary OEM-alternative parts and repair services for the commercial aerospace industry. JPE provides proprietary aftermarket replacement components, known as Parts Manufacturing Approval (“PMA”) and complementary proprietary component repair services, known as Designated Engineering Representative (“DER”) repairs. JPE’s PMA parts and DER repairs deliver significant cost savings to its commercial airline and MRO customers. Jet Parts Engineering was founded in 1994 and is based Seattle, Washington.
DEAL STATS | # |
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Overall | 1 of 4 |
Sector (Aerospace) | 1 of 4 |
Type (Add-on Acquisition) | 1 of 3 |
State (Texas) | 1 of 1 |
Country (United States) | 1 of 4 |
Year (2020) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
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2020-12-22 |
AeroSpares
Orlando, Florida, United States AeroSpares, Inc. designs and sells proprietary aftermarket replacement components, known as Parts Manufacturing Approval (“PMA”) parts. Its portfolio consists of more than 30 PMAs, primarily focused on highly engineered pressure switches for the commercial and cargo markets. AeroSpares was founded in 1993 and is based in Orlando, Florida. |
Buy | - |