M&A Deal Summary

Jet Parts Engineering Acquires Aero Parts Mart

On January 7, 2020, Jet Parts Engineering acquired aerospace company Aero Parts Mart

Acquisition Highlights
  • This is Jet Parts Engineering’s 1st transaction in the Aerospace sector.
  • This is Jet Parts Engineering’s 1st transaction in the United States.
  • This is Jet Parts Engineering’s 1st transaction in Texas.

M&A Deal Summary

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)

Target

Aero Parts Mart

Fort Worth, Texas, United States
Aero Parts Mart, Inc. designs and sells proprietary aftermarket replacement components, known as Parts Manufacturing Approval (“PMA”) parts. Aero Parts Mart was founded in 1999 and is based in Fort Worth, Texas.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Jet Parts Engineering

Seattle, Washington, United States

Category Company
Founded 1994
Sector Aerospace
DESCRIPTION

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 #
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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
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 -