M&A Deal Summary |
|
|---|---|
| Date | 2024-10-07 |
| Target | Mitchell Aircraft - PMA |
| Sector | Aerospace |
| Buyer(s) | Jet Parts Engineering |
| Sellers(s) | Mitchell Aircraft |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| 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 | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Aerospace) | 4 of 4 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-01 |
NEACO
Bohemia, New York, United States NEACO is an aerospace component repair business focused on complex pneumatic, hydraulic and electro-mechanical parts in commercial and cargo aircraft. The business has a history of solving complex problems for its airline partners, organically growing their service offering by developing unique repair and testing processes approved by the FAA. NEACO was formed in 1989 and is based in Bohemia, New York. |
Buy | - |
Mitchell Aircraft specializes in the distribution of high-quality aircraft parts and services for airlines, cargo operators, and maintenance, repair, and overhaul (MRO) facilities. Mitchell Aircraft is based in Cary, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Aerospace) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
