M&A Deal Summary |
|
|---|---|
| Date | 2022-03-15 |
| Target | Velocity Aerospace Group |
| Sector | Aerospace |
| Buyer(s) | Precision Aviation Group |
| Sellers(s) | Prospect Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Aerospace |
Precision Aviation Group is a provider of products and value-added services to the worldwide aerospace and defense industry. With nine locations and more than 260,000-square-feet of sales and service facilities in the United States, Canada, Australia, Brazil, and Singapore, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain, and its Inventory Supported Maintenance, Repair and Overhaul services. Precision Aviation Group is headquartered in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Aerospace) | 5 of 6 |
| Type (Add-on Acquisition) | 6 of 9 |
| State (Texas) | 1 of 1 |
| Country (United States) | 4 of 6 |
| Year (2022) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-11 |
Trace Aviation
Jackson, Mississippi, United States Trace Aviation provides MRO capabilities on King Air/1900 landing gear assemblies. The company developed in-house capabilities to deliver Beechcraft King Air landing gear built per aircraft specification, serial number, and configuration. TA repairs worn bores and bushings, brace assemblies, hydraulics, actuator housings, cylinder bearings and axles. Trace Aviation was founded in 2004 and is based in Jackson, Mississippi. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-23 |
PTB
Pinkenba, Australia PTB provides maintenance, repair, and overhaul services (MRO) on Pratt & Whitney PT6 and Honeywell TPE331 engines, leases engines and airframes, and provides aviation supply chain services. PTB was founded in 2001 and is based in Pinkenba, Australia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 470M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Partners, LLC is a lower middle-market private equity firm that focuses on management buyouts and recapitalization of small companies. Prospect looks to invest $2 to $30 million of equity capital in companies with revenues of $15 to $100 million and EBITDA up to $10 million. The Firm targets opportunities in a variety of sectors spanning many sub-sectors of manufacturing, specialty distribution, and service. Transactions of interest include leverage recapitalizations, industry consolidations, corporate orphans, generational sales, under-managed companies, and backing independent equity sponsors. Prospect Partners was formed in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 37 |
| Sector (Aerospace) | 1 of 1 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Texas) | 5 of 5 |
| Country (United States) | 36 of 37 |
| Year (2022) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-18 |
Landmark Irrigation
Madera, California, United States Landmark Irrigation is a full-service designer and installer of custom agricultural irrigation systems for Central California's farm community. Landmark Irrigation specializes in drip and micro-sprinkler systems. Landmark Irrigation was established in 1990 and is based in Madera, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-15 |
Blackwood Solutions
Bloomington, Indiana, United States Blackwood Solutions is a top-tier transportation and recycling company that specializes in providing safe and practical solutions. The company range of services includes new pole hauling, wood recycling for treated and untreated products, concrete recycling, inventory management yards, and storm response solutions. Blackwood Solutions was founded in 2016 and is based in Bloomington, Indiana. |
Buy | - |
