M&A Deal Summary

Precision Aviation Group Acquires World Aviation

On January 21, 2020, Precision Aviation Group acquired aerospace company World Aviation

Acquisition Highlights
  • This is Precision Aviation Group’s 2nd transaction in the Aerospace sector.
  • This is Precision Aviation Group’s 1st transaction in Canada.
  • This is Precision Aviation Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-01-21
Target World Aviation
Sector Aerospace
Buyer(s) Precision Aviation Group
Deal Type Add-on Acquisition

Target

World Aviation

Concord, Ontario, Canada
World Aviation Corp. provides repairs and modifications to an electrical generator and motor sub-components, used in both civil and military aircraft. WAC specializes in the rewind and repair of rotary and static electrical (air and oil-cooled) generator sub-components. World Aviation Corp. was established in 1993 and is based in Concord, Ontario.

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Buyer(S) 1

Buyer

Precision Aviation Group

Atlanta, Georgia, United States
Category Company
Founded 1993
Sector Aerospace
DESCRIPTION

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 2 of 9
Sector (Aerospace) 2 of 6
Type (Add-on Acquisition) 2 of 9
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Momentum Services

Camarillo, California, United States

Momentum Services Corp. is an FAA Certified Part 145 Repair Station specializing in Aviation Cockpit Display Repair, operating a State-of-the-Art facility encompassing over 10,000 square feet and utilizing a Class 100 Clean Room. Momentum Services Corp. has twenty-five years’ experience repairing LCD/Flat Panel Displays and developing LCD test and repair processes, tooling and equipment. Momentum offers Global Service Solutions for Commercial and Military Aviation displays of all sizes with significant cost savings, high-yield, and minimum turn time

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 Efix

São José dos Campos, Brazil

Efix specializes in Maintenance, Repair, and Overhaul (MRO) services for the South American aerospace and defense market. The company’s diverse capabilities include landing gear, hydraulic/pneumatic, electrical accessories, starter generators, batteries, and avionics. Efix is based in São José dos Campos, Brazil.

Buy -
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