Divestiture • Aerospace

TRS Global Services Acquires PAS Technologies Ireland

On January 9, 2015, TRS Global Services acquired aerospace company PAS Technologies Ireland from PAS Technologies

Acquisition Context
  • This is TRS Global Services’ 1st transaction in the Aerospace sector.
  • This is TRS Global Services’ 1st transaction in Ireland.

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M&A Deal Summary

Date January 9, 2015
Target PAS Technologies Ireland
Sector Aerospace
Buyer(s) TRS Global Services
Sellers(s) PAS Technologies
Deal Type Divestiture

Target Company

PAS Technologies Ireland

Carrigtwohill, Ireland
PAS Technologies Ireland Ltd. is a provider of Maintenance, Repair, and Overhaul (MRO) services in the land based and aerospace turbine market with an expertise in hot section components.
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Buyer Overview 1

Buyer

TRS Global Services

Houston, Texas, United States

Category Company
Sector Business Services
DESCRIPTION

TRS Global Services provides repair services on a wide range of turbines in a variety of applications. It is specialized in providing component repair and manufacturing processes for industrial, aeroderivative and aircraft gas turbines. TRS Global Services is based in Houston, Texas.


Deal Context for Buyer #
Overall 1 of 2
Sector: Aerospace 1 of 2
Type: Divestiture 1 of 1
Country: Ireland 1 of 1
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-20 TRS Ireland

Cork, Ireland

TRS Ireland is a highly specialized provider of component repair and manufacturing processes for a large range of industrial, aeroderivative and aircraft gas turbines. TRS Ireland has extensive experience as an OEM-approved specialty coating provider of engine component repair and MRO services on blades, vanes and other hot section components for both new engines and a rising number of mature engines and a variety of applications.

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Seller Profile 1

SELLER

PAS Technologies

Kansas City, Missouri, United States

Category Company
Founded 2006
Sector Aerospace
DESCRIPTION

PAS Technologies is a high technology components provider, to expand its portfolio of industry-leading MRO service offerings. PAS specializes in providing cost-effective OEM and MRO solutions for the aerospace, oil and gas, and industrial gas turbine markets. By using innovative and proprietary high-technology processes, along with solutions licensed from OEMs, the company provides great value for customers whose components are exposed to high wear, high heat and corrosive environments. The company’s highly engineered, innovative products are known for advanced technology and unsurpassed reliability.


Deal Context for Seller #
Overall 1 of 1
Sector: Aerospace 1 of 1
Type: Divestiture 1 of 1
Country: Ireland 1 of 1
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Bolton Aerospace

Ipswich, United Kingdom

Bolton Aerospace Ltd. is a provider of precision machined products whose customers are direct OEM suppliers to commercial, aerospace and defense manufacturers.

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