Divestiture • Aerospace

VSE Acquires Air Parts & Supply Co.

On January 28, 2015, VSE acquired aerospace company Air Parts & Supply Co. from Killick Aerospace

Acquisition Context
  • This is VSE’s 4th transaction in the Aerospace sector.
  • This is VSE’s 10th transaction in the United States.
  • This is VSE’s 1st transaction in Florida.

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M&A Deal Summary

Date January 28, 2015
Target Air Parts & Supply Co.
Sector Aerospace
Buyer(s) VSE
Sellers(s) Killick Aerospace
Deal Type Divestiture

Target Company

Air Parts & Supply Co.

Miami, Florida, United States
Air Parts & Supply Co., Inc. is an aircraft parts supplier specializing in the distribution of aircraft ignition parts, fuel control parts, starter generators, and starter generator parts for aircraft turbine engines and industrial gas turbine engines for power generation.
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Buyer Overview 1

Buyer

VSE

Alexandria, Virginia, United States

Category Company
Founded 1959
Sector Business Services
Employees1,400
Revenue 1.1B USD (2024)
DESCRIPTION

VSE is a diversified professional services company providing engineering, systems integration, technology and management solutions to customers in the defense, homeland security, law enforcement, energy, and environmental industries. VSE was founded in 1959 and is based in Alexandria, Virginia.


Deal Context for Buyer #
Overall 10 of 17
Sector: Aerospace 4 of 9
Type: Divestiture 4 of 4
State: Florida 1 of 3
Country: United States 10 of 17
Year: 2015 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-28 Kansas Aviation of Independence

Independence, Kansas, United States

Kansas Aviation of Independence LLC is a provider of aircraft engine accessory overhaul and repair services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-10 1st Choice Aerospace

Miramar, Florida, United States

1st Choice Aerospace provides MRO services, including pneumatics, fuel, electro-mechanical, electrical accessories, crew seats, interiors, lavatory systems, oxygen systems, cargo systems, and containers. 1st Choice has Federal Aviation Administration and European Aviation Safety Agency Part 145 certified component repair stations located in Florida and Kentucky. 1st Choice customers include commercial and cargo airline operators, end users, integrators that manage airline repairs, Original Equipment Manufacturers, suppliers, and other MRO providers.

Buy $112M

Seller Profile 1

SELLER

Killick Aerospace

Dublin, Texas, Ireland

Category Company
Founded 2006
Sector Aerospace
DESCRIPTION

Killick Aerospace specializes in providing optimized asset solutions ranging from selling, purchasing, and leasing commercial aircraft and jet engines to selling and exchanging airframe and engine-related components and parts to Airlines and MROs worldwide. Killick Aerospace was formed in 2006 and is based in Dublin.


Deal Context for Seller #
Overall 4 of 4
Sector: Aerospace 4 of 4
Type: Divestiture 4 of 4
State: Florida 1 of 1
Country: United States 4 of 4
Year: 2015 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-28 Kansas Aviation of Independence

Independence, Kansas, United States

Kansas Aviation of Independence LLC is a provider of aircraft engine accessory overhaul and repair services.

Sell -