Aerospace & Defense Acquisitions in Mississippi

  • Buyer
    NTC Group, Inc., AEA Private Debt, Regions Capital Markets (Regions Bank)
    Target
    Tenax Aerospace
    Seller
    Bain Capital Credit (Bain Capital)

    NTC Group completed a refinancing and buyout of junior capital that consolidates its ownership of Tenax Aerospace to approximately 80%, ending Bain Capital Credit’s investment. The transaction included new junior capital led by AEA Private Debt and senior debt facilities arranged by Regions Capital Markets to support Tenax’s next phase of growth.

  • Buyer
    Precision Aviation Group, Inc. (PAG), GenNx360 Capital Partners
    Target
    Trace Aviation Group
    Type
    Addon

    Precision Aviation Group (PAG), a GenNx360 Capital Partners portfolio company, has acquired Trace Aviation Group of Jackson, Mississippi. The add-on expands PAG's landing gear MRO capabilities—particularly for Beechcraft King Air/1900 landing gear exchanges and overhauls—and gives Trace access to PAG's $50M rotable inventory to broaden product and service offerings.

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