VSE Corporation Acquires Aero 3

Aero 3, Inc. (AeroRepair) Acquires Aircrafters, Inc.

October 4, 2022

Aerospace & Defense

Aero 3, Inc., the parent of AeroRepair and a portfolio company of GenNx360 Capital Partners, has acquired Aircrafters, Inc., a New Castle, Delaware–based distributor of aircraft wheel and brake parts and provider of exchange asset pools. The acquisition expands Aero 3's parts distribution capabilities and North American logistics footprint while keeping Aircrafters' management in place.

Aero 3, Inc. (GenNx360) Acquires Skywheels Ltd.

November 14, 2023

Aerospace & Defense

Aero 3, Inc., a GenNx360 Capital Partners portfolio company and parent of AeroRepair, Aircrafters and Hemico, has acquired Skywheels Ltd., a Cheshire, England-based wheel and brake repair and overhaul provider for the aviation industry. The acquisition adds a U.K./EMEA footprint to Aero 3's existing North American network and is intended to expand Aero 3's product, parts exchange and MRO capabilities across Europe.

VSE Corporation Acquires Global Parts Group, Inc.

July 26, 2021

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) acquired privately held Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million. The deal brings Global Parts' airframe-focused distribution and hydraulics/pneumatics MRO capabilities in Augusta, Kansas into VSE Aviation, expanding VSE's product and repair offerings to the business & general aviation market and adding access to more than 3,000 B&GA customers and ~ $65 million of 2020 revenue.

VSE Corporation Agrees to Acquire Precision Aviation Group in $2.025 Billion Aviation Aftermarket Deal

January 29, 2026

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) entered into a definitive agreement to acquire Precision Aviation Group, Inc. (PAG) from GenNx360 Capital Partners in an upfront cash-and-equity transaction valued at approximately $2.025 billion. The deal includes $1.75 billion in cash, about $275 million of equity issued to GenNx, and up to $125 million of contingent earnout consideration tied to PAG’s 2026 adjusted EBITDA.

VSE Corporation Completes Acquisition of Kellstrom Aerospace Group

December 3, 2024

IT Services

VSE Corporation (NASDAQ: VSEC) closed its previously announced acquisition of Kellstrom Aerospace Group, Inc. (Kellstrom) for approximately $200 million. The deal expands VSE Aviation’s presence in the commercial aerospace engine aftermarket by adding Kellstrom’s engine-focused distribution and MRO/technical services capabilities.

AeroRepair Corp Acquires Landmerk Inc.

October 15, 2021

Aerospace & Defense

GenNx360 Capital Partners portfolio company AeroRepair Corp has acquired Landmerk Inc., an FAA/EASA-certified aircraft wheel and brake repair station based in South Miami, Florida. The deal is AeroRepair's second add-on since GenNx360's 2019 investment and expands the platform's wheels-and-brakes MRO footprint and 24/7 AOG capabilities in South Florida.