ATL Partners, a private equity firm that invests in aerospace, transportation and logistics companies, has made a majority investment in Aero Accessories & Repair LLC, a provider of aerospace component maintenance, repair and overhaul (MRO) services.

Headquartered in Miramar, Fla., Aero Accessories focuses on the repair of components across fuel, hydraulics, pneumatics and power generation systems and serves customers in the cargo, commercial, and defense end markets. The management team, including founders David Vail and Kevin Vail, will maintain a significant equity stake and continue to lead the business.

“As we partner with ATL, we look forward to accelerating our growth trajectory by capturing more opportunities in our core commercial and cargo markets in North America and expanding our focus globally and in new capabilities and end markets such as defense,” states David and Kevin. “ATL has a track record of successfully partnering with founders, and we look forward to leveraging their extensive industry experience as we enter our next phase of growth.”

Houlihan Lokey served as financial advisor and Greenberg Traurig LLP served as legal counsel to Aero Accessories. Gibson, Dunn & Crutcher LLP served as legal counsel to ATL.