New State Capital Partners, a private equity firm, through its aviation-focused New State Aviation Holdings, has acquired Blackhawk Aerospace, an aircraft performance improvement company.
Headquartered in Waco, Texas, Blackhawk offers engine upgrades for a range of turboprop planes, looking to improve an aircraft’s speed, safety and climb capabilities while extending engine life. The company serves customers worldwide in the commercial and government markets. Blackhawk will join NS Aviation’s aviation investment Avex, a provider of sales and maintenance for the Daher TBM turboprop aircraft, which was acquired in December 2021. Avex and Blackhawk will continue to operate independently while working to expand NS Aviation’s offerings.
“AVEX is a market leader in sales, brokerage and maintenance of the Daher TBM, and Blackhawk is the market leader in turboprop engine upgrades,” comments Chad Cundiff, CEO of New States Aviation Holdings. “Together, they will allow New State Aviation Holdings to offer a broader suite of services and meet more needs of light turbine aircraft owners, across a variety of aircraft manufacturers.”