Jet Parts Engineering LLC, a portfolio company of Vance Street Capital, has acquired AeroSpares Inc. With the deal, aerospace parts designer Jet makes its second acquisition since Vance invested in July 2018.
“AeroSpares is a true innovator in the aerospace business,” says Vance principal Nicholas Janneck. “Each of their parts imbeds technology that improves the performance and reliability of their parts compared to the originally designed parts.” Vance focuses on middle market businesses in the industrial technology and medical markets.
Vedder Price LLP is acting as legal advisor to Vance. West PLC is serving as legal advisor to AeroSpares.