Vance Street Capital is pleased to announce that it has signed a binding Stock Purchase Agreement to sell two of its portfolio companies, Jet Parts Engineering and Victor Sierra Aviation Holdings, to TransDigm (TDG) Group for $2.2B. Jet Parts, headquartered in Seattle, Washington, is an independent designer and manufacturer of aerospace aftermarket solutions, including proprietary OEM-alternative parts and repairs. Victor Sierra, headquartered in Baldwin City, Kansas, is a designer, manufacturer, and distributor of proprietary PMA and other aftermarket parts serving the commercial aerospace end market – primarily the general and business aviation sectors.
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