Target
|
Buyer
|
Description
|
|
|
|
-
Target: Hialeah, FL-based Landing Gear Technologies is a specialist in overhaul, repair, and certification of aircraft landing gear systems and components. The company provides end-to-end maintenance support including component repair, system re-certification, testing, and integration services.
-
Buyer: Lincolnshire, IL-based Setna iO is a software and engineering firm specializing in autonomous flight control, sensor fusion, and avionics systems development. The company delivers embedded software, system integration, and testing services for unmanned and advanced air mobility platforms.
-
Terms: Transaction announced on September 1, 2025. Terms not disclosed.
|
|
|
a subsidiary of
|
-
Target: Miami, FL-based Aeroservicios specializes in reconditioning and overhauling used GSE to a near-new standard, as well as selling, hiring and leasing a wide range of new and used GSE and parts from leading manufacturers. The company's equipment includes baggage carts and tractors, loaders, catering trucks, dollies, forklifts, lavatory carts, stairs, tow bars, utility vehicles and more.
-
Buyer: Weldon Spring, MO-based CSI Leasing provides leasing and financing solutions for aircraft and aviation assets, helping operators preserve capital and flexibility. The company offers lease structuring, asset remarketing, and acquisition support for commercial, business, and specialty aircraft.
-
Terms: Transaction announced on September 4, 2025. Terms not disclosed.
|
|
|
|
-
Target: United Kingdom-based HT Servo is a distributor of high-precision servomechanisms, actuators, gimbals, and motion control solutions for aerospace, defense, and industrial applications. The company partners with leading manufacturers to supply, support, and integrate electromechanical control systems and components into mission-critical platforms.
-
Buyer: Sweden-based Teqnion is an industrial group specializing in acquiring and operating niche technology companies across sectors with technical differentiation. The company empowers its subsidiaries with decentralized management, strategic resources, and operational systems to support their autonomous growth and innovation.
-
Terms: Transaction announced on September 24, 2025. Terms not disclosed.
|
|
a portfolio company of
|
|
-
Target: Randolph, NJ-based ADI is a leading distributor of components and assemblies to a broad set of commercial and defense customers across the aerospace and defense industry. The company provides value-added distribution services, including electronic and electromechanical parts and assemblies, to its OEM partners. ADI serves its customers from six locations across the US, UK, and India.
-
Buyer: Wood Dale, IL-based AAR is an aviation services company specializing in supply chain solutions, parts distribution, and maintenance, repair, and overhaul (MRO) operations for commercial and defense aviation. The company provides rotable exchange, component repair, inventory management, and technical support services globally.
-
Terms: Transaction announced on September 25, 2025. Purchase price was $146M, 1.0x and 9.6x TTM Jun-25 revenue and EBITDA, respectively.
|