# StandardAero to acquire PAS Technologies from KRG Capital

StandardAero Holdings agreed to acquire PAS International Holdings, a provider of aerospace and industrial gas turbine components, from KRG Capital Partners. The deal was announced on March 29, 2017.

- Type: Acquisition
- Announced: 2017-03-29
- Where: United States
- Status: announced
- Products: aerospace components, industrial gas turbine components, oil and gas valve components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [KRG Capital Partners](https://endata.com/companies/1249.md) (investor)
- [PAS International Holdings](https://endata.com/companies/1250.md) (target)
- [PAS Technologies](https://endata.com/companies/16765.md) (target)
- [StandardAero](https://endata.com/companies/18163.md) (acquirer)

## Sources

- [aviator.aero](https://aviator.aero/press/krg-capital-portfolio-company-pas-technologies-enters-into-agreement-to-be-acquired-by-standardaero-holdings-inc-), 2017-03-29: "PAS is a great fit with StandardAero and we are confident the PAS team will enjoy continued success with their new strategic partner."
- [standardaero.com](https://standardaero.com/standardaero-agrees-to-acquire-pas-technologies-to-expand-mro-portfolio-2/), 2017-03-29: "We are very pleased to announce this strategic acquisition and we welcome all PAS Technologies employees and customers to the StandardAero family."
- [aviationweek.com](https://aviationweek.com/air-transport/standardaero-makes-bid-pas-technologies), 2017-03-30: "StandardAero announced plans March 29 to purchase PAS Technologies for an undisclosed sum."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.