# VSE Corporation acquires Global Parts Group for $38 million

VSE Corporation (NASDAQ: VSEC) has acquired privately held Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million. Global Parts is an aftermarket distribution and MRO services provider for the business and general aviation market, based in Wichita, Kansas.

- Type: Acquisition
- Announced: 2021-07-26
- Where: Wichita, Kansas, United States
- Value: $38.0M
- Status: completed
- Products: airframe components, hydraulics and pneumatics MRO
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [VSE Corporation](https://endata.com/companies/32113.md) (acquirer)
- [Global Parts Group](https://endata.com/companies/56658.md) (target)

## Sources

- [ir.vsecorp.com](https://ir.vsecorp.com/sec-filings/all-sec-filings/content/0000102752-21-000075/vsecorporationacquiresglob.htm), 2021-07-26: "VSE Corporation (NASDAQ: VSEC) ... today announced that it has acquired privately held Global Parts Group, Inc. (Global Parts) in an all-cash transaction valued at approximately $38 million."
- [vseaviation.com](https://www.vseaviation.com/news/vse-corporation-acquires-global-parts-group-inc), 2021-07-26: "VSE Corporation has acquired Global Parts Group, Inc., effective July 26, 2021."
- [globalair.com](https://www.globalair.com/articles/vse-corporation-acquires-global-parts-group/3205), 2021-08-05: "We are pleased to welcome the Global Parts team to the VSE family."

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