# Jet Parts Engineering acquires component repair firm Northeast Aero Compressor

Jet Parts Engineering, a portfolio company of Vance Street Capital, bought Northeast Aero Compressor (NEACO), a repair business for complex pneumatic, hydraulic and electro-mechanical aircraft parts. The deal broadens Jet Parts' repair services across cargo, commercial and military aviation. Terms were not published.

- Type: Acquisition
- Announced: 2022-12-01
- Status: completed
- Products: aircraft component repair services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Jet Parts Engineering](https://endata.com/companies/9948.md) (acquirer)
- [Northeast Aero Compressor](https://endata.com/companies/9949.md) (target)
- [Vance Street Capital](https://endata.com/companies/9950.md) (investor)

## Sources

- [aviationnews-online.com](https://www.aviationnews-online.com/public/article/jet-parts-engineering-broadens-repair-services-with-acquisition), 2022-12-01: "Jet Parts Engineering, a portfolio company of Vance Street Capital, has bought Northeast Aero Compressor, a component repair business."

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