VSE Corporation

VSE Corporation entered a definitive agreement to acquire Precision Aviation Group, a provider of aviation MRO services, for approximately $2.025 billion in cash and equity.

VSE Corporation has entered into a definitive agreement to acquire Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners, for approximately $2.025 billion in cash and equity. The acquisition expands VSE's aviation aftermarket capabilities.

VSE Aviation, a subsidiary of VSE Corporation, acquired 1st Choice Aerospace, a provider of component MRO services and products for commercial aircraft, for an initial cash purchase price of $112 million, with potential additional payments of up to $40 million.

VSE Corporation entered into a definitive agreement to acquire Precision Aviation Group (PAG), a global provider of aviation MRO services and distribution, for approximately $2.025 billion in cash and equity. PAG is a portfolio company of GenNx360 Capital Partners.