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Jet Parts Engineering, a Vance Street Capital portfolio company, has acquired Northeast Aero Compressor (NEACO), an FAA-certified repair station in Bohemia, New York. It plans significant investment at the facility. The article is dated December 2022, so the date may be older than the metadata.
Private-equity-backed JPE, a designer of OEM-alternative parts and repair services for commercial aerospace, bought Northeast Aero Compressor, a component repair firm. The article is dated 1 December 2022.
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.
