GCG Deal Announcement | XLCS Partners, Inc. advised Mitchell Aircraft, LLC
XLCS Partners, Inc. served as exclusive advisor to Mitchell Aircraft, LLC in the acquisition by Jet Parts Engineering (JPE), a portfolio company of Vance Street Capital.
Mitchell Aircraft, based in Cary, IL, is a well-established parts distribution company serving the aerospace industry. Mitchell PMA specialises in FAA-approved airframe and accessory replacement parts, offering a diverse catalog of over 170 components, including rudder balance weights, engine cooling hoses, and cargo door lanyards.
JPE, headquartered in Seattle, WA, is a recognised leader in developing PMA parts, DER repairs, and MRO services for commercial aircraft. With the acquisition of Mitchell PMA, JPE expands its product offerings and strengthens its ability to serve the evolving needs of its global customer base.
The transaction was led by Anthony Contaldo, Partner and Reed McMahon, Senior Associate. Read the press release.