VSE Corporation Completes Aero 3 Acquisition
VSE Corporation (VSEC)
US:NASDAQ Investor Relations:
ir.vsecorp.com
Company Research
Source: Business Wire
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that the Company has closed its previously announced acquisition of GenNx/AeroRepair IntermediateCo Inc., the parent company of Aero 3, Inc. (“Aero 3”), a portfolio company of GenNx360 Capital Partners. Aero 3 is a diversified global Maintenance, Repair and Overhaul (MRO) service provider and distributor supporting the commercial wheel and brake aftermarket.MANAGEMENT COMMENTARY“This acquisition marks a meaningful step forward for VSE as we continue to expand our aviation aftermarket distribution and repair capabilities and deepen our OEM partnerships,” said John Cuomo, President and Chief Executive Officer of VSE Corporation. “Aero 3 brings a proven operating model, a strong leadership team, complementary repair expertise, and a global footprint that will strengthen our position as a leading provider
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