TDG News & Events

Vance Street Capital is pleased to announce that it has signed a binding Stock Purchase Agreement to sell two of its portfolio companies, Jet Parts Engineering and Victor Sierra Aviation Holdings, to TransDigm Group for $2.2B. Jet Parts, headquartered in Seattle, Washington, is an independent designer and manufacturer of aerospace aftermarket solutions, including proprietary OEM-alternative parts and repairs. Victor Sierra, headquartered in Baldwin City, Kansas, is a designer, manufacturer, and distributor of proprietary PMA and other aftermarket parts serving the commercial aerospace end market - primarily the general and business aviation sectors.

TransDigm Group announced it has entered into a definitive agreement to acquire Jet Parts Engineering and Victor Sierra Aviation Holdings, portfolio companies of Vance Street Capital, for approximately $2.2B in cash, including certain tax benefits. The companies collectively generated approximately $280M in revenue for the calendar year ended December 31, 2025. The acquisition is subject to regulatory approvals in the United States and customary closing conditions.