Dec 202503
Precision Aviation Group buys H.E.R.O.S.
Backed by GenNx360 Capital Partners
Rolls-Royce M250/RR300 engine MRO provider based in Chandler, Arizona
UndisclosedClosed Dec 3, 2025
Tracker · Private equity
GenNx360 Capital Partners: Defense Investment History
11 defense buys: 0 by the firm and 11 add-ons by companies it backs. It sold 3 businesses in that time.
GenNx360 Capital Partners and the companies it backs made 3 defense buys in each of 2020 and 2021, their busiest years
Buys by the firm and add-ons by companies it backs, by year announced.
Bought by the firmAdd-ons by companies it backs
2020 0 + 33
2021 0 + 33
2022 0 + 11
2024 0 + 22
2025 0 + 22
Source: company, investor and government releases and SEC filings.
TGOs tgos.io
Add-ons by companies it backs 11
Jul 202515
Precision Aviation Group buys Turner Aviation
Backed by GenNx360 Capital Partners
Aviation MRO services provider in Glasgow, Scotland, repairing and overhauling avionics, components and fuel systems
UndisclosedClosed Jul 15, 2025
Sep 202430
Precision Aviation Group buys TAG Aero
Seller: Mill Hill Capital · Backed by GenNx360 Capital Partners
FAA/CAA/EASA-approved repair station focused on auxiliary power units (APUs), based in Rock Hill, South Carolina
UndisclosedClosed Sep 30, 2024
Sep 202430
Precision Aviation Group buys ICON Aerospace
Seller: Mill Hill Capital · Backed by GenNx360 Capital Partners
FAA/CAA/EASA-approved repair station for the repair and overhaul of avionics, instruments, radios and accessories, based in Indian Trail, North Carolina
UndisclosedClosed Sep 30, 2024
Aug 202223
Precision Aviation Group buys PTB Group
Backed by GenNx360 Capital Partners
MRO services on Pratt & Whitney PT6 and Honeywell TPE331 engines, engine and airframe leasing, and aviation supply chain services; listed on the Australian Securities Exchange
UndisclosedClosed Mar 7, 2023
Nov 202124
Precision Aviation Group buys Velocity Aerospace Group
Backed by GenNx360 Capital Partners
Aviation MRO services and manufacturing, with three FAA repair stations in Burbank and Van Nuys, California and Ft. Lauderdale, Florida
UndisclosedClosed Nov 24, 2021
Aug 202111
Precision Aviation Group buys Trace Aviation Group
Backed by GenNx360 Capital Partners
MRO capabilities on King Air/1900 landing gear assemblies, based in Jackson, Mississippi
UndisclosedClosed Aug 11, 2021
May 202126
Precision Aviation Group buys Keystone Turbine Services
Backed by GenNx360 Capital Partners
OEM-approved aftermarket MRO services for operators of the Rolls-Royce M250 series of gas turbine engines, based in Coatesville, Pennsylvania
UndisclosedClosed May 26, 2021
Oct 202028
Precision Aviation Group buys EFIX Aviation Support
Backed by GenNx360 Capital Partners
Brazil-based maintenance, repair and overhaul services for landing gear, hydraulic/pneumatic, electrical accessories, starter generators, batteries and avionics
UndisclosedClosed Oct 28, 2020
Apr 202002
AeroRepair buys Dallas Centerline
Backed by GenNx360 Capital Partners
Wheel and brake repair and overhaul services, based in Dallas, Texas
UndisclosedClosed Apr 2, 2020
Jan 202028
Precision Aviation Group buys World Aviation
Backed by GenNx360 Capital Partners
Toronto-based rewind and repair of rotary and static electrical generators and motor sub-components
UndisclosedClosed Jan 28, 2020
Sold 3
Jan 202629
VSE buys Precision Aviation Group
Seller: GenNx360 PAG Buyer
Global provider of aviation aftermarket MRO, distribution, and supply chain services supporting business and general aviation, rotorcraft, and defense end markets.
Up to $2.02 billionClosed May 5, 2026
Oct 202527
VSE buys Aero 3
Seller: GenNx360 Capital Partners
Diversified global MRO service provider and distributor supporting the commercial wheel and brake aftermarket.
$350 millionClosed Dec 23, 2025
Apr 202001
Pine Island Capital Partners buys Precinmac
Seller: GenNx360 Capital Partners
Supplier of complex precision components for mission-critical applications in aerospace, defense, space, semiconductor and other high-requirements end markets
UndisclosedClosed Apr 2020
Every firm in the private equity tracker · How we build this data