02 Investment acquires Louisville-based First Class Air Support/Cargo Repair

02 Investment Partners, LLC, a Midwestern private equity firm, has announced the acquisition of Louisville-based First Class Air Support and Cargo Repair, the company said.

XLCS Partners, Inc. served as exclusive advisor to First Class Air Support, Inc. (FCAS) and Cargo Repair, LLC in the sale.

FCAS is a supplier of components to the cargo aviation industry and serves the aerospace aftermarket. Cargo Repair, is an FAA and EASA 145 certified repair station specializing in the repair and overhaul of cargo loading systems and components.

O2 Investment Partners seeks to acquire majority interests in lower middle market B2B services, technology, and select niche industrial companies.

XLCS Partners, Inc. is a middle market investment bank that provides M&A advisory services to select clients globally.