GenNx360 Capital Partners has announced the acquisition of a majority interest in New Hampshire-based AeroRepair Corp, the company said.
AeroRepair is a provider of wheel and brake maintenance, repair and overhaul services to the commercial, corporate and general aviation industry. The company also provides landing gear, battery and miscellaneous component maintenance and repair services and through its sister company, Hemico, provides Parts Manufacturer Approval (PMA) engineering services and Designated Engineering Representative (DER) approved repairs.
GenNx360 Capital Partners is a private equity firm focused on investing in middle market business services and industrial companies. GenNx360 partners with companies having proven and sustainable business models in expanding industries, with the objective of implementing and supporting value-enhancing organic and inorganic initiatives to accelerate growth, deliver efficiencies and generate strong financial returns. Target industries include aerospace and defense, packaging, industrial machinery and components, logistics and supply chain solutions, industrial and environmental services.