Precision Aviation Group Expands its Capabilities with Acquisitions of Icon Aerospace and Tag Aero
Acquiring Company
Precision Aviation Group
Acquired Company
Icon Aerospace
Atlanta
WorksopRock HillAerospaceManufacturingAerospaceAerospaceDescription
Precision Aviation Group, a leading provider of comprehensive support for rotary and fixed-wing aircraft, has expanded its capabilities through the strategic acquisitions of Icon Aerospace and Tag Aero. These acquisitions will enhance PAG's product offering and strengthen its position in the aerospace industry.
Quick answer
Precision Aviation Group is acquiring Icon Aerospace and TAG Aero, announced September 30, 2024. Precision Aviation Group is based in Atlanta, Georgia, United States.
- How much did Precision Aviation Group pay for Icon Aerospace?
- The deal value was not disclosed.
- What does Precision Aviation Group do?
- Precision Aviation Group (PAG) is a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the aerospace and defense industries.
- Where are Precision Aviation Group and Icon Aerospace based?
- Precision Aviation Group is based in Atlanta, Georgia, United States. Icon Aerospace is based in Worksop, Nottinghamshire, United Kingdom.
- Who are the decision-makers at Precision Aviation Group?
- Fundz holds 3 contacts at Precision Aviation Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Aerospace and Aerospace
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Branford Castle Partners acquires Testek Solutions, a Leading Aviation Component Testing Equipment Company (November 12, 2024)
- Wabtec Corporation acquires Fanox Electronic, S.L. & Kompozitum to strengthen its Transit Business (November 12, 2024)
- Standex International Corporation acquires Amran Instrument Transformers and Narayan Powertech Pvt. Ltd. in landmark transactions (October 29, 2024)
- Honeywell completes acquisitions of CAES Systems and Air Products' LNG Business as part of portfolio enhancement (October 24, 2024)
- Precision Aviation Group, Inc. (PAG) acquires ICON Aerospace and TAG Aero to expand airline avionics and engine services capabilities (October 21, 2024)
- Honeywell Completes $1.81B Acquisition of Air Products' LNG Solutions Unit, $1.8B (October 3, 2024)
Who to call at Precision Aviation Group, and when
When Precision Aviation Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Precision Aviation Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Precision Aviation Group, from your own LinkedIn network
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Frequently asked
Who acquired Icon Aerospace?
Icon Aerospace was acquired by Precision Aviation Group, based in Atlanta. The deal was reported on September 30, 2024. Precision Aviation Group (PAG) is a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the aerospace and defense industries. Precision Aviation Group is privately held and operates in Aerospace.
When did Precision Aviation Group acquire Icon Aerospace?
Precision Aviation Group's acquisition of Icon Aerospace was reported on September 30, 2024. Precision Aviation Group, a leading provider of comprehensive support for rotary and fixed-wing aircraft, has expanded its capabilities through the strategic acquisitions of Icon Aerospace and Tag Aero. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Icon Aerospace do?
Icon Aerospace Technology LTD provides innovation and value-enhancing solutions to the Aerospace and Defense sector. We are the partner of choice on many new high-growth platforms in aerospace. It is privately held, operating in Manufacturing, and is based in Worksop.
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