Precision Aviation Group, Inc. (PAG) acquires ICON Aerospace and TAG Aero to expand airline avionics and engine services capabilities
Acquiring Company
Precision Aviation Group
Acquired Company
ICON Aerospace
AtlantaIndian TrailRock HillAerospaceAerospaceAerospaceDescription
Precision Aviation Group, Inc. (PAG), a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, has strategically acquired ICON Aerospace and TAG Aero. This strategic move significantly enhances PAG's avionics and engine services capabilities while broadening its product offerings for the airline market.
Quick answer
Precision Aviation Group is acquiring ICON Aerospace and TAG Aero, announced October 21, 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 Indian Trail, North Carolina, United States.
- 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.
- Precision Aviation Group Expands its Capabilities with Acquisitions of Icon Aerospace and Tag Aero (September 30, 2024)
- Yingling Aviation completes acquisition of Bevan Aviation to expand aircraft maintenance and avionics capabilities (September 19, 2024)
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- MARA Holdings to acquire Texas wind farm for sustainable Bitcoin mining operations (December 3, 2024)
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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 October 21, 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 October 21, 2024. Precision Aviation Group, Inc. (PAG), a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, has strategically acquired 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 is an FAA/CAA/EASA-approved repair station specializing in Avionics, Accessories and Electronics. It is privately held, operating in Aerospace, and is based in Indian Trail.
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