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Jet Parts Engineering, A Portfolio Company Of Vance Street Capital, Acquires Northeast Aero Compressor

Dec 01, 2022•about 3 years ago

Acquiring Company

Jet Parts Engineering

Acquired Company

Northeast Aero Compressor

Description

Jet Parts Engineering ("JPE"), a leading designer of proprietary OEM-alternative parts and repair services for the commercial aerospace industry and a portfolio company of Vance Street Capital, today announced it has acquired Northeast Aero Compressor ("NEACO" or the "Company"), a leading aerospace component repair business focused on complex pneumatic, hydraulic and electro-mechanical parts in commercial and cargo aircraft.

Company Information

Company

Jet Parts Engineering

About

JPE is a recognized leader in developing PMA parts, DER repairs, and MRO services for commercial aircraft. With the acquisition of Mitchell PMA, JPE expands its product offerings and strengthens its ability to serve the evolving needs of its global customer base.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed