Acquiring Company
VSE
Acquired Company
Desser Holding Company
Description
VSE Corporation (NASDAQ: VSEC; “VSE”, or the “Company”), a leading provider of aftermarket distribution and maintenance, repair and overhaul (“MRO”) services for air, land and sea transportation assets for commercial and government markets, announced today it has closed its previously announced acquisition of Desser Holding Company LLC (“Desser Aerospace”), a global aftermarket solutions provider of specialty distribution and MRO services. Concurrent with the purchase of Desser Aerospace, VSE sold Desser Aerospace’s Proprietary Solutions businesses to the Loar Group Inc. (“Loar”), a diversified manufacturer and supplier specializing in aerospace and defense.
Quick answer
VSE is acquiring Desser Holding Company, announced July 3, 2023. VSE is based in Miramar, Florida, United States.
- How much did VSE pay for Desser Holding Company?
- The deal value was not disclosed.
- What does VSE do?
- VSE Corp. is a provider of aftermarket parts distribution and maintenance, repair, and overhaul services in the aviation industry.
- Where are VSE and Desser Holding Company based?
- VSE is based in Miramar, Florida, United States.
- Who are the decision-makers at VSE?
- Fundz holds 2 contacts at VSE. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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When VSE changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Desser Holding Company?
Desser Holding Company was acquired by VSE, based in Miramar. The deal was reported on July 3, 2023. VSE Corp. is a provider of aftermarket parts distribution and maintenance, repair, and overhaul services in the aviation industry. The firm is publicly traded on the Nasdaq under the ticker symbol VSEC. VSE is publicly traded (VSEC) and operates in Aerospace.
When did VSE acquire Desser Holding Company?
VSE's acquisition of Desser Holding Company was reported on July 3, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Desser Holding Company do?
Founded in 1920, Desser Aerospace is a leading independent distributor of specialty aviation tires, tubes, brakes, and batteries and a provider of component Maintenance, Repair and Overhaul (MRO) services. It is privately held, operating in Manufacturing.
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