VSE Corporation (NASDAQ:VSEC) has finalized its acquisition of Aero 3, a global leader in the maintenance, repair, and overhaul (MRO) of commercial aircraft wheels and brakes.
The $350 million cash transaction, which closed on Tuesday, represents a significant scale-up for VSE’s aviation segment as it seeks to capture a larger share of the rebounding commercial aftermarket.
The deal sees VSE absorb Aero 3 from GenNx360 Capital Partners, integrating a diversified service provider known for its deep technical expertise and established distribution networks.
Based in Alexandria, Virginia, VSE has been aggressively pivoting its business model toward higher-margin aviation services, and this acquisition provides the company with an immediate global footprint in the critical wheel and brake niche.