Key Takeaways
- • Aero Accessories & Repair, backed by private equity firm ATL Partners, acquired two Miami-based MRO providers—New Generation Aerospace (founded 2010) and Tri-County Aerospace (founded 2003)—expanding component repair and rewind capabilities in power generation and electrical systems.
- • The acquired businesses specialize in component rewind and repair work for electrical and power generation systems serving commercial airlines, cargo operators, and FAA-certified repair stations across both commercial and defense aviation markets.
- • This transaction represents the fourth add-on acquisition under ATL Partners' ownership since 2022, demonstrating a deliberate platform-building strategy in the aviation component MRO sector.
- • The integration will strengthen Aero Accessories' existing capabilities in fuel, hydraulic, pneumatic, and electromechanical system maintenance, repair, and overhaul services by adding technical depth in rewind services and electrical systems support.
Summary
Aero Accessories & Repair, a portfolio company of private equity firm ATL Partners, has completed the acquisition of New Generation Aerospace and Tri-County Aerospace, two Miami-based maintenance, repair, and overhaul (MRO) providers. New Generation Aerospace was founded in 2010, while Tri-County Aerospace was established in 2003. Both businesses specialize in component rewind and repair work for electrical and power generation systems serving the aviation aftermarket.
The acquired operations service a diverse customer base including commercial airlines, cargo operators, and FAA-certified repair stations across both commercial and defense sectors. Their core competency in electrical and power generation component repair fills a strategic gap within Aero Accessories' existing platform, which currently offers maintenance, repair, and overhaul services for fuel, hydraulic, pneumatic, and electromechanical systems.
This acquisition marks the fourth add-on transaction under ATL Partners' ownership since 2022, signaling a consistent strategy to consolidate and expand capabilities within the aviation component MRO market. The Miami-based operations will be integrated into Aero Accessories' broader network, enabling the combined entity to offer enhanced technical depth in rewind services and comprehensive electrical systems support. The buildout reflects ongoing consolidation trends in the fragmented aviation aftermarket, where platform companies leverage add-on acquisitions to achieve scale, operational efficiency, and broader geographic coverage serving regional and international operators.
The acquired operations service a diverse customer base including commercial airlines, cargo operators, and FAA-certified repair stations across both commercial and defense sectors. Their core competency in electrical and power generation component repair fills a strategic gap within Aero Accessories' existing platform, which currently offers maintenance, repair, and overhaul services for fuel, hydraulic, pneumatic, and electromechanical systems.
This acquisition marks the fourth add-on transaction under ATL Partners' ownership since 2022, signaling a consistent strategy to consolidate and expand capabilities within the aviation component MRO market. The Miami-based operations will be integrated into Aero Accessories' broader network, enabling the combined entity to offer enhanced technical depth in rewind services and comprehensive electrical systems support. The buildout reflects ongoing consolidation trends in the fragmented aviation aftermarket, where platform companies leverage add-on acquisitions to achieve scale, operational efficiency, and broader geographic coverage serving regional and international operators.
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