ATL Partners Portfolio Company Aero Accessories Acquires AOG Accessories
February 20, 2024 08:30 AM Eastern Standard Time
MIRAMAR, Fla. & MIAMI--(BUSINESS WIRE)--Aero Accessories & Repair, LLC. (“Aero Accessories”), a leading provider of aerospace component maintenance, repair, and overhaul (“MRO”) services and portfolio company of ATL Partners (“ATL”), today announced the acquisition of AOG Accessories (“AOG”). Terms were not disclosed.
Headquartered in Miramar, Florida, the combined company specializes in the repair of complex components across fuel, hydraulic, pneumatic, and power generation systems and serves customers in the cargo, commercial, and aftermarket end markets globally.
“Since our acquisition by ATL Partners in 2022, we have been focused on deepening our relationships with key customers while growing our range of repair and other aftermarket capabilities organically,” said David Vail, CEO of Aero Accessories. “The acquisition of AOG will accelerate this growth by expanding our technical capabilities and product offerings while enhancing our customer relationships in the United States and internationally. We have long admired AOG for its results-oriented culture and the strong record of organic growth achieved in recent years and look forward to what we can achieve as a combined company.”
Frank Nash, Founder and Managing Member of ATL, said, “We are proud of the growth that Aero Accessories has achieved over the past two years. The management team has achieved well above average growth compared to the industry by transitioning its customer base and services mix to meet current industry demand requirements. We are excited by the opportunities provided by this first acquisition. The two cultures are similar, which will enable close collaboration on future organic and inorganic growth initiatives.”
AOG’s three founders – Ramon Portela, Humberto Aleman and Alain Wicke commented, “We are excited by the opportunities ahead by being part of a larger platform. We have known David Vail and his team for decades and we look forward to working closely with his team. We are already off to a strong start and have identified several growth opportunities that we are excited to pursue.”
About Aero Accessories
Aero Accessories is a leading provider of MRO services for complex, difficult-to-repair, and in-demand components requiring engineering expertise. Founded in 2007, the Company specializes in fuel, hydraulic, pneumatic, and power generation system aftermarket services, servicing customers across the cargo/logistics, commercial airlines, and defense end markets from its 76,000 sq. ft. facility in Miramar, FL. Learn more at https://aeroaccessories.us.
About AOG
Located in Miami, FL, AOG Accessories provides a one-stop shop and aftermarket solution for a wide range of commercial and regional aircraft. Founded in 2013, AOG specializes in providing MRO services for pneumatic, fuel, power generation, electromechanical, hydraulic, oxygen, and galley components. Learn more at https://aogaccessories.com/.
About ATL Partners
Founded in 2014, ATL Partners is a premier sector-focused private equity firm that invests in aerospace, transportation and logistics companies. ATL brings deep sector expertise to its investment approach with experienced investment professionals and strong operational resources who have decades of combined experience in each of ATL’s core sectors. For more information about ATL Partners, visit https://www.atlpartners.com/.
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Gasthalter & Co.
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