TransDigm Group acquires Jet Parts Engineering & Victor Sierra Aviation Holdings
Snapshot
TransDigm Group acquired Jet Parts Engineering & Victor Sierra Aviation Holdings for approximately $2.2 billion in cash (including certain tax benefits) in January 2026. The transaction was structured as all cash. Jet Parts Engineering & Victor Sierra Aviation Holdings is a Seattle, Washington (JPE HQ); engineering/repair sites in Texas, New York, Florida, Alabama and the UK-based Power & Control / Airframe business.
- Acquirer
- TransDigm Group
- Target
- Jet Parts Engineering & Victor Sierra Aviation Holdings
- Value
- approximately $2.2 billion in cash (including certain tax benefits)
- Date
- January 2026
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
TransDigm Group acquired Jet Parts Engineering & Victor Sierra Aviation Holdings for approximately $2.2 billion in cash (including certain tax benefits), a transaction announced in January 2026, structured as all cash.
Jet Parts Engineering & Victor Sierra Aviation Holdings operates in Power & Control / Airframe, is based in Seattle, Washington (JPE HQ); engineering/repair sites in Texas, New York, Florida, Alabama and the UK. Two portfolio companies of Vance Street Capital acquired together. Jet Parts Engineering (Seattle, WA) designs and manufactures proprietary OEM-alternative PMA aftermarket parts and repairs for commercial, regional and cargo airlines and MRO providers, with nearly all revenue from the commercial aftermarket. Victor Sierra Aviation (a collection of brands including McFarlane Aviation, Tempest Aero Group and Aviation Products Systems) makes proprietary PMA and aftermarket parts for general and business aviation.
Nearly 100% commercial aftermarket revenue from proprietary OEM-alternative (PMA) parts
No advisory firms have been disclosed for this transaction.