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VSE Corporation Completes Aero 3 Acquisition
MIRAMAR, Fla.--(BUSINESS WIRE)-- VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair
About this update from Vse Corporation
[{"type":"text","content":" MIRAMAR, Fla.--(BUSINESS WIRE)--\nVSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that the Company has closed its previously announced acquisition of GenNx/AeroRepair IntermediateCo Inc., the parent company of Aero 3, Inc. (“Aero 3”), a portfolio company of GenNx360 Capital Partners. Aero 3 is a diversified global Maintenance, Repair and Overhaul (MRO) service provider and distributor supporting the commercial wheel and brake aftermarket.\n\n\nMANAGEMENT COMMENTARY\n\n\n“This acquisition marks a meaningful step forward for VSE as we continue to expand our aviation aftermarket distribution and repair capabilities and deepen our OEM partnerships,” said John Cuomo, President and Chief Executive Officer of VSE Corporation. “Aero 3 brings a proven operating model, a strong leadership team, complementary repair expertise, and a global footprint that will strengthen our position as a leading provider of wheel and brake aftermarket services. We are pleased to welcome the Aero 3 team to VSE and look forward to driving enhanced performance and growth together.”\n\n\nAGREEMENT TERMS\n\n\nVSE acquired Aero 3 for $350 million in cash, subject to working capital adjustments. The purchase price was funded with proceeds from the Company’s October 2025 public offering of common stock.\n\n\nVSE ADVISORS\n\n\nJones Day served as legal counsel to VSE Corporation.\n\n\nABOUT VSE CORPORATION\n\n\nVSE is a leading provider of Aviation distribution and repair services for the commercial and business and general aviation (B&GA) aftermarkets. Headquartered in Miramar, Florida, VSE is focused on significantly enhancing the productivity and longevity of its customers' high-value, business-critical assets. VSE’s aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services support engine component and engine and airframe accessory part distribution and repair services for commercial and B&GA operators. For more detailed information, please visit VSE's website at www.vsecorp.com.\n\n\nABOUT GENNX360 CAPITAL PARTNERS\n\n\nGenNx360 Capital Partners is a private equity firm focused on acquiring middle market business-to-business services companies. GenNx360 partners with companies having proven and sustainable business models in expanding...