Miramar, Fla., Dec 24 — VSE 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.
MANAGEMENT COMMENTARY
“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.”
AGREEMENT TERMS
VSE 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.