Maintenance and Modifications
GenNx360 Acquires Precision Aviation Group
New York-based equity firm GenNx360 Capital Partners eyed growth potential in its acquisition of MRO company Precision Aviation Group.

GenNx360 Capital Partners has acquired general and military aviation MRO company Precision Aviation Group (PAG) for an undisclosed amount, the New York-based equity firm announced on Monday. The firm, which invests in middle-market business services and industrial companies, found PAG's portfolio of products and services an attractive investment opportunity with room for expansion.

“PAG is a leading provider of MRO services with a talented management team and a lot of growth potential," said GenNx360 managing partner Daphne Dufresne. “PAG operates in a space that we know well and can add value through our industry relationships and operating initiatives.”