Daher TBM Dealer Avex Acquired by Private Equity Firm
New State Capital Partners is seeking additional investment in aviation with its purchase of Avex.
TBM distributor and service center Avex has been purchased by New State Capital Partners. (Photo: Matt Thurber/AIN)
TBM distributor and service center Avex has been purchased by New State Capital Partners. (Photo: Matt Thurber/AIN)

Private equity firm New State Capital Partners has acquired Avex, an authorized distributor and recommended service center of Daher TBM turboprops in the southwestern U.S. With locations at Camarillo Airport in California and Rocky Mountain Metropolitan Airport in Broomfield, Colorado, Avex was founded in 1985.