Kellstrom Aerospace Group Acquires Vortex Aviation

Miami Lakes, Florida – June 27, 2017 – Kellstrom Aerospace Group, Inc. (“Kellstrom Aerospace”) today announced the acquisition of Vortex Aviation, Inc. (“Vortex Aviation”), a specialist in worldwide AOG on-wing engine maintenance services and quick-turn engine repairs across all major commercial aircraft engine platforms.

With repair facilities located in Fort Lauderdale, Florida, Shannon, Ireland, and Singapore, Vortex Aviation provides global support and turnkey solutions for many of the world’s aircraft lessors and airlines. The acquisition strengthens Kellstrom Aerospace Group as the global leader in aircraft lifecycle solutions and builds upon the Company’s diverse services aimed at reducing aircraft operational costs and maximizing residual values.

“The addition of Vortex Aviation, in collaboration with Kellstrom Aerospace and The Aircraft Group (TAG), will provide great value to our customers and the commercial aerospace industry,” said Jeff Lund, CEO, Kellstrom Aerospace Group. “With Vortex Aviation joining Kellstrom Aerospace Group, our range of technical services is greatly enhanced. Whether servicing on-wing support, minor in-house repairs, managing engines through full performance restoration, or technical consultancy projects, we can provide unbiased cost-saving solutions across all major engine platforms.”

“We are excited to be a part of Kellstrom Aerospace Group’s larger platform,” said Patrick Kaufman, President, Vortex Aviation. “The financial strength and technical service capabilities within Kellstrom Aerospace will accelerate the growth of Vortex’s service offerings and cost saving solutions to its global customer base.”

“When we acquired Kellstrom Aerospace in 2015, our goal was to become a full-service aftermarket solutions provider to airlines, MROs, and the aircraft lessor community,” said David Rowe, Managing Partner, AE Industrial Partners, LLC. “The combination of records management, on-wing support services, and hospital shop repairs with the purchasing power and expertise of Kellstrom Aerospace for end-of-life assets is a unique set of capabilities in the market. The broader market reach Vortex Aviation brings to Kellstrom Aerospace will also benefit our OEM distribution partners, as we expand our geographical footprint and customer base.”

Kellstrom Aerospace Group, a portfolio company of AE Industrial Partners, LLC, operates through its three global brands Kellstrom Aerospace, Vortex Aviation and The Aircraft Group.