Wencor Group (“Wencor”), a leading solutions provider to the aerospace aftermarket, today announced the acquisition of Silver Wings Aerospace, a certified 145 repair station specializing in electric power and hydraulic component repair with unique capabilities in Used Serviceable Material (“USM”). Terms of the transaction were not disclosed.
“We are pleased to welcome Silver Wings leadership and their employees to the Wencor team. This partnership aligns with our strategy to drive ATA chapter depth and proprietary component repair capabilities while enhancing our presence in USM. We are thrilled to partner with great entrepreneurs like Eddie Montalvo and Sean Beaubien and look forward to working with the rest of their team who have developed a high quality customer-focused MRO business” said Chris Curtis, Chief Executive Officer of Wencor Group.
Eddie Montalvo, President of Silver Wings, commented, “We are very excited to be joining such an esteemed company like Wencor who shares our commitment to offering exceptional quality and the highest levels of customer service. Together, Silver Wings and Wencor can offer innovative solutions and ultra-competitive value to our global customers.”
Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Wencor Group and McCormick, McCormick & McCormick, P.A. served as legal counsel to Silver Wings Aerospace.