VSE Signs Definitive Deal To Acquire Kellstrom Aerospace Group For Total Consideration Of $200M

Benzinga · 10/15 20:02

Kellstrom is a portfolio company of AE Industrial Partners, LP and a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket. The transaction is subject to customary closing conditions, including regulatory review, and is expected to close in the fourth quarter of 2024.

Total consideration of approximately $200 million, comprised of approximately $185 million in cash and approximately $15 million of shares of common stock of the Company, subject to working capital adjustments.