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Precision Aviation Group Expands its Capabilities with Acquisitions of Icon Aerospace and Tag Aero

Sep 30, 2024•10 months ago

Acquiring Company

Precision Aviation Group

Acquired Company

Icon Aerospace

AtlantaNottinghamshireRock HillAerospaceAerospaceManufacturingAerospace

Description

Precision Aviation Group, a leading provider of comprehensive support for rotary and fixed-wing aircraft, has expanded its capabilities through the strategic acquisitions of Icon Aerospace and Tag Aero. These acquisitions will enhance PAG's product offering and strengthen its position in the aerospace industry.

Company Information

Company

Precision Aviation Group

Location

Atlanta, Georgia, United States

About

Precision Aviation Group (PAG) is a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the aerospace and defense industries. With 24 FAA-approved repair stations and 27 locations, 1,000+ employees, and over 1.1 million square feet of production/distribution facilities worldwide, PAG offers comprehensive MRO services on over 200,000 product lines. PAG supports operators in the Airline, Business and General Aviation (BGA), and the Military markets through its Inventory Supported Maintenance, Repair, and Overhaul (ISMRO®) business model, with focused capabilities in Avionics, Engines, Components, and Manufacturing/DER Services.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed