Acorn Capital to Acquire Majority Stake in MTI Aviation
Acorn Capital Management will acquire a majority interest in MTI Aviation, enhancing its aerospace and defense portfolio. The transaction aims to leverage MTI’s capabilities for expansion and growth.
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Acorn Capital Management is set to acquire a majority stake in MTI Aviation, a provider of repair and parts distribution services in the aerospace sector. This acquisition, expected to finalize in the upcoming weeks, will be Acorn's first investment from Fund VI.
MTI, led by founder Jorge Mejia, serves a global client base including airlines and MRO providers. The partnership is designed to enhance MTI's growth through increased resources and potential acquisitions, positioning it for further market expansion. This strategic move reflects Acorn's commitment to strengthening its investment in differentiated aerospace and defense businesses.
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