ATC Group Expands MRO Capabilities with Acquisition of PAS MRO

TULSA, Okla.--(BUSINESS WIRE)--Air Transport Components (“ATC Group”), a leading provider of component maintenance, repair, and overhaul (“MRO”) services for the global aerospace industry, today announced the acquisition of PAS MRO, a specialized provider of bearing repair services.

This strategic acquisition strengthens ATC Group’s growing portfolio of capabilities and expands its footprint in high-value component repair, further enhancing service offerings to airline, OEM, and aftermarket customers worldwide.

PAS MRO, located in Bristow, Oklahoma, brings a strong reputation for technical expertise, quality, and customer responsiveness. The addition of PAS MRO complements ATC Group’s existing operations in Tulsa, Oklahoma and Gilbert, Arizona, creating meaningful operational synergies and expanding repair capabilities across key product lines.

“PAS MRO is a natural fit for ATC Group,” said Jimmy Newman, CEO of ATC Group. “Their technical depth, customer relationships, and commitment to quality align perfectly with our platform. This acquisition allows us to broaden our capabilities while continuing to deliver the speed, reliability, and service our customers expect.”

“Joining the ATC Group marks an exciting next chapter for PAS MRO,” said Jim Agee, President of PAS MRO. “ATC Group has built a strong reputation for operational excellence and customer focus. By combining our expertise and capabilities, we are well positioned to deliver even greater value to our customers while continuing to grow our business.”

PAS MRO is expected to continue to operate with its existing team and leadership, ensuring continuity for customers and employees while benefiting from ATC Group’s broader infrastructure and resources.

This acquisition represents another step in ATC Group’s strategy to build a scaled, diversified MRO platform supported by AE Industrial Partners, positioning the company for continued growth across the aerospace aftermarket.

“This acquisition marks another step toward our goal of building a market-leading aviation platform delivering a suite of component and accessory repair services to meet the demands of the global installed aircraft base,” added Bryan McElwee, Partner at AE Industrial Partners. “By joining forces with PAS MRO, ATC has both expanded its offerings and strengthened its presence in Oklahoma to support the company’s continued growth.”

About ATC Group

ATC Group was founded in 1998 and specializes in the repair and overhaul of components and accessories for both commercial and military air transport aircraft. The company handles all repairs, engineering, quality control testing, and refinishing in-house at its state-of-the-art facilities, totaling over 150,000 square feet, located in Gilbert, Arizona and Tulsa, Oklahoma. ATC Gilbert, ATC Tulsa, and Unicorp Systems are all integral parts of the overall ATC Group business, working together to provide innovative solutions and exceptional services. Each division plays a unique role in the company’s overall operations, contributing to its growth and success.

About PAS MRO

PAS MRO, located in Bristow, Oklahoma, was founded in 2003. The company is a specialized aerospace component repair provider known for its expertise in bearing repair across aircraft engine, airframe, accessory, helicopter, ground power, and marine applications. PAS MRO delivers high-quality repair solutions and responsive service to a diverse customer base.

About AE Industrial Partners:

AE Industrial Partners is a private investment firm with approximately $9.2 billion of assets under management as of December 31, 2025, focused on investing in technologies and services considered critical to national & economic security. Since 2015, AE Industrial has completed more than 155 investments in market-leading companies that benefit from its deep industry knowledge, operating experience and network of relationships across the sectors where the Firm invests (national security, aerospace and industrial services). With a commitment to driving value creation in partnership with the management teams of its portfolio companies, AE Industrial invests across private equity, venture capital and aerospace leasing. AE Industrial is headquartered in Boca Raton, FL and has an office in Washington, D.C. Learn more at www.aeroequity.com.