Precision Aviation Group Expands Globally with Turner Acquisition

Deal News | Jul 15, 2025 | GenNx360 Capital Partners

GenNx360 Capital Partners, a private equity firm based in New York, has announced that its portfolio company, Precision Aviation Group (PAG), has acquired Turner Aviation, a UK-based provider of aviation maintenance, repair, and overhaul (MRO) services. The acquisition marks PAG's entry into the EMEA region and aligns with its strategy to expand global MRO capabilities. Turner Aviation, headquartered in Glasgow, has established a reputation for quality and reliability since its inception in 1954. The acquisition not only enhances PAG’s service offerings but also provides Turner with access to PAG's extensive resources and network. David Mast, CEO of PAG, expressed enthusiasm about the acquisition, highlighting Turner's technical expertise and strategic location. GenNx360 has been actively involved in supporting PAG's growth through organic initiatives and targeted acquisitions, indicating a strong management partnership.

Sectors

  • Aerospace and Defense
  • Private Equity

Geography

  • United Kingdom – The acquisition target, Turner Aviation, is based in Glasgow, Scotland.
  • United States – GenNx360 Capital Partners, the parent private equity firm of PAG, is based in New York.
  • EMEA – The acquisition marks Precision Aviation Group's entry into the Europe, Middle East, and Africa region.

Industry

  • Aerospace and Defense – The article discusses the acquisition of Turner Aviation, a company involved in maintenance, repair, and overhaul services for the aerospace and defense industries.
  • Private Equity – GenNx360 Capital Partners, a private equity firm, is the main subject of the article as it discusses its portfolio company and acquisition strategy.

Financials

    Participants

    NameRoleTypeDescription
    GenNx360 Capital PartnersBidding CompanyCompanyA New York-based private equity firm investing in industrial and business services companies.
    Precision Aviation Group, Inc. (PAG)Target CompanyCompanyA provider of maintenance, repair, and overhaul (MRO) and supply chain services to the aerospace and defense industries.
    Turner AviationSelling CompanyCompanyA UK-based provider of aviation maintenance, repair, and overhaul services.
    David MastCEO of Precision Aviation GroupPersonCEO of PAG, involved in expressing strategic excitement over the acquisition.
    Douglas MuirheadManaging Director of Turner AviationPersonManaging Director of Turner Aviation, commenting on the acquisition impact.
    Pratik RajeevanPrincipal at GenNx360 Capital PartnersPersonPrincipal at GenNx360 Capital Partners, providing strategic insights on the acquisition.