Victory Park Capital sheds Ascent Aviation Services

Aviation International News » November 2013
November 5, 2013, 12:10 AM

Asset-management firm Victory Park Capital has sold its portfolio company Ascent Aviation Services to New Orleans-based private equity firm LongueVue Capital Partners II. The terms of the deal were not made public.

Ascent Aviation Services is a Tucson, Ariz. aircraft maintenance, repair and overhaul service provider that specializes in single-aisle aircraft. Ascent performs heavy and line maintenance services, aircraft modification, transition and refurbishment work, aircraft storage and reclamation services, and consigned part sales.

 

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