Florida Investment Firm Buys Into Successful Wichita MRO
AE Industrial Partners, LP (AEI), a U.S.-based private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, has acquired a majority interest in Yingling Aviation, a provider of Maintenance, Repair and Overhaul (MRO) and Fixed-Base Operator (FBO) services to customers in the U.S. business aviation and government sectors. Yingling Aviation chairman and CEO Lynn Nichols and President Andrew Nichols will remain attached to the company. The transaction’s terms were not disclosed.