Aftermarket distribution and MRO services provider VSE Corporation has acquired Precision Fuel Components.

Founded in 2001, Everett, Washington-based Precision Fuel is a provider of MRO services for engine accessory and fuel systems supporting the business and general aviation market. It specialises in supporting small turbine rotorcraft fuel controls, governors, sensors, bleed valves and fuel pumps, along with radial engine components and Bendix-Stromberg carburettors. Precision Fuel is a member of the Honeywell authorised warranty and repair station (AWARS) network.

VSE's rationale behind the transaction is that it expands its specialty distribution and MRO capabilities in the B&GA and rotorcraft markets. By combining VSE Aviation's existing part distribution and MRO services with Precision Fuel's engine accessory and fuel system MRO services, VSE Aviation customers will have access to differentiating, full-service, on demand repair and distribution solutions.

It also accelerates customer acquisition within the B&GA market. This transaction provides VSE Aviation with access to new rotorcraft and fixed wing operator customers and expands VSE's MRO capabilities within new engine platforms. It will allow for significant cross-selling opportunities, positioning VSE Aviation to expand its market share within niche, B&GA market adjacencies.

Furthermore, it highlights VSE Aviation as an acquirer of choice for high-quality, growing B&GA and rotorcraft assets with established brands. Given the fragmented nature of the B&GA services industry, VSE Aviation is further positioned as a well-capitalised market consolidator focused on driving scale through both organic and inorganic growth.

“We are pleased to welcome the Precision Fuel team to the VSE Aviation family,” says VSE president and CEO John Cuomo. “This transaction represents an important strategic investment for our aviation segment, one that expands our repair capabilities across a diverse base of global rotorcraft, fixed wing and B&GA customers. Precision Fuel's value-added, high-margin MRO solutions will complement our existing service capabilities, while positioning us to further enhance our unique value proposition.”

“Precision Fuel's customer-centric culture, long term relationships, established OEM partnerships and proven technical expertise are highly complementary to our existing business,” says VSE president Ben Thomas. “We look forward to leveraging our expanded suite of solutions across our combined base of customers, while continuing to provide industry-leading, on demand products and services throughout our growing global footprint.”