TransDigm Group has agreed to acquire Vance Street Capital portfolio companies Jet Parts Engineering and Victor Sierra Aviation Holdings for approximately $2.2 billion. Jet Parts Engineering, based in Seattle, serves the aerospace aftermarket, while VSA is a collection of brands including McFarlane Aviation and Tempest Aero Group.

This deal expands TransDigm's footprint in the commercial aerospace parts market. The Cleveland-based company is known for supplying highly engineered aircraft components. Acquiring these Vance Street-backed firms adds repair locations across the U.S. and the UK, strengthening its aftermarket service capabilities.

The transaction underscores TransDigm's aggressive growth strategy through acquisitions. Industry watchers will look for how it integrates these new assets. Vance Street Capital, a private equity firm, exits its investment in these portfolio companies with this sale.