Quality Aircraft Accessories ("QAA"), a subsidiary of Hartzell Aviation and portfolio company of Arcline Investment Management, announced the acquisition of substantially all the assets of Approved Turbo Components, Inc. ("ATC").
The acquisition further enhances QAA's existing turbocharger overhaul and repair capabilities. QAA plans to retain the Approved Turbo Components known and trusted brand. QAA will also retain the services of former ATC President Mike Rogers.
"QAA is delighted to add ATC's turbo repair and overhaul expertise to our core competencies," said Keith Bagley, President of QAA. "The acquisition will help us continue to expand our turbo product aftermarket support."
Mike Rogers added, "I am thrilled to partner with Hartzell Aviation and QAA to better serve our customers."
ATC overhaul and exchange work will be relocated to QAA's headquarters and manufacturing facility in Tulsa, Okla. QAA's Florida facilities will be utilized for forward stocking.