UAS Holdings a portfolio company of Mill Hill Capital has acquired Icon Aerospace, an award-winning 145 repair station. Their dedicated team of industry experts has over 50 years of providing the highest quality maintenance, repair, and overhaul (MRO) services for avionics, instruments, accessories, and galley repairs. Their test, repair, and overhaul capabilities exceed over 30,000 aircraft components covering almost every aircraft platform in service today.
The acquisition of Icon Aerospace also enables a strong partnership with Tag Aero, an acquisition that was completed in 2020. Tag Aero is an award-winning 145 repair station for APU maintenance, repair, and overhaul (MRO) services. The company provides repair, sales, exchanges, and leases of Auxiliary Power Units (APUs) to customers globally. “The partnering of these two businesses will provide our global customers broader capabilities and enables us to be a larger solution provided to the market”.
– Jeff Lambert CEO
Both companies have a combined customer base of more than 1,000 global companies and growing, servicing all areas of the market. Icon and Tag will continue to focus on quality, customer service, and operational excellence with the continuous goal of being the supplier of choice.
Mill Hill Capital is a Multi-Family Private Investment firm focused on acquisitions, recapitalizations, and founder liquidity events in lower to middle-market companies. Our unique investor base of family offices enables us to focus on long-term value creation and allows management teams to make decisions without the trade-offs associated with shorter-term investment horizons.