After an Odyssey, Warburg Pincus Gets Wencor Parts
June 23, 2014
Warburg Pincus has completed the acquisition of Wencor, a designer, repairer and distributor of aftermarket aerospace components, from Odyssey Investment Partners. The deal was rumored to be around $900 million. Wencor distributes bearings, seals, hardware, filters and more to over 3,700 customers in the commercial, military and general aviation aircraft sectors worldwide. Odyssey had backed Wencor since 2010; recently, while Odyssey-backed, it acquired Xtra Aerospace, a provider of maintenance, repair and overhaul for commercial aircraft.