A San Francisco equity firm has acquired aircraft ground support equipment provider Tronair Parent, Inc. from Levine Leichtman Capital Partners.
According to Mergers and Acquisitions, Golden Gate Capital, which has more than $15 billion in committed capital, acquired Tronair. However, the terms of the deal were not disclosed.
Tronair, based in Holland, Ohio, makes ground support equipment for business, commercial and military aircraft. Customers include: Airbus, Boeing, Bombardier, Embraer and Gulfstream.
Golden Gate holds investments in more than 35 companies across six industry sectors that include: industrials, financial services, software, semi-conductors and IT hardware, retail and restaurants, and information technology and business services.
