AE Industrial Acquires The Aircraft Group

AE Industrial Acquires The Aircraft Group

TAG NF1AE Materials Group, a portfolio company of AE Industrial Partners, has acquired The Aircraft Group, a provider of consulting services for the purchase, sale or leasing of commercial aircraft.

TAG f1The Aircraft Group (TAG) provides its customers with the financial, technical and documentation requirements associated with buying, selling and leasing commercial aircraft. The company’s pitch line is “Every aircraft has a paper trail, only The Aircraft Group can handle it.” The company’s core services include engine inspections, technical analysis, aircraft import/export services, lease returns, certification, and economic evaluations. TAG was founded in 1990 by Walter Andrushenko and is headquartered in Phoenix (

jeff lund nf1“Over the last 25 years, TAG has built a reputation advising owners of aircraft assets through the technical capability of its team,” said Jeff Lund, CEO, AE Materials Group (AEMG). “We are extremely excited to partner with Wally and the rest of the TAG team to expand our service capabilities to our customer base.” AEMG is an aerospace aftermarket company that provides new parts, surplus material, repair and overhaul, and other technical services to airlines, MROs and lessors.

“AEMG is a perfect fit for us, and will enable TAG to expand its services and increase its market presence,” said Mr. Andrushenko. “The timing is right for our company to move forward with AEMG, especially with the growing demand for our array of services from the global aircraft industry.”

ae industrial nf1AE Industrial Partners (AEI) invests in the aerospace, power generation and specialty industrial sectors with a specific focus on technical manufacturing, distribution and supply chain management, MRO (maintenance, repair and overhaul) and industrial service-based businesses.  Typical company targets will have from $50 million to $500 million of revenue. AEI is headquartered in Boca Raton (

Alvarez & Marsal ( served as financial advisor to AEI and Buckingham, Doolittle & Burroughs ( served as legal advisor.

© 2016 PEPD • Private Equity’s Leading News Magazine • 3-2-16

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