KAL Capital Advises Triumph Group (NYSE: TGI) on the Sale of NAAS to STS Aviation Group
LONG BEACH, CA – March 6, 2019
KAL Capital is pleased to announce their second transaction over a two week period.
Triumph Group’s (NYSE: TGI) NAAS Division has been acquired by STS Aviation Group. KAL Capital Markets served as the sell-side investment banking advisor to Triumph Group.
NAAS provides line maintenance support to airlines, MROs, government operators and OEMs and has a specialization in fuel systems maintenance, leak detection and bladder cell repair.
The company is headquartered in San Antonio, Texas and employs approximately 200 people who are co-located at customer sites at more than 20 North American and two European locations.
Please see the official Triumph Group release here.