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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 26, 5:56 AM

This Slide: #9 of 100

Slide #9. VSE Corporation — Turbine Controls, Inc.

Acquirer: VSE Corporation (NASDAQ:VSEC)
Acquiree: Turbine Controls, Inc.
Details: VSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC), a leading provider of aftermarket distribution and repair services, announced today that the Company has closed its previously announced acquisition of Turbine Controls, LLC (f/k/a Turbine Controls, Inc.) ("TCI"), a leading provider of aftermarket support services for the repair and overhaul of engine components and engine and airframe accessories.

VSE is an aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets. Co.'s segments include: Aviation, which provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul services; Fleet, which provides parts supply, inventory management, e-commerce fulfillment, logistics and other services; and Federal and Defense, which provides aftermarket refurbishment and sustainment services. Co. also provides energy consulting services and information technology solutions.

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VSEC — Key Stats (updated 19 hours, 21 minutes ago)
Company Name:  VSE Corp.
Website:  www.vsecorp.com
Sector:  Business Services & Equipment
Number of ETFs Holding VSEC:  26
Total Market Value Held by ETFs:  $99.08M
Total Market Capitalization:  $1.23B
% of Market Cap. Held by ETFs:  8.08%
 

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April 26, 2024  •  5:56 AM Eastern
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Strong Buy (3.80 out of 4)
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