Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, announced the sale of Velocity Maintenance Solutions (VMS), a maintenance, repair and overhaul (MRO) services provider, to Bombardier, a Canadian-based aircraft manufacturer. The acquisition was completed through Bombardier’s U.S. subsidiary, Learjet Inc. BGL’s Aerospace, Defense & Government Services (ADGS) investment banking team served as the exclusive financial advisor to VMS in the transaction. The terms of the transaction were not disclosed.
Headquartered in New Castle, Delaware, and founded in 2021, VMS is a provider of MRO services to the business aviation end market. Operating 24/7 through both MRO facilities and mobile service teams, VMS provides domestic and international coverage. Its combination of core maintenance capabilities and specialized services has supported accelerated organic growth and positioned the Company as a market leader in business aviation maintenance services.