Who owns Jet Parts Engineering ("JPE")

Jet Parts Engineering ("JPE") - Profile

Jet Parts Engineering is a Seattle based designer and manufacturer of aftermarket parts and repairs for commercial aircraft. It develops proprietary alternatives to original equipment manufacturer components, approved under the Federal Aviation Administration's Parts Manufacturer Approval route, and sells them to commercial, regional and cargo airlines and to maintenance, repair and overhaul shops, with nearly all of its revenue coming from the commercial aftermarket rather than from new aircraft production. The company employs roughly 300 people and runs engineering and repair sites in Texas, New York, Florida, Alabama and the United Kingdom, covering a range of major commercial aerospace platforms. Together with Victor Sierra Aviation Holdings, a second aftermarket platform bought in the same transaction, it accounted for about 280 million dollars of revenue in calendar 2025.

The disclosed stakes

One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.

Where each figure comes from

A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.

• TransDigm Group Incorporated, as of 7 Apr 2026. This is the Nucor/Moody's ICRA precedent case the brief flags: TransDigm CONSOLIDATES JPE but does not wholly own it, so the majority stake is a real holding rather than an excluded wholly-owned subsidiary. On 7 Apr 2026, TransDigm completed the acquisition of approximately 95% of JPE's outstanding stock and approximately 96% of Victor Sierra Aviation Holdings (VSA, the other row here) in one combined transaction for approximately 2,200 million dollars in cash (definitive agreement signed 13 Jan 2026). The 10-Q discloses the ownership percentages for JPE and VSA individually and precisely, but discloses only the COMBINED purchase price and a COMBINED redeemable noncontrolling interest balance of 81 million dollars at 27 Jun 2026 (the fair value of the remaining minority stakes, i.e. the 5% JPE and 4% VSA held by management, not TransDigm's own majority stake). Because the dollar figures are not split between the two targets, value_usd is left null on both rows per the brief's combined-balance rule, and the combined figures are recorded here rather than assigned to one investee. source