New State Capital Partners (New State) has acquired AVEX, a provider of sales and maintenance for the Daher TBM turboprop aircraft in North America.
New State is acquiring the Company from its founder, Terry Winson, who is retiring. Terms of the transaction have not been disclosed.
Founded in 1985, with operations in California and Colorado, AVEX is the exclusive distributor of new TBM aircraft in the southwestern United States. With more than 1,000 TBM aircraft currently in service, the Company also manages a robust maintenance and aftermarket services business, which provides a one-stop solution and a high level of customer service to TBM owners across the country.
