Vedder Price is pleased to announce that it served as legal advisor to Vance Street Capital LLC in a single-asset secondary transaction, and subsequent new Continuation Fund, to extend its partnership with Jet Parts Engineering (JPE).

The new fund, VSC EV (Extended Value) 3 LP, will focus on supporting the continuation of JPE’s organic growth initiatives and acquisition strategy. Founded in 1994 and headquartered in Seattle, JPE is a leading provider of proprietary, aftermarket PMA part, DER repair and MRO solutions for the commercial aerospace industry. 

Key members of the Vedder Price advising team were President and CEO Michael A. Nemeroff, Shareholder Jason Reese and Associates Gregory Ge, Mel Kim and Sara L. Levine of the M&A team; Tax group Shareholder Matthew P. Larvick and Associate Rouzbeh ''Robbie'' Alipour; Shareholder Jacqueline Helmrick Carlson and Associate Bradley A. Hemmer of the firm’s Finance group; and Executive Compensation Shareholder Daniel B. Lange.

Vance Street Capital’s press release can be read here.

Learn more about our Finance & Transactions practice here.