TPA is the leading aftermarket supplier of used serviceable wheels and brakes in the commercial aviation industry.
Kirk Kapital partners with the management team and Catacap who acquired TPA in 2017.
“We consider TPA a well-run company, and we are excited to join Catacap and the management team on their future growth journey. TPA, focussing on used spare parts, is another example of a growth company that promotes the circular economy, a favoured investment theme of ours” says Kim Gulstad, CEO of Kirk Kapital.
Nina Fisker Olesen, Investment Manager at Kirk Kapital, will join the Board of Directors at TPA.
About TP Aerospace
TPA is the leading aftermarket supplier of used serviceable wheels and brakes in the commercial aviation industry carrying the largest ready-to-go inventory in the market. Having warehouses in several strategic locations around the globe, TPA provide 24-7-365 support on sale, exchange, loan or lease basis, and we can undertake retrofit exercises through tailor-made flat rate exchange programs, appealing to both airlines and leasing companies. See more on: https://www.tpaerospace.com/
About Kirk Kapital
Kirk Kapital is a family-owned investment company, owned by the Kirk Johansen family. The Kirk Johansen family is descendants of Ole Kirk Kristiansen, who founded the toy company LEGO. Kirk Kapital manages more than DKK 8 billion (EUR 1.1 billion), which is invested in Strategic Investments and Financial Investments. Within Strategic Investments Kirk Kapital is an active and long-term owner, and owns large active minority positions in Alliance+, Beck Pack, Exxit59, FMD, Globeteam, Kompan, PNO, Scanmetals, Tacton and TPS. See more on: www.kirkkapital.dk