Warburg Pincus has announced the acquisition of Topcast Aviation Supplies Company Limited, a major independent distributor of civil aviation parts and Maintenance, Repair, and Overhaul (MRO) service provider in the Asia Pacific region.
Topcast, established in 1991 and based in Hong Kong, provides integrated solutions for the civil aviation sector. Its services include distribution of aircraft parts and consumables, buyer-furnished equipment, Original Equipment Manufacturer (OEM) services, as well as repair and maintenance support. The company operates throughout Asia Pacific, EMEA, and the Americas, linking global aviation parts manufacturers with rapidly growing markets in these regions.
Warburg Pincus is recognized as an active private equity investor within the global aviation industry. Its portfolio includes companies such as Accelya, Aquila Air Capital, CAMP Systems, Consolidated Precision Products, Extant Aerospace, TransDigm, Triumph and Wencor. In Asia Pacific alone, Warburg Pincus has invested approximately US$34 billion across more than 270 companies over three decades.
Ben Zhou, Managing Director and Co-Head of China Private Equity at Warburg Pincus stated: “Asia Pacific is one of the most dynamic and fast-growing civil aviation markets in the world. Topcast has built a strong reputation as a trusted and innovative partner to airlines, MROs, and OEMs, helping to ensure the efficiency, reliability, and safety of the aviation supply chain. It is a differentiated business with deep regional expertise, technical know-how, and a customer-centric approach. We look forward to supporting Topcast in deepening its local capabilities, expanding its global partnerships, and driving its next phase of sustainable growth.”
Orson Lo, Chief Executive Officer of Topcast said: “We are excited to begin this new chapter with Warburg Pincus. Their deep sector experience, global network, localized approach and growth-oriented philosophy will support our mission to deliver best-in-class service and innovative solutions to the civil aviation industry in Asia Pacific and beyond. Together, we will continue to invest in our people, service infrastructure, digital capabilities, and global operations to better serve our partners around the world.”
Topcast operates more than 20 offices globally across Asia Pacific, EMEA (Europe/Middle East/Africa), and Americas. The company connects suppliers with customers in over 90 countries through its broad network.
Warburg Pincus manages assets exceeding $85 billion worldwide with an active portfolio comprising more than 215 companies across various sectors. The firm is headquartered in New York City with over 15 offices internationally.
For further information about Topcast visit www.topcast.com; for details on Warburg Pincus visit www.warburgpincus.com.