Warburg Pincus, a private equity investor in global aviation sectors, has acquired Topcast Aviation Supplies Company Limited (“Topcast”), an independent distributor of civil aviation parts and a maintenance, repair, and overhaul (MRO) service provider in the Asia Pacific region.
Founded in 1991 and headquartered in Hong Kong, Topcast’s activities in civil aviation include the distribution of aircraft parts and consumables, buyer-furnished equipment (BFE), Original Equipment Manufacturer (OEM) services, and repair and maintenance support. The company operates across Asia Pacific, EMEA, and the Americas.
Ben Zhou, managing director and co-head of China private equity at Warburg said of the deal: Pincus, said, “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, CEO of Topcast added, “We are excited to begin this new chapter with Warburg Pincus. Their deep sector experience, global network, localised 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.”
