PAS Technologies Inc. specializes in providing cost-effective repair and overhaul solutions for the aerospace and industrial markets. By using innovative and proprietary high-technology repair processes, along with repair solutions licensed from OEMs, the Company saves its customers from having to purchase costly replacement parts. The broad range of components serviced includes gas turbine engines, critical airframe parts, gates and seats used in oil fields and industrial components used in other high-wear, high-heat, and corrosive environments.
Gridiron Capital originally invested in PAS Technologies in 2006 via the carve-out of the aviation services division of Praxair Surface Technologies, Inc. Through this partnership, PAS Technologies achieved impressive market expansion globally via add-on acquisition work and expansion of the Company’s leading service offering. PAS Technologies was sold to a financial investor in October 2010.