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Acorn Capital Management and MTI Aviation Form Strategic Partnership

April 20, 2026By ePlane AI
Acorn Capital Management and MTI Aviation Form Strategic Partnership
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Acorn Capital Management
MTI Aviation
Aerospace Mergers And Acquisitions

Acorn Capital Management Acquires Majority Stake in MTI Aviation

Acorn Capital Management, a private equity firm specializing in aerospace, defense, intelligence, and space sectors, has announced a strategic partnership with MTI Aviation through the acquisition of a majority interest in the company. MTI Aviation is a prominent provider of repair, overhaul, and parts distribution services, focusing on electro-mechanical, hydraulics, pneumatics, and power generation components. Its global clientele includes commercial airlines, maintenance, repair, and overhaul (MRO) providers, and aviation parts distributors.

The transaction, expected to close in the coming weeks, represents the first platform investment for Acorn’s Fund VI. Jorge Mejia, MTI’s founder and CEO, will retain a significant ownership stake and continue to lead the company. Greg Agnew, Partner at Acorn Capital Management, emphasized the strategic fit of MTI within Acorn’s portfolio, highlighting the company’s strong market position, technical expertise, and established customer relationships. He expressed optimism about collaborating with Mejia and the MTI team to support the company’s next phase of growth.

Strategic Growth and Industry Context

The partnership aims to provide MTI with enhanced resources and capital to accelerate expansion through both organic growth and targeted acquisitions. Mejia described the alliance as an exciting new chapter for MTI, noting that Acorn’s deep industry knowledge and shared vision for growth position the company well to build on its solid foundation and continue delivering high-quality solutions worldwide. Rick Nagel, Managing Partner at Acorn, added that MTI’s high-quality operations and strong corporate culture make it an ideal investment to complement Acorn’s existing portfolio companies focused on parts.

This development occurs amid a period of volatility in the aviation sector. Fluctuating aviation fuel prices, which surged sharply in March according to iFlightPlanner, continue to present operational challenges. The deal also comes at a time of increased scrutiny within the industry, as stakeholders evaluate the financial implications of partnerships following significant funding rounds, such as Vertical Aerospace’s recent capital raise for electric vertical takeoff and landing (eVTOL) aircraft. Competitive pressures are expected to intensify, with companies like Air Elite Network expanding their footprint in the business aviation market. Furthermore, geopolitical instability, underscored by recent warnings from industry leaders, may pose additional risks to the long-term success of the partnership.

Terms of the transaction have not been disclosed.

Company Profiles

Acorn Capital Management is a middle-market private equity firm exclusively focused on aerospace, defense, space, and intelligence sectors. The firm is known for its deep industry expertise and collaborative approach with management teams to build market-leading companies.

MTI Aviation specializes in component repair and parts sales for electro-mechanical, hydraulics, pneumatics, and power generation components, serving a diverse global customer base.

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