Aero Accessories & Repair LLC, a portfolio company of ATL Partners, has acquired Pittsburgh-based AirGroup America, a distributor of aerospace replacement parts. No financial terms were disclosed.

OEM parts are often more reliable and more expensive than aftermarket parts. Aftermarket parts are more widely available and cheaper than OEM parts. Whether an OEM or aftermarket part is best ...

Put simply, an OEM creates parts and components that are used by other companies in their finished products. These other companies are typically called value-added resellers (VARs). VARs work ...