Skip to main content

Heartwood Partners

Heartwood Partners Takes Growth Stake in Aviation MRO Firm TXG

Image
Heartwood Partners Takes Growth Stake in Aviation MRO Firm TXG

Norwalk, Conn. – September 22, 2026 -- Heartwood Partners has made a growth investment in The Xtreme Group (TXG), a Miami-based aviation MRO platform, in partnership with the company's existing management team, the private equity firm announced. The transaction closed on May 29, 2026.

TXG operates a full-service MRO platform across three subsidiaries

Founded in 2013, TXG runs Xtreme Aviation LLC, an FAA Part 145 certificated provider of airframe maintenance and line maintenance across major U.S. airports; Ignite Aero Engines, which specializes in CFM56 and CFM34 turbine engine overhaul; and Aventus Air Leasing II, which handles acquisition, refurbishment, and leasing of aircraft and engines. The company serves cargo, commercial, and charter operators from its Miami headquarters.