HSBC Private Equity Partners Buys Venture Aircraft

HSBC Capital, through its HSBC Private Equity Partners II fund, has acquired Compton, Calif.-based Venture Aircraft. Financial terms of the deal were not released. Venture Aircraft is a manufacturer of precision crafted sheet metal and machined components for the aerospace industry. HSBC Capital is the U.S. and Latin America private equity division of HSBC Group, and has more than $1.5 billion under management.

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