AEA Private Debt Takes Initiative with Tenax Aerospace
On January 21, 2026, AEA Investors' Private Debt group, known for its pivotal role in providing private credit to the middle market, publicly confirmed its leadership in a junior debt investment designed to bolster the recapitalization efforts of Tenax Aerospace, a significant player in the aerospace sector and a portfolio entity of NTC Group.
Headquartered in Ridgeland, Mississippi, Tenax Aerospace is recognized for its specialized mission aircraft and comprehensive services directly catering to U.S. Government and commercial clients. The focus of Tenax is squarely on critical aviation programs that demand tailored solutions, ensuring excellence in quality and performance. This recapitalization endeavor underscores Tenax’s central role in supporting various programs crucial to both national security and the public welfare.
Tom Groves, a Partner at AEA Private Debt, emphasized the importance of Tenax's contributions, stating, “Tenax plays a vital role in supporting programs that are essential to national security and public safety.” This sentiment highlights not just the financial backing AEA provides, but also the alignment of corporate visions focused on enhancing operational capabilities within critical sectors.
As AEA Private Debt champions this initiative, it marks the third transaction within NTC Group’s portfolio that AEA has facilitated. Two previous investments originated from AEA Private Debt's recent mezzanine fund, reinforcing their collaborative efforts within the aerospace domain.
Taran Bakker, a Director at Tenax and Partner at NTC, expressed gratitude towards AEA for its expertise and collaborative approach, stating, “AEA Private Debt brought deep expertise, creative solutions, and a highly collaborative approach to this transaction.” This comment reflects the mutual respect and understanding forged through strategic partnerships vital for navigating growth challenges.
Investments of this nature come with shared victories, as MetLife Investment Management also participated in the financing alongside AEA Private Debt. Such collaborations not only provide essential capital but also embody the strength of networked investment strategies in the aerospace sector.
About AEA Private Debt
Since its inception in 2005, AEA Private Debt has emerged as a noteworthy player in senior debt, unitranche, junior debt, and equity co-investments, wielding influence across a variety of industries and markets. With a remarkable portfolio of investments exceeding $8.5 billion across more than 425 transactions, AEA's commitment to always offer tailored financing solutions is manifest.
Under the umbrella of AEA Investors, established in 1968 by prominent family interests, including Rockefeller and Mellon, AEA manages a diversified fund with approximately $18 billion dedicated to leveraged buyouts and growth equity strategies. Their global presence encompasses offices in key financial centers such as New York, London, and Shanghai, enabling them to maintain a robust connection with an extensive network of investors and business executives.
About Tenax Aerospace
Founded in 2001, Tenax Aerospace stands as a testament to innovation in specialized mission aviation. Their operations cover essential programs that are critical for national security, including aerial fire suppression and ISR (Intelligence, Surveillance, Reconnaissance) missions. The company continues to prioritize the development of customized, strategic solutions that meet the ever-evolving demands of its clients.
About NTC Group
NTC Group provides a refreshing approach to family- and founder-owned companies concerning ownership transitions, focusing on long-term growth while preserving the intrinsic culture of the enterprises. Their extensive knowledge in the aerospace and defense sectors positions them to deliver tailored capital solutions designed to accelerate growth while keeping the founder's vision intact.
For more detailed insights, visit
AEA Investors,
Tenax Aerospace, and
NTC Group.