Heartwood Partners’ Growth-Oriented, Low-Leverage Approach to Support TXG’s Expansion

Heartwood Partners is pleased to announce that, on May 29, 2026, in partnership with the management team who will continue to lead the Company, it made a growth investment in The Xtreme Group (“TXG” or the “Company”).

Headquartered in Miami, Florida, TXG has built a leading independent, full-service aviation MRO platform with capabilities spanning airframe heavy maintenance, engine MRO, line maintenance, aircraft on ground (AOG) services, and the sale and lease of aircraft and engines, serving primarily cargo and commercial operators. The Company serves a marquee customer base from its headquarters in Miami, Florida, with line maintenance stations across major U.S. airports.

“We are delighted to partner with Carlos and the entire TXG team as they enter this exciting next chapter of growth,” said Ed Tan, Managing Partner, Heartwood Partners. “We first met Carlos at the annual MRO show, and we are proud to have fostered that relationship into today’s partnership. TXG has built an exceptional reputation in aviation MRO through over a decade of consistent, high-quality execution for some of the industry’s most demanding cargo and commercial operators. Heartwood’s growth-oriented, low-leverage approach is well-suited to support TXG’s expansion into new geographies, service lines, and additional capacity, and we look forward to partnering with Carlos and the team to accelerate that trajectory.”

“The Xtreme Group exemplifies the type of founder-led, operationally excellent business that Heartwood is built to back,” said James Jang, Managing Director, Heartwood Partners. “Carlos and the TXG team have created a differentiated platform in a large and growing MRO market, and we see significant opportunity to build on that foundation — both organically and through strategic add-on acquisitions. We are excited to bring Heartwood’s full resources to bear in support of that vision.”

“Since founding Xtreme Aviation in 2013, our singular focus has been on delivering the highest-quality MRO services to our customers — on time, on budget, and to the safety standards they demand,” said Carlos Cock, Chief Executive Officer, The Xtreme Group. “Partnering with Heartwood marks an exciting new chapter for TXG. Their growth-oriented investment approach and in-house value creation capabilities give us the resources to expand our capacity, broaden our service lines, and extend our geographic reach — all while maintaining the quality and customer relationships that define who we are. We look forward to what we will build together.”

Please contact the following members of the investment team at Heartwood Partners with investment or add-on opportunities: