Warburg Pincus, a recognised pioneer in global growth investment, has confirmed its acquisition of Topcast Aviation Supplies Company Limited (Topcast), the largest independent distributor of civil aviation parts and a major MRO provider in the Asia Pacific region. The deal strengthens the firm’s long-standing commitment to high-growth aviation sectors and deepens its footprint across one of the world’s most vibrant markets.
Founded in 1991 and headquartered in Hong Kong, Topcast delivers integrated solutions for the civil aviation industry. Its portfolio spans aircraft parts and consumables, buyer-furnished equipment (BFE), Original Equipment Manufacturer (OEM) services, and comprehensive repair and maintenance support. With an exceptional local presence, Topcast has become a trusted partner for airlines, MROs, and OEMs worldwide. The company now operates across Asia Pacific, EMEA, and the Americas, linking global aviation manufacturers with rapidly expanding regional demand.
Warburg Pincus remains one of the most active private equity investors in the aviation space. Its current and past investments include Accelya, Aquila Air Capital, CAMP Systems, Consolidated Precision Products, Extant Aerospace, TransDigm, Triumph, and Wencor. The firm has built an especially influential presence in Asia Pacific over the past three decades. With around US$34 billion invested in more than 270 companies across the region, it continues to follow a locally attuned, partnership-driven approach to sustained value creation.
Commenting on the acquisition, Ben Zhou, Managing Director and Co-Head of China Private Equity at Warburg Pincus, noted that Asia Pacific remains one of the most dynamic civil aviation markets globally. He emphasised that Topcast has earned its reputation as a dependable and forward-thinking partner, supporting the efficiency, reliability, and safety of aviation supply chains. Zhou added that the business stands out due to its regional insight, technical capability, and customer-first mindset. Warburg Pincus plans to support Topcast in enhancing its local strengths, extending its international partnerships, and pursuing its next stage of sustainable expansion.
