Who Owns Wesco Aircraft (Incora)?

Is Wesco Aircraft Holdings the same as Wesco International?
No. Wesco Aircraft Holdings, Inc. (dba Incora) is a privately held aerospace supply chain company based in Fort Worth, Texas. Wesco International Inc. (NYSE: WCC) is a separate publicly traded electrical products distributor based in Pittsburgh, Pennsylvania. The two companies share a similar name but have no corporate relationship. Wesco Aircraft was founded in 1953 in Valencia, California, while Wesco International was formed from the 2010 merger of Wesco International and Anixter International.

Is Wesco Aircraft Holdings publicly traded?
No. Wesco Aircraft was previously listed on the New York Stock Exchange under ticker WAIR. Platinum Equity acquired the company in January 2020 and took it private. The company filed for Chapter 11 bankruptcy in June 2023 and emerged on January 31, 2025 under new ownership by institutional investors. It remains privately held and does not publish public financial statements.

What happened to Wesco Aircraft Holdings?
Wesco Aircraft was acquired by Platinum Equity in January 2020 and merged with Pattonair, a UK-based aerospace supply chain company. The combined entity was rebranded as Incora in March 2020. Incora filed for Chapter 11 bankruptcy in June 2023 due to unsustainable debt and pandemic-related revenue declines. The company emerged from bankruptcy on January 31, 2025 with approximately $2 billion in debt eliminated and new ownership by institutional investors.

Who founded Wesco Aircraft?
Jack Snyder founded Wesco Aircraft in 1953 in Valencia, California. The business started as a scrap metal and hardware dealer. Snyder's son, Randy Snyder, took over as CEO in 1977 and focused the company on aircraft parts distribution. Under Randy Snyder, Wesco grew into a major aerospace distributor with over 7,000 customers and went public on the NYSE under ticker WAIR.

Who owns Incora now?
Incora is owned by a group of institutional investors who received equity in the reorganized company as part of its Chapter 11 exit. The previous owner, Platinum Equity, controlled the company from the January 2020 acquisition through the bankruptcy. The reorganization plan, confirmed on December 27, 2024, transferred ownership to the lender group, specifically an ad hoc group of noteholders. Specific investor identities have not been publicly disclosed in detail.

What does Incora do?
Incora provides supply chain management services to the aerospace and defense industry. Services include procurement, inventory management, warehousing, kitting, just-in-time delivery, chemical management, and on-site customer support. The company manages over 600,000 stock-keeping units and serves over 8,400 customers globally. It also serves industrial manufacturing, automotive, and pharmaceutical markets through its supply chain expertise.

Where is Incora headquartered?
Incora is headquartered at 2601 Meacham Boulevard, Suite 400, Fort Worth, Texas, USA. The company moved its primary operations from Valencia, California to Fort Worth following the 2020 merger with Pattonair. Incora maintains major operational centers in Derby, United Kingdom, and Singapore, along with facilities in 19 countries totaling 68 locations.