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GA Telesis, LLC to acquire AAR CORP.'s Landing Gear Overhaul Business and Wheels & Brakes business unit

PRIVATEDec 20, 2024

Acquiring Company

GA Telesis

Acquired Company

AAR

Fort LauderdaleWood DaleAirlines and AviationAerospaceGovernment

Description

GA Telesis, LLC, a global provider of integrated aviation services, has signed a definitive agreement to acquire AAR CORP.'s Landing Gear Overhaul business and its Wheels & Brakes business unit. This acquisition is expected to strengthen GA Telesis' capabilities in servicing and overhauling landing gear systems for various commercial and military aircraft, including Airbus, Boeing, Bombardier, and Embraer platforms, as well as adding specialized wheel and brake repair services to enhance its offerings to the aviation industry.

Quick answer

GA Telesis is acquiring AAR, announced December 20, 2024. GA Telesis is based in Fort Lauderdale, Florida, United States.

How much did GA Telesis pay for AAR?
The deal value was not disclosed.
What does GA Telesis do?
Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management.
Where are GA Telesis and AAR based?
GA Telesis is based in Fort Lauderdale, Florida, United States. AAR is based in Wood Dale, Illinois, United States.
Who are the decision-makers at GA Telesis?
Fundz holds 1 contact at GA Telesis. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GA Telesis

Location

Fort Lauderdale, Florida, United States

About

Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management. GA Telesis operates sales, leasing, distribution, and maintenance facilities in the United States, Canada, United Kingdom, Finland and China. Over the past twenty years, GA Telesis has emerged as a global leader in the aerospace industry. GA Telesis is uniquely positioned to deliver complete global solutions to companies seeking to gain competitive advantages in the industry. Our company is comprised of multiple integrated business units designed to maximize the value of commercial aircraft and engines throughout their entire useful life cycle. Our sales, distribution and maintenance facilities are strategically positioned around the globe and our dedicated professional team extensive relationships and industry experience enables us to execute our strategies. With the support of our independent shareholders, Tokyo Century Corporation and ANA Trading Corporation, GA Telesis has the unique ability to acquire, invest, co-invest and maximize the value of aerospace related assets and companies.

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Frequently asked

Who acquired AAR?

AAR was acquired by GA Telesis, based in Fort Lauderdale. The deal was reported on December 20, 2024. Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management. GA Telesis is privately held and operates in Airlines and Aviation.

When did GA Telesis acquire AAR?

GA Telesis's acquisition of AAR was reported on December 20, 2024. GA Telesis, LLC, a global provider of integrated aviation services, has signed a definitive agreement to acquire AAR CORP.'s Landing Gear Overhaul business and its Wheels & Brakes business unit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AAR do?

AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. It is publicly traded (AIR), operating in Aerospace, and is based in Wood Dale.

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