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Carlyle's StandardAero acquires Aero Turbine, Inc. from Gallant Capital Partners

PUBLIC · SAROAug 26, 2024

Acquiring Company

StandardAero

Acquired Company

Aero Turbine

ScottsdaleStocktonManufacturingAerospaceAviation & AerospaceManufacturing

Description

Gallant Capital Partners has announced the sale of Aero Turbine, Inc to StandardAero, a portfolio company of Carlyle. Aero Turbine is a comprehensive provider of maintenance, repair, and overhaul (MRO) services and consultative repair solutions for military engines and accessories. The acquisition aims to strengthen StandardAero's position in the aerospace engine aftermarket services.

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Company Information

Company

StandardAero

Location

6710 North Scottsdale Road

Scottsdale, Arizona, United States

About

StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. It provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions.

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Frequently asked

Who acquired Aero Turbine?

Aero Turbine was acquired by StandardAero, based in Scottsdale. The deal was reported on August 26, 2024. StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. StandardAero is publicly traded (SARO) and operates in Manufacturing.

When did StandardAero acquire Aero Turbine?

StandardAero's acquisition of Aero Turbine was reported on August 26, 2024. Gallant Capital Partners has announced the sale of Aero Turbine, Inc to StandardAero, a portfolio company of Carlyle. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aero Turbine do?

Aero Turbine is a comprehensive provider of maintenance, repair, and overhaul (MRO) services and consultative repair solutions for military engines and accessories. It is privately held, operating in Manufacturing, and is based in Stockton.

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