Commercial aircraft production rates are targeting unprecedented levels, while supply chain challenges have introduced new complexities for OEMs and Tier 1 suppliers. Customers seek suppliers with strong balance sheets and a broad range of component and assembly capabilities and value-added service offerings, while expecting investments in new capacity and increased throughput. Aftermarket commercial aviation services including maintenance, repair and overhaul, airport ground handling, pilot training, parts distribution, and spares production are seeing robust growth, creating new opportunities for sponsors and corporate acquirers.
Commercial Aviation
CSP’s experienced team of commercial aviation advisory consultants supports U.S., Canadian, European, and Middle Eastern private equity clients and strategic investors active in all tiers of the industry, in both the OE and aftermarket segments. Representative focus areas include aerostructures, aeroengine components, avionics, aircraft interiors, airport services, business aviation services, and the full range of aftermarket hardware and support.
In recent years, we have advised on commercial aviation transactions with aggregate enterprise value of more than $25 billion, including:
- Sale of MB Aerospace, a portfolio company of The Blackstone Group, to Barnes Aerospace
- Acquisitions of Testvonics, Sensor Concepts and King Nutronics by Raptor Scientific, a portfolio company of L Squared Capital Partners
- Acquisitions of Blaenavon forging business of Doncasters Group, Firth Rixson Forgings, Steel Industries and Continental Forge by Forged Solutions Group, a portfolio company of Arlington Capital
- Acquisition of Mecaer by Fondo Italiano d’Investimento and Stellex Capital Management
- Acquisition of Ferra Holdings by Accurus Aerospace Corp., a portfolio company of Liberty Capital Partners
- Acquisition of Signature Flight Support by The Blackstone Group, Global Infrastructure Partners and Cascade Investments
- Sale of American Pacific Corp., a portfolio company of Huntsman Family Investments to AE Industrial Partners
