M&A Deal Summary

Marubeni and Mizuho Leasing Acquire Aircastle

On November 6, 2019, Marubeni and Mizuho Leasing acquired financial services company Aircastle for 7.4B USD

Acquisition Highlights
  • This is Marubeni’s 1st and Mizuho Leasing’s 1st transaction in the Financial Services sector.
  • This is Marubeni’s and Mizuho Leasing’s largest (disclosed) transaction.
  • This is Marubeni’s 14th and Mizuho Leasing’s 1st transaction in the United States.
  • This is Marubeni’s 2nd and Mizuho Leasing’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2019-11-06
Target Aircastle
Sector Financial Services
Buyer(s) Marubeni
Mizuho Leasing
Deal Type Merger
Deal Value 7.4B USD
Advisor(s) Citigroup Investment Banking (Financial)
Skadden, Arps, Slate, Meagher & Flom
Conyers Dill & Pearman (Legal)

Target

Aircastle

Stamford, Connecticut, United States
website
Aircastle acquires, leases and sells commercial jet aircraft to airlines throughout the world. Aircastle owns and manages on behalf of its joint ventures 300+ aircraft leased to customers around the world. Aircastle was formed in 2004 and is based in Stamford, Connecticut.

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Buyer(S) 2

Buyer

Marubeni

Tokyo, Japan

website


Category Company
Founded 1858
Sector Diversified
Employees42,882
Revenue 8,508.6B JPY (2022)
DESCRIPTION
Marubeni's corporate headquarters in Tokyo, Japan.
Marubeni's corporate headquarters in Tokyo, Japan.

Marubeni is a global trading and investment firm with a diverse range of business interests. These areas encompass importing and exporting, as well as transactions in the Japanese market, related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore trading. The Company's activities also extend to power projects and infrastructure, plants and industrial machinery, finance, logistics and information industry, and real estate development and construction. Marubeni was founded in 1858 and is based in Tokyo, Japan.


DEAL STATS #
Overall 46 of 63
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Connecticut) 2 of 2
Country (United States) 14 of 16
Year (2019) 2 of 2
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 GridMarket

New York, New York, United States

GridMarket LLC is a dynamic distributed energy project platform and competitive marketplace leveraging big data and predictive analytics to accelerate the global energy transition. The GridMarket platform automates the creation of customized opportunity assessments and technology agnostic recommendations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-17 Carbon Clean Solutions

Reading, United Kingdom

Carbon Clean Solutions Ltd. is a developer and owns the technology to capture carbon dioxide (hereinafter, “CO2”) from the flue gas emitted by coal/gas fired power plants and industrial plants. Carbon Clean Solutions was established in 2009 and is based in Reading, United Kingdom.

Buy -
Buyer

Mizuho Leasing

Tokyo, Japan

website


Category Company
Founded 1969
Sector Financial Services
DESCRIPTION

Mizuho Leasing Co. Ltd. is a general leasing company focused on financing for equipment and other assets through leasing and installment sales, while also actively growing our operations in Japan and overseas as a comprehensive financial services group serving the business community. In addition to providing finance for capital investment in industrial machine tools, IT equipment, medical equipment, and other business assets.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1