Add-on Acquisition • Aerospace

AerSale Acquires Qwest Air Parts

On June 25, 2019, AerSale acquired aerospace company Qwest Air Parts

Acquisition Context
  • This is AerSale’s 1st transaction in the Aerospace sector.
  • This is AerSale’s 1st transaction in the United States.
  • This is AerSale’s 1st transaction in Tennessee.

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M&A Deal Summary

Date June 25, 2019
Target Qwest Air Parts
Sector Aerospace
Buyer(s) AerSale
Deal Type Add-on Acquisition

Target Company

Qwest Air Parts

Memphis, Tennessee, United States
Qwest Air Parts, Inc. is a distributor of rotables, avionics, and expendables to major airlines. Qwest Air Parts was formed in 1999 and is based in Memphis, Tennessee.
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Buyer Overview 1

Buyer

AerSale

Coral Gables, Florida, United States

Category Company
Founded 2008
Sector Aerospace
Employees636
Revenue 345M USD (2024)
DESCRIPTION

AerSale is a provider of aftermarket aircraft, engines, and their component parts to airlines, leasing companies, and OEM/MRO service providers. AerSale was formed in 2008 and is based in Coral Gables, Florida.


Deal Context for Buyer #
Overall 1 of 2
Sector: Aerospace 1 of 1
Type: Add-on Acquisition 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 Monocle Acquisition

New York, New York, United States

Monocle Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses with a focus in the aerospace and defense sectors.

Buy $430M