Investment Summary

ATL Partners and Barings Private Equity Invest In Aero Accessories & Repair

On November 3, 2022, private equity firms ATL Partners and Barings Private Equity invested in business services company Aero Accessories & Repair

Investment Highlights
  • This is ATL Partners’ 1st and Barings Private Equity’s 4th transaction in the Business Services sector.
  • This is ATL Partners’ 7th and Barings Private Equity’s 44th transaction in the United States.
  • This is ATL Partners’ 1st and Barings Private Equity’s 3rd transaction in Florida.

Investment Summary

Date 2022-11-03
Target Aero Accessories & Repair
Sector Business Services
Investor(s) ATL Partners
Barings Private Equity
Deal Type Growth Capital
Advisor(s) Houlihan Lokey (Financial)
GreenbergTraurig (Legal)

Target

Aero Accessories & Repair

Miramar, Florida, United States
Aero Accessories & Repair is a provider of aerospace component maintenance, repair, and overhaul (“MRO”) services. Aero Accessories & Repair was founded in 2007 and is based in Miramar, Florida.

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Investor(S) 2

DESCRIPTION

ATL Partners is a private investment firm focused on private equity and debt investments in the aerospace, transportation, and logistics sectors. ATL's minimum investment size is $75 million, however the Firm has the ability to invest up to $750 million with its co-investment partners. ATL Partners was formed in 2014 and is based in New York City.


DEAL STATS #
Overall 7 of 7
Sector (Business Services) 1 of 1
Type (Growth Capital) 4 of 4
State (Florida) 1 of 1
Country (United States) 7 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Pilot Freight Services

Glen Mills, Pennsylvania, United States

Pilot Freight Services is a transportation and logistics provider with over 75 locations throughout North America and Western Europe. The company’s freight forwarding services encompass every mode of transportation, including air, ground, and ocean, serving all corners of the globe. Pilot’s logistics programs offer a complete line of expedited and time-definite services, international shipping solutions, e-commerce, and home delivery solutions, product warehousing, and inventory management. Pilot Freight Services was founded in 1970 and is based in Glen Mills, Pennsylvania.

Sell $1.7B
Investor

Barings Private Equity

Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 5.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Barings Private Equity is the private equity arm of global asset management firm Barings. The Group looks to invest in mezzanine, distressed, and other private equity transactions including secondaries and funds. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Barings Private Equity was originally established in 1991 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 48 of 53
Sector (Business Services) 4 of 4
Type (Growth Capital) 5 of 5
State (Florida) 3 of 3
Country (United States) 44 of 48
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 Jones Lake Management

Cincinnati, Ohio, United States

Jones Lake Management is a provider of professional pond and lake management services. The Company offers a range of services including annual, recurring pond and lake treatment services, fish stocking, aeration systems and services, algae and aquatic weed management, and other related services. Jones Lake Management was founded in 1989 and is headquartered in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-27 Aqualung Group

Provence-Alpes-Côte d'Azur, France

Aqualung Group engages in manufacturing of equipment for adventure, fitness and safety whether in the water, on land or in the air. Each of company brands services the specific needs of demanding customers through product innovation, worldwide distribution and customer service. Aqualung is dedicated to designing, manufacturing and delivering quality gear for recreational and professional use. Aqualung Group was founded in 1943 and is based in Provence-Alpes-Côte d'Azur, France.

Buy -