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  6. Residco Acquires Brown Aviation Lease

M&A Deal Summary

Residco Acquires Brown Aviation Lease

On May 6, 2022, Residco acquired aerospace company Brown Aviation Lease

Acquisition Highlights
  • This is Residco’s 1st transaction in the Aerospace sector.
  • This is Residco’s 1st transaction in the United States.
  • This is Residco’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-05-06
Target Brown Aviation Lease
Sector Aerospace
Buyer(s) Residco
Deal Type Add-on Acquisition

Target

Brown Aviation Lease

Maynard, Massachusetts, United States
Brown Aviation Lease is a producer of flight training industry research and analysis and currently manages over 100 single and twin-engine aircraft including Piper, Diamond, Cessna, and Cirrus. Brown Aviation Lease is based in Maynard, Massachusetts.

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Buyer(S) 1

Buyer

Residco

Chicago, Illinois, United States
Category Company
Founded 1982
Sector Aerospace
DESCRIPTION

Residco is a privately held rail and aircraft leasing firm that specializes in the acquisition and leasing of commercial aircraft and engines. Residco was founded in 1982 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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