Monocle Acquisition Corporation Merges with Leonard Green‑backed AerSale Corporation
December 22, 2020
Monocle Acquisition Corporation (a SPAC) completed a business combination with Leonard Green & Partners‑backed AerSale Corporation, taking AerSale public on the Nasdaq under the ticker ASLE. The transaction provided AerSale with cash and equity consideration (implied enterprise value ≈ $430M at signing) to strengthen its balance sheet and support expansion of its MRO, asset purchase, and engineered solutions initiatives while existing shareholders, including Leonard Green & Partners, retained a significant equity stake.
- Buyers
- Monocle Acquisition Corporation
- Targets
- AerSale Corporation
- Sellers
- Leonard Green & Partners, Florida Growth Fund LLC, Nicolas Finazzo, Robert Nichols
- Industry
- Aerospace & Defense
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Levine Leichtman Capital Partners Acquires SK AeroSafety
January 28, 2019
Industrial Services
Levine Leichtman Capital Partners (LLCP) has acquired SK AeroSafety from SK FireSafety, a portfolio company of Apax Partners, with SK AeroSafety’s management (led by CEO Chris Wright) investing alongside LLCP. The investment will support SK AeroSafety’s global MRO operations for aircraft passenger safety equipment and fund growth through further acquisitions and service expansion across its locations in the Netherlands, United Kingdom, United States, Malaysia and Dubai.
-
Blade Air Mobility to Acquire Asset-Light Commercial Activities of Monacair and Héli Sécurité (and a Third European Helicopter Operator)
May 19, 2022
Transportation
Blade Air Mobility, Inc. entered into a definitive agreement to acquire the asset-light commercial passenger transport activities of Monacair SAM and Héli Sécurité, along with a third prominent European helicopter operator. Blade will become the exclusive customer of the acquired air carriers, while the carriers retain fleet ownership and operate only the scheduled by-the-seat and charter services in southern Europe as Blade rolls out branded services and branded terminals.
-
Acorn Capital Completes Single-Asset Continuation Fund for Sentry Aerospares
June 11, 2025
Aerospace & Defense
Acorn Capital Management closed a single-asset continuation fund for Sentry Aerospares, co-led by Kline Hill Partners and LSV Advisors, providing liquidity to existing investors and extending Acorn's partnership with Sentry's management and founders. The new vehicle secures additional capital to support Sentry's global growth plans, including inventory expansion, technology upgrades, and potential acquisitions to strengthen its aftermarket supply chain and AOG capabilities.
-
Aero-mark, LLC Sells Certified Aviation Services
July 8, 2024
Aerospace & Defense
Crewe Capital advised private investment firm Aero-mark, LLC in the sale of Certified Aviation Services, LLC (CAS), a U.S.-based aircraft maintenance, repair and overhaul (MRO) services provider. The buyer was not disclosed in public announcements; CAS provides line maintenance, modifications, recoveries and component services to fleet operators, lessors and OEMs.
-
Morgan Stanley PE Secondaries and Clairvest Invest Growth Capital in Top Aces
May 31, 2023
Aerospace & Defense
Investment funds managed by Morgan Stanley Private Equity Secondaries and Clairvest Group completed a growth equity investment in Top Aces alongside existing shareholder CDPQ. The capital will support expansion of Top Aces' aircraft fleet and the international growth of its adversary air and JTAC training services.
-
Greenbriar Equity Group Acquires Sunvair Aerospace Group from Blue Sea Capital
June 5, 2024
Aerospace & Defense
Funds managed by Greenbriar Equity Group completed the acquisition of Sunvair Aerospace Group, a U.S.-based aircraft component MRO specialist, from Blue Sea Capital. Greenbriar said the investment will support Sunvair's organic growth and acquisition strategy to expand its engineered MRO capabilities across landing gear, avionics and accessory repairs.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.