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Signature Aviation Sells Engine Repair Unit To StandardAero For $230 Million

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Signature Aviation has signed a definitive agreement to sell its engine repair and overhaul division to StandardAero, a U.S.-based MRO specialist owned by Carlyle Group, in a transaction valued at $230 million. The strategic divestment marks an important milestone for Signature as it refocuses on its core operations within the fixed-base operator (FBO) sector serving private and business jet clients worldwide.

StandardAero Shareholders Plan Secondary Offering

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StandardAero, a U.S.-based aerospace MRO company, has announced that two of its primary shareholders — affiliates of The Carlyle Group (US) and GIC (Singapore) — intend to initiate an underwritten secondary offering comprising 30,000,000 shares of common stock. The proceeds from the offering will be received entirely by the selling shareholders, with StandardAero itself not receiving any portion of the proceeds.

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StandardAero Share Sale by Carlyle Group and GIC Private

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StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.