Gores Holdings III Completes Acquisition of PAE; Combined Company Renamed PAE Incorporated

Amentum Acquires PAE Incorporated

February 15, 2022

Government & Public Sector

Amentum has completed its all-cash acquisition of PAE Incorporated for approximately $1.9 billion (including assumed debt and fees), combining the two government services contractors to create a more diversified provider with over $9 billion of combined revenue. The deal expands Amentum's capabilities in intelligence, cyber, synthetic training, sensor-based technologies, space operations, environmental solutions, and mission support, and brings PAE's ~20,000 employees into Amentum's organization.

Polestar Completes Business Combination with Gores Guggenheim and Lists on Nasdaq

June 23, 2022

Automotive

Polestar completed its business combination with special purpose acquisition company Gores Guggenheim, raising approximately $890 million in gross proceeds and beginning to trade on the Nasdaq under the ticker PSNY. The transaction positions Polestar to accelerate global expansion and product launches, supported by capital from a committed PIPE and cash held in trust.

Gores Metropoulos II Completes Business Combination with Sonder Holdings Inc.

January 18, 2022

Restaurants & Hospitality

Sonder Holdings Inc. completed its previously announced business combination with SPAC Gores Metropoulos II and will commence trading on the Nasdaq under ticker SOND. The deal included approximately $310 million of PIPE commitments from investors (including affiliates of GMII, Fidelity, BlackRock, Atreides and Senator) and provides access to $165 million of delayed draw notes to strengthen Sonder's balance sheet and fund growth.

PAE Acquires Metis Solutions Corporation for $92M

November 16, 2020

Aerospace & Defense

PAE (NASDAQ: PAE) will acquire Metis Solutions Corporation for approximately $92 million in cash, expanding PAE's intelligence analysis, training and program management capabilities for intelligence and defense customers. Metis, headquartered in Arlington, Virginia with more than 450 employees, brings additional contract vehicles and is expected to be accretive to PAE's financial metrics.

Platinum Equity Affiliate Acquires Wesco Aircraft and Combines It with Pattonair

January 9, 2020

Aerospace & Defense

An affiliate of Platinum Equity completed the acquisition of Wesco Aircraft Holdings Inc. for approximately $1.9 billion and immediately combined Wesco with Platinum Equity portfolio company Pattonair. The combination creates a roughly $2.4 billion, global aerospace supply-chain and distribution business headquartered in Valencia, California, with operations across 17 countries and more than 4,000 employees to expand scale, product breadth and supply‑chain capabilities.

PAI Partners and ADIA Acquire Majority Stake in Alvest

January 31, 2025

Aerospace & Defense

PAI Partners, together with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has acquired a majority stake in Alvest, the global leader in airport Ground Support Equipment (GSE). Ardian retains a minority stake alongside the company's founders and management; the investment will support Alvest's expansion, accelerate the transition to electric GSE and grow its product and service offering worldwide.