AIAI Holdings to Acquire Controlling Interest in Defense Business from Messier 42 LLC

AAR to Acquire 65% Controlling Interest in MRO Holdings

September 28, 2026

Aerospace & Defense

AAR entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, while MRO Holdings’ existing owners will retain a minority stake and AAR will have options to acquire the remaining interest. The acquisition is expected to add substantial aircraft heavy-maintenance capacity and expand AAR’s aviation aftermarket platform; closing is expected in AAR’s fiscal third quarter ending February 2027, subject to regulatory approvals and customary conditions.

ITT Acquires Aerospace Contacts LLC for $31 Million

June 17, 2026

Aerospace & Defense

ITT Inc. has signed a definitive agreement to acquire Aerospace Contacts LLC, a privately held manufacturer of specialized, high-reliability contact systems and interconnect components, for $31 million. The acquisition is expected to close in the third quarter of 2026 and is intended to strengthen ITT’s Connect & Control Technologies supply chain resilience and growth in aerospace and defense.

QIA Takes Minority Stake in Advanced Integration Technology (AIT)

February 22, 2022

Industrial Services

Qatar Investment Authority (QIA) agreed to acquire a minority interest in Advanced Integration Technology (AIT) through a combination of primary capital and partial share purchases from AIT’s founding management and Onex Partners IV. The transaction creates joint minority ownership between QIA, AIT’s management and Onex and is intended to support AIT’s post-pandemic growth and innovation in aerospace, defense and space launch automation, including urban air mobility.

Mitsubishi HC Capital Acquires CAI International

June 17, 2021

Transportation

CAI International agreed to be acquired by Mitsubishi HC Capital Inc. (MHC) in an all-cash transaction valued at $1.1 billion equity value ($2.9 billion enterprise value), paying $56.00 per share to CAI shareholders. CAI stockholders approved the merger, and the deal is expected to close in late Q3 or early Q4 2021, after customary closing conditions including a required “migration” of certain subsidiaries to the United States.

World Insurance Associates Acquires Airways International Insurance Services

May 1, 2020

Insurance

World Insurance Associates LLC (WIA), a Top 100 insurance brokerage based in Tinton Falls, New Jersey, acquired Airways International Insurance Services LLC (AIIS) of Mickleton, New Jersey on May 1, 2020; terms were not disclosed. The acquisition brings AIIS's aviation and marine insurance expertise and team into WIA as part of WIA's ongoing roll-up strategy to expand its capabilities and end-market coverage.

Sekisui Chemical Acquires AIM Aerospace from Liberty Hall for US$510 Million

June 17, 2019

Aerospace & Defense

Sekisui Chemical Co., Ltd. agreed to acquire AIM Aerospace from Liberty Hall Capital Partners for US$510 million in cash. AIM Aerospace, a Renton, Washington–based designer and manufacturer of advanced composite structures, engine components and thermoplastic aerospace technologies, becomes a wholly owned operating company of Sekisui to expand the acquirer's aerospace materials and manufacturing capabilities.