Platinum Equity Affiliate Acquires Wesco Aircraft and Combines It with Pattonair
January 9, 2020
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.
- Buyers
- Platinum Equity
- Targets
- Wesco Aircraft Holdings Inc.
- Platforms
- Pattonair
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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