Sumitomo Completes Full Acquisition of Werner Aero LLC

Aero Accessories Acquires Aero Instruments & Avionics

November 4, 2024

Aerospace & Defense

Aero Accessories & Repair, LLC, a portfolio company of ATL Partners, has acquired Buffalo, New York-based Aero Instruments & Avionics. The add-on strengthens Aero Accessories' MRO capabilities across avionics, electro-mechanical and other complex aircraft components and expands its presence in the commercial, cargo and defense aftermarket; terms were not disclosed.

Aero 3, Inc. (AeroRepair) Acquires Aircrafters, Inc.

October 4, 2022

Aerospace & Defense

Aero 3, Inc., the parent of AeroRepair and a portfolio company of GenNx360 Capital Partners, has acquired Aircrafters, Inc., a New Castle, Delaware–based distributor of aircraft wheel and brake parts and provider of exchange asset pools. The acquisition expands Aero 3's parts distribution capabilities and North American logistics footprint while keeping Aircrafters' management in place.

Aero 3, Inc. (GenNx360) Acquires Skywheels Ltd.

November 14, 2023

Aerospace & Defense

Aero 3, Inc., a GenNx360 Capital Partners portfolio company and parent of AeroRepair, Aircrafters and Hemico, has acquired Skywheels Ltd., a Cheshire, England-based wheel and brake repair and overhaul provider for the aviation industry. The acquisition adds a U.K./EMEA footprint to Aero 3's existing North American network and is intended to expand Aero 3's product, parts exchange and MRO capabilities across Europe.

Sumitomo Corporation Acquires Saconix LLC

June 8, 2023

Industrial Services

Sumitomo Corporation, through Sumitomo Corporation of Americas, has completed the acquisition of Saconix LLC from Copperbeck Energy Partners, making Saconix a wholly owned subsidiary of the Sumitomo Corporation Group. The deal adds sulfuric acid storage tanks and transloading facilities in the U.S. West and Gulf Coast, expanding Sumitomo's North American logistics capacity and boosting its global sulfuric acid trading and storage footprint.

Air Lease Corporation Acquired by Sumisho Air Lease (Sumitomo, SMBC Aviation Capital, Apollo and Brookfield)

September 2, 2025

Transportation

Air Lease Corporation has entered into a definitive agreement to be acquired in a 100% cash transaction by a newly established Dublin-based holding company, Sumisho Air Lease Corporation DAC. At closing, Air Lease stockholders will receive $65.00 per share in cash (about $7.4 billion equity value; about $28.2 billion including assumed/refinanced debt), with the transaction expected to close in the first half of 2026.

ATL Partners Makes Majority Investment in Aero Accessories

November 3, 2022

Aerospace & Defense

ATL Partners has made a majority investment in Aero Accessories & Repair, LLC, a Miramar, Florida-based provider of aerospace component maintenance, repair, and overhaul (MRO) services. The founders, David and Kevin Vail, will remain significant equity holders and management will continue to run the business as ATL looks to support organic growth, geographic expansion and pursue add-on opportunities.