Public Company Industrial Services

AAR Corp

Wood Dale, Illinois, United States

Global aerospace and defense aftermarket solutions provider delivering aviation services including maintenance, repair and engineering (MRO), parts supply, integrated solutions, and expeditionary services to commercial and government customers.

Focus Areas
Aviation MRO (maintenance, repair and overhaul), Repair and engineering services, Aircraft parts supply
Website
aarcorp.com

Tracked deals

4

4 tracked deals across 2025-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout

AAR Corp Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for AAR Corp. 3 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • AAR to Acquire 65% Controlling Interest in MRO Holdings
    September 28, 2026
    Buyer
    AAR CORP., The Pritzker Organization
    Target
    MRO Holdings
    Seller
    Existing MRO Holdings shareholders (selling owners)
    Industry
    Aerospace & Defense
    Location
    United States
    Type
    Buyout

    AAR Corp. entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings, valuing the business at an implied enterprise value of about $4.0 billion. The deal is expected to strengthen AAR’s integrated Parts, Repair, and Software aviation aftermarket platform, creating a scaled heavy-maintenance MRO operation.

  • AAR Corp Acquires Aircraft Reconfig Technologies
    December 17, 2025
    Buyer
    AAR CORP.
    Target
    Aircraft Reconfig Technologies
    Seller
    ZIM Aircraft Cabin Solutions
    Industry
    Aerospace & Defense
    Location
    North Carolina, United States
    Type
    Buyout

    AAR Corp. entered into a definitive agreement to acquire Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions for $35 million in an all-cash transaction, subject to customary adjustments and closing conditions. The acquisition is expected to close in the fourth quarter of AAR’s fiscal year 2026 and is intended to expand AAR’s engineering and in-house certification capabilities for passenger aircraft interior reconfigurations.

  • AAR Corp. Acquires HAECO Americas from HAECO Group
    November 3, 2025
    Buyer
    AAR Corp.
    Target
    HAECO Americas
    Seller
    HAECO Group
    Industry
    Aerospace & Defense
    Location
    North Carolina, United States
    Type
    Buyout

    AAR Corp. has acquired HAECO Americas from HAECO Group for $78 million in cash, expanding AAR's heavy maintenance footprint with two facilities in Greensboro, North Carolina and Lake City, Florida. The deal adds roughly 1,600 employees and comes with multi-year heavy maintenance contracts worth over $850 million, which effectively sell out the acquired facilities and support AAR's Repair & Engineering growth strategy.

  • AAR CORP. Acquires Aerostrat
    August 12, 2025
    Buyer
    AAR CORP.
    Target
    Aerostrat
    Industry
    Aerospace & Defense
    Location
    Washington, United States
    Type
    Buyout

    AAR CORP. has acquired Seattle-based Aerostrat, a long-range aviation maintenance planning software provider, for $15 million plus contingent consideration of up to $5 million. The deal brings Aerostrat's Aerros product into AAR's Trax suite to expand Trax's ERP and long-range planning capabilities and continue to offer Aerros as a standalone solution to airlines, MROs, and cargo operators.

Related Acquisition Pages

Aerospace & Defense Buyers & Acquisitions 4 tracked deals by AAR Corp. Acquisitions in North Carolina 2 tracked deals by AAR Corp. Acquisitions in Washington 1 tracked deal by AAR Corp.

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