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AerSale completes USD250m equity raise with Leonard Green

AerSale has completed an initial USD250m equity raise with Green Equity Investors V, an affiliate of private equity firm Leonard Green.

AerSale is a provider of aftermarket aircraft, engines and their component parts to airlines, leasing companies, and OEM/MRO service providers.

"We’re extremely excited to have partnered with Leonard Green & Partners," says Nicolas Finazzo, AerSale’s chief executive officer. "This partnership will allow us to channel all of our energy into acquiring, leasing, and redistributing our products to the aviation industry. Our business plan at AerSale calls for the acquisition of over USD1bn of aviation assets during the next five years."

"We believe that AerSale represents a terrific opportunity to invest alongside one of the most experienced management teams in the industry. With their proven track record, we fully expect AerSale to rapidly become an industry leader in the mid-technology aircraft space," adds Jonathan Seiffer, partner at Leonard Green.

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