Bain Capital-backed MRO Holdings agrees to 65 percent sale to AAR at $4bn EV
AI Summary
AAR has agreed to acquire a 65 percent stake in MRO Holdings at an enterprise value of $4 billion. The aircraft maintenance provider, backed by Bain Capital, employs about 10,000 people and operates facilities across the Americas.
MRO Holdings provides aircraft maintenance, repair and overhaul services across the Americas, with around 10,000 staff and facilities in El Salvador, Mexico, Colombia and the US. The post Bain Capital-backed MRO Holdings agrees to 65 percent sale to AAR at $4bn EV appeared first on PE Hub.