SOURCE: Imperial Capital

Imperial Capital

January 14, 2010 12:39 ET

Imperial Capital Advises AerSale Holdings, Inc. in Its $250 Million Equity Raise With Leonard Green & Partners, L.P.

LOS ANGELES, CA--(Marketwire - January 14, 2010) - Imperial Capital announced today the closing of an initial $250 million equity raise for AerSale ("AerSale" or "the Company"), a Coral Gables, Fla.-based provider of aftermarket aircraft, engines and components. Imperial Capital, LLC acted as exclusive financial advisor to AerSale. Green Equity Investors V., L.P., an affiliate of Leonard Green & Partners, L.P. provided the equity capital.

"We engaged Imperial Capital due to their significant institutional relationships with the investment community and extensive Aviation industry expertise," said Nicolas Finazzo, AerSale's Chief Executive Officer.

Mr. Finazzo and AerSale Chief Operating Officer Robert B. Nichols most recently served as the Chief Executive and Chief Operating Officer, respectively, of Miami, Florida based AeroTurbine, Inc., which they co-founded in 1997 and sold to Amsterdam based AerCap in April 2006.

"We're extremely excited to have partnered with Leonard Green & Partners," stated 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 $1 billion of aviation assets during the next 5 years."

"This transaction demonstrates our ability to leverage our broad capital markets capabilities to provide superior solutions to middle market companies," said Jason Reese, Chairman and Chief Executive Officer of Imperial Capital. Robert Wagner, Managing Director, Investment Banking who led this transaction said, "We were pleased to have an opportunity to work with one of the most experienced management teams in the industry and identify a great strategic partner in Leonard Green."

About Imperial Capital, LLC

Imperial Capital, founded in 1997, is a full-service investment banking firm with offices in Los Angeles, New York, San Francisco, Boston, Houston and Minneapolis. The firm currently employs over 170 professionals and offers a wide range of proprietary products and services to institutional investors, middle market companies, and private equity firms. Imperial Capital provides institutional clients research and sales and trading of high yield and distressed debt securities, bank debt, convertible bonds, preferred stocks, and equities. The firm provides middle market companies and financial sponsors with capital markets, merger and acquisitions, capital structure, restructuring and recapitalization advisory services. More information about Imperial Capital can be found at www.imperialcapital.com.

About Leonard Green & Partners, L.P.

Leonard Green & Partners, L.P. is one of the nation's leading private equity firms with over $9 billion in equity commitments under management. Leonard Green & Partners, L.P. was founded in 1989 and has invested in 46 companies with an aggregate value of $35 billion. For more information, please visit www.leonardgreen.com.

Contact Information

  • For more information regarding Imperial Capital or this transaction, please
    contact:

    Press:

    Anna Halloran Jacob
    Imperial Capital, LLC
    (310) 246-3675
    ahalloranjacob@imperialcapital.com