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