Washington DC
New York
Toronto
Distribution: (800) 510 0384
Press ID
  • Login
Fairmont Post
No Result
View All Result
Friday, May 20, 2022
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
No Result
View All Result
Fairmont Post
No Result
View All Result

Platinum Equity to Acquire Global Aerospace Supply Chain Services Provider Unical Aviation

Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to rebound

Michelle Kellett by Michelle Kellett
July 19, 2021
in Technology
A A
Platinum Equity to Acquire Global Aerospace Supply Chain Services Provider Unical Aviation

Platinum Equity announced today it has signed a definitive agreement to acquire Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company’s founders.

The acquisition includes Unical Aviation, Unical MRO, Unical 145 and Unical Aero. Unical Defense Inc., an affiliate that serves government defense contracts, is not included in the sale to Platinum Equity. The transaction is expected to close during the third quarter of 2021. Financial terms were not disclosed.

READ ALSO

The Top Five Characteristics to Look for in a Business Consultant

Economic Study Finds Internet Contributes 230K Jobs, $81B to GDP in Washington State

Platinum Equity, a Los Angeles-based global investment firm with more than $25 billion of assets under management, has substantial experience investing in supply chain and logistics businesses, including in the aerospace sector. The firm currently owns Incora, a global aerospace and defense supply chain service provider based in the United Kingdom. Unical will operate as a standalone company in Platinum Equity’s portfolio.

With more than 85 million parts and over 1.3 million unique airframe and engine part numbers in stock, Unical is one of the largest suppliers of new and used serviceable material for the global aerospace industry. The company sources, re-certifies and resells aircraft parts to commercial airlines, cargo operators, aircraft lessors, and aviation maintenance, repair and overhaul (MRO) businesses. Unical is vertically integrated with its repair stations, providing a competitive advantage with quick to market service.

“Unical is one of the largest and most trusted suppliers of aftermarket parts and services to aviation customers around the world,” said Platinum Equity Partner Jacob Kotzubei. “As post-pandemic air passenger traffic rebounds and the air cargo market continues to grow, the need for available inventories of quality parts is expected to increase. The aviation industry also anticipates significant levels of fleet retirement, which will create ample levels of supply to meet that growth in demand. As a critical link in the aviation supply chain with more than 30 years of experience, we believe Unical’s value proposition will be more important than ever.”

Founded in 1990 and headquartered in City of Industry, CA, Unical has more than 450 employees and supplies aircraft parts and components to over 2,100 aviation customers around the globe through a network of dedicated facilities in the United States, Europe and Asia.

“We are excited to partner with the Unical team to build on the company’s impressive legacy,” said Platinum Equity Managing Director Dan Krasner. “With Platinum’s financial capacity and operational resources, we intend to accelerate Unical’s growth and significantly expand its position within the aerospace aftermarket. We will invest in the people, processes, systems and inventory required to help the company move forward stronger than ever as the commercial airline market recovers.”

Lazard is serving as financial advisor, Morrison & Foerster as legal advisor, and Alvarez & Marsal as restructuring advisor to Unical. Sheppard Mullin is serving as legal advisor to the seller. Morgan Lewis is serving as legal advisor to Platinum Equity on the transaction.

FP Newsroom

The Top Five Characteristics to Look for in a Business Consultant
Technology

The Top Five Characteristics to Look for in a Business Consultant

May 7, 2022
Economic Study Finds Internet Contributes 230k Jobs, $81b to GDP in Washington State
Technology

Economic Study Finds Internet Contributes 230K Jobs, $81B to GDP in Washington State

May 2, 2022
Create an Artificial Intelligence Video With AI STUDIOS
Technology

Create an Artificial Intelligence Video With AI STUDIOS

May 2, 2022
OpenBots Unveils RPA Migration Gamechanger at US Automation Conference
Technology

OpenBots Unveils RPA Migration Gamechanger at US Automation Conference

May 1, 2022
Damstra Technology Wins SNMPE 2021 Technology Innovation Award
Technology

Damstra Technology Wins SNMPE 2021 Technology Innovation Award

March 7, 2022
Rookies Can Have Fun With the New Wizmaker P1 3D Printer
Technology

Rookies Can Have Fun With the New Wizmaker P1 3D Printer

March 5, 2022

News in Focus

Private Insurers Paid Hospitals 224% of What Medicare Would in 2020

Catania & Catania Injury Lawyers Celebrate 30th Anniversary

BFK Warzone: 2D Gaming Taken to the Next Level With Complex P2E Features

Mortar Group Closes on the Acquisition of a New Development in Williamsburg, Brooklyn

Hard Times at Starboard: The King of Activist Hedge Funds Hits a Rough Patch

CSU Student Success Analytics Certificate Program Now Open for National Fall Enrollment

Should Job Hoppers Leap One More Time?

Users Will Now Get a Variety of Charms Made by NFFT

Flint Hills Resources to Build Largest-of-Its-Kind Solar Installation to Help Power Its Minnesota Refinery Operations

Biden-Harris Administration Announces Over $2.3 Billion Investment to Cut U.S. Carbon Pollution

The Top Five Characteristics to Look for in a Business Consultant

New York Food Truck Association Collaborated With NewYork-Presbyterian for Employee Appreciation Program

Fit Au Max Lingerie Curates Comfortable Supportive Lace Bras for Women With Full Breasts

Fusionex Donates RM10,000 to Assunta Children Society to Help Underprivileged Youngsters

Louisville Area Welcomes Renowned Addiction Treatment Center, Avenues Recovery Center

Michelin Former Employee and CEO of tireclick.com Christian Durou to Expand Business in the US

Matthew Sharpe, Paula Findlay Win Exciting St. Anthony’s Triathlon

Economic Study Finds Internet Contributes 230K Jobs, $81B to GDP in Washington State

Create an Artificial Intelligence Video With AI STUDIOS

New Research Projects to Shed Light on the Indirect Environmental Impacts of the Digital Economy

Nonprofit Launched to Plug Oil Wells and Clean Up Environment

Formerly Homeless Man Albert Alan Now CEO of AL STOCK TRADES Builds Software to Democratize Financial Information

OpenBots Unveils RPA Migration Gamechanger at US Automation Conference

Meet Successful Black Woman Nominated for Forbes Next 1000 Honoree That Owns 14 Healthcare Franchise Locations Around the USA

Tencent Musician Platform Introduces Service to Further Promote Chinese Music Overseas

From 0 to 100 Million: How ClickFunnels’ Todd Dickerson Built a Marketing Empire

The King of Growth, a New Perspective on Building and Scaling a Successful Law Firm, With Luis Scott, Co-Founder of 8 Figure Firm

Jared Esguerra Is on a Mission to Spread the Crypto Gospel

U.S. Department of Energy Celebrates 20th Annual Solar Decathlon for Next-Generation Clean Energy Buildings

Why This Project Will Boom in NFT Space?

  • Statement by U.S. Conference of Mayors on Mass Shooting in Buffalo

https://ritzherald.com/statement-by-u-s-conference-of-mayors-on-mass-shooting-in-buffalo/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr
  • Sea Ice Can Control Antarctic Ice Sheet Stability, New Research Finds

https://ritzherald.com/sea-ice-can-control-antarctic-ice-sheet-stability-new-research-finds/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr #sealevelrise
  • USW Announces Tentative Agreement With Arconic on Four-Year Contract

https://ritzherald.com/usw-announces-tentative-agreement-with-arconic-on-four-year-contract/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr
  • MOZAIK Philanthropy Announces Open Call for Digital Art

https://ritzherald.com/mozaik-philanthropy-announces-open-call-for-digital-art/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr #digitalartist
  • Southwestern Association for Indian Arts Announces Centennial Fashion Designers

https://ritzherald.com/southwestern-association-for-indian-arts-announces-centennial-fashion-designers/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr
  • Unreleased Live Concert of Ella Fitzgerald Performing Songs From Her Beloved Irving Berlin Songbook

https://ritzherald.com/unreleased-live-concert-of-ella-fitzgerald-performing-songs-from-her-beloved-irving-berlin-songbook/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr #ellafitzgerald
  • Cedars-Sinai Leader in Maternal-Fetal Medicine Honored for Dedication to Women’s Healthcare

https://ritzherald.com/cedars-sinai-leader-in-maternal-fetal-medicine-honored-for-dedication-to-womens-healthcare/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr
  • IAPMO Supports U.S. Sen. Tammy Baldwin’s Healthy Drinking Water Affordability Act

https://ritzherald.com/iapmo-supports-u-s-sen-tammy-baldwins-healthy-drinking-water-affordability-act/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingstrategy #marketingdigital #guestpost #guestposting #marketingtips #pr

© 2022 Fairmont Post. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • The Hudson Weekly

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Contact: pr@fairmontpost.com. Phone: (718) 313-5252. Mon-Fri: 9AM-5PM. Privacy Policy

No Result
View All Result
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT

© 2021 Fairmont Post

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist