CataCap to acquire AerFin from CarVal Investors.

CataCap has agreed to acquire AerFin, a leading global specialist in providing cost-saving aftermarket support solutions to the aviation industry, from CarVal Investors in partnership with management. Long-term CataCap investor Schroder Adveq joins as co-investor in the transaction. Financial terms were not disclosed. AerFin has managed to gain high growth by extending the life of aircraft parts, enabling cost-effective solutions for airlines combined with preserving environment re-cycling of parts. This category is growing significantly as a focus on cost and impact on the environment growth within the airline sector. “AerFin is an outstanding company in a sector that has a global reach. We have been following the company for some time, given that it has been announced fastest-growing Aerospace & Defence company in Europe. We are truly impressed with the strength of the business model and the leadership team we are backing.” Peter Ryttergaard, CataCap Partner.