Announced
Financials
Sources
Tags
Single Bidder
Domestic
Friendly
aircraft leasing
Minority
Private
Acquisition
Pending
United States
Aerospace
Private Equity
Synopsis
Ares Management and Universities Superannuation Scheme agreed to invest in Vmo Aircraft Leasing, a newly-formed company to acquire and lease commercial aircraft. Financial terms were not disclosed. "We believe the formation of Vmo is a terrific collaboration between a strong and respected management team, on the one hand, and an experienced and resourceful investor in the aviation sector, on the other. Together, we expect to build a differentiated company that provides outstanding service as well as flexible capital solutions to airline operators, lessors and OEMs around the world," Scott Graves, Ares Partner.
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