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New Deal


Announced

Completed

The Sterling Group completed the acquisition of West Star Aviation from Norwest Equity Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Completed

Private

Acquisition

Friendly

United States

Aerospace

Domestic

Single Bidder

repair services

Majority

Synopsis

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The Sterling Group, a private equity firm, completed the acquisition of West Star Aviation, a provider of maintenance, repair, and overhaul services, from Norwest Equity Partners, an investment firm. Financial terms were not disclosed. "We believe that our experience coupled with West Star's industry-leading customer service capabilities will make us a powerful combination. Jim Rankin has built a stellar leadership team, and we are eager to help accelerate their growth plans," Greg Elliott, The Sterling Group Partner.

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