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New Deal


Announced

Griffin and Bain Capital to acquire a portfolio of 17 aircraft engines from Rolls-Royce for $450m.

Financials

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Transaction Value£369m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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aircraft engines

Aerospace

Acquisition

United Kingdom

Cross Border

Majority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Griffin, a commercial aircraft leasing and alternative asset management business, and Bain Capital, an American private investment firm, agreed to acquire a portfolio of 17 aircraft engines from Rolls-Royce for $450m. ”We are excited to have completed this transaction with the Rolls-Royce team and look forward to supporting their customers over the coming years,” Ryan McKenna, Griffin CEO.

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