Announced
Completed
Synopsis
Greenbriar Equity, a private equity firm, completed the acquisition of Sunvair Aerospace, a maintenance, repair and overhaul services provider, from Blue Sea Capital, a private equity firm. Financial terms were not disclosed. “Sunvair’s evolution is a great example of Blue Sea Capital’s business transformation playbook. Sunvair has grown from a niche MRO to one of the largest independent providers of repair and overhaul services to global airlines. We are thrilled to have partnered with Kerry Jarandson and the Sunvair team to support the Company’s rapid capabilities expansion and a nearly tenfold increase in earnings. We wish Kerry and the Sunvair leadership team, the Company and Greenbriar continued success," Scott Kirkendall, Blue Sea Capital Partner.
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