Financiera Azuaga and Hyperion Fund-backed MRO to acquire ATS Aviation and Brok-air Aviation.

Synopsis

Financiera Azuaga and Hyperion Fund-backed MRO, a Spanish holding company, agreed to acquire ATS Aviation and Brok-air Aviation, Spanish maintenance, repair, and overhaul (MRO) companies. Financial terms were not disclosed.

Principals

target

Ats Aviation

bidder

Corporacion Financiera Azuaga

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Market Context