Announced

Completed

BC Partners Credit and FPG Amentum completed the acquisition of Crianza Aviation from IMM Investment, Cerritos Holdings, and EastMerchant Capital for $141.207m.

Synopsis

BC Partners Credit, a private equity investment firm, and FPG Amentum, an aircraft asset manager, completed the acquisition of Crianza Aviation, an aircraft leasing company, from IMM Investment, a private equity and venture capital firm, Cerritos Holdings, a private holding company, and EastMerchant Capital, a financial services provider, for $141.207m. “While aircraft finance offers inherently stable returns, it has often been perceived as a challenging asset class in the Korean market. In this context, IMM has managed the platform systematically and over the long term — from lease inception through exit — underpinned by market leading expertise. We strengthened structural resilience through high-quality lessees, as evidenced during the COVID period," Jin Heum Paek, IMM Investment CEO of Singapore office.

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