Greenbriar Equity Group Announces Acquisition of Sunvair Aerospace Group [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Yahoo! Finance
GREENWICH, Conn., June 05, 2024 BUSINESS WIRE )--Greenbriar Equity Group, L.P. ("Greenbriar"), announced that funds managed by Greenbriar completed the acquisition of Sunvair Aerospace Group ("Sunvair" or the "Company"), a global, engineering-centric provider of aircraft component maintenance, repair, and overhaul ("MRO") services. Financial terms of the private transaction were not disclosed. Founded in 1955, Sunvair offers a broad range of engineered solutions across aircraft accessory component repair and landing gear overhaul out of its facilities in Valencia, CA and Tulsa, OK. "We are excited to partner with Greenbriar in this next chapter of Sunvair's success," said Kerry Jarandson, CEO of Sunvair. "We share a collective vision of enhancing Sunvair's capabilities and accelerating our growth. Greenbriar's extensive experience and resources in our sector will greatly benefit us during this next phase." The new investment by Greenbriar will support the senior management team
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