Latham & Watkins Advises StandardAero in Upsized Secondary Offering

StandardAero, Inc. (NYSE: SARO) (StandardAero or the Company) announced the pricing of its upsized underwritten public offering by two of its stockholders (the Selling Stockholders), affiliates of The Carlyle Group Inc. and GIC Private Limited, of an aggregate of 36,000,000 shares of the Company’s common stock, par value US$0.01 per share, at a price to the public of US$28 per share. The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company. The offering is expected to close on March 27, 2025, subject to the satisfaction of customary closing conditions. The Selling Stockholders granted the underwriters a 30-day option to purchase up to an aggregate of 5,400,000 additional shares of Common Stock.

Latham & Watkins LLP represents StandardAero in the offering with a capital markets team led by Washington, D.C./New York partner Jason Licht and Washington, D.C. partners Patrick Shannon and Christopher Bezeg, with associates Concepcion Olivera, Brooke Padgett, and Claudia Dubay. Advice was also provided on benefits matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar, with associate Sam Sturgis; and on tax matters by New York partners David Raab and Aaron Bernstein.