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Latham & Watkins Advises StandardAero in Acquisition of Aero Turbine From Gallant Capital

August 28, 2024
Firm represents the Carlyle Group portfolio company in the acquisition of the military engine repair provider.

StandardAero has announced that it has acquired Aero Turbine Inc., a comprehensive provider of maintenance, repair, and overhaul (MRO) services and consultative repair solutions for military engines and accessories from Gallant Capital, a Los Angeles-based private equity firm. Founded in 1978, Aero Turbine Inc. is located at the Stockton Metropolitan Airport in Northern California.

Latham & Watkins advised StandardAero and Carlyle in the transaction, with a corporate deal team led by Washington, D.C. partner Cory Tull, with associates Brad Guest, Maddie Merkle, and Harrison Halberg. Advice was also provided on tax matters by New York partner David Raab, with associate Abigail Friedman; on employee benefits and labor matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar, and New York counsel Sandra Benjamin, with associate Ellie Graham; on government contract matters by Washington, D.C. partner Kyle Jefcoat; on intellectual property matters by New York partner Steven Betensky, with associates Pelin Serpin and Ece Gonulal; on insurance matters by Los Angeles partners Drew Levin and Harrison White, with associate Enrique Covarrubias; on environmental matters by Washington, D.C. partner James Barrett, with associate Brittany Curcuru; and on data privacy matters by Washington, D.C. partner Marissa Boynton, with associates Jennifer Howes and Austin Anderson.

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