Latham & Watkins Represents StandardAero in Upsized US$1.44 Billion IPO

StandardAero, Inc., a leading independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military, and business aviation end markets, has announced the pricing of its initial public offering of 60,000,000 shares of its common stock, at a public offering price of US$24 per share. The shares include 53,250,000 shares to be issued and sold by StandardAero and 6,750,000 shares to be sold by existing stockholders. The size of the offering was upsized from the previously announced 46,500,000 shares. Shares of StandardAero common stock are expected to begin trading on The New York Stock Exchange under the symbol "SARO" on October 2, 2024. The offering is expected to close on October 3, 2024, subject to the satisfaction of customary closing conditions.

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 finance matters by Washington, D.C. partners Jeffrey Chenard and Melissa Fabian, with associates Marie Greenman and Shane Alexander; on governance matters by Washington, D.C. partner Brian Miller and Washington, D.C. counsel Jessica Lennon; on corporate matters by Washington, D.C. partners Cory Tull and Marc Granger, with associates Brad Guest, Dustin Davis, and Paul Bowers; on benefits matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar, with associate Amulya Vadapalli; on tax matters by New York partners David Raab and Aaron Bernstein; on ESG matters by New York partner Betty Huber; and on regulatory matters by New York partner Gail Neely.