Holland & Knight Advises KP Aviation Management Team in Investment from Bain Capital Special Situations
NEW YORK (June 9, 2023) – Holland & Knight represented KP Aviation's management team in its investment from Bain Capital Special Situations to accelerate its global expansion. Financial terms of the private transaction, announced June 8, 2023, were not disclosed, and proceeds will be used to purchase the interests of Balmoral Funds LLC, the company's current investment partner since 2015.
Based in Mesa, Arizona, KP Aviation was founded in 2001 to provide high-quality materials and services to the fixed-wing aviation marketplace and has grown to become the preferred supplier of high-quality aftermarket components and assets across a broad range of aircraft and engine platforms. The company serves more than 4,000 airlines, aircraft maintenance companies, investment and leasing firms, and aviation aftermarket suppliers around the world.
Bain Capital Special Situations is a global team of investors who provide bespoke capital solutions to meet diverse needs of companies, entrepreneurs and asset owners. Bain has deep experience supporting the growth of diversified aviation businesses.
Holland & Knight Partner Amy Leder and Associates Francisco Bianchetti, Leanne Chia and Nicole Lamanna led the firm's representation of KP Aviation's management team. They were assisted by Partners Gary Schoenbrun, Eric Rubin, Christine Gay, Chris Froelich and Richard Furey.
More information on the transaction can be found here.