Griffin Global Asset Management Serves as Advisor to Bain Capital on its Pending Strategic Investment with MRO Holdings
July 11 2024 - 7:54PM
MRO Holdings Inc. (“MROH” or the “Company”), a leading provider of
aircraft maintenance solutions for the global commercial airline
industry, announced that it has agreed to a strategic minority
investment from Bain Capital to support the Company’s ongoing
development and expansion of customer-centric initiatives.
Financial terms of the private investment were not disclosed and
the transaction is subject to customary closing conditions.
Based in Panama with customer maintenance
facilities in El Salvador, Mexico, and the United States, MROH is
one of the leading MRO providers in the Americas, performing
approximately 10 million hours of aircraft maintenance and
modifications for commercial airline customers annually. The MROH
Group of Companies’ existing management team, led by Greg Colgan,
will continue to lead the business alongside its existing
investment partners, the Kriete family and Caoba Capital.
A press release is available with additional
information on the transaction.
About Griffin Global Asset Management
Griffin is a commercial aviation leasing and alternative asset
management business with offices in Dublin, Ireland, Puerto Rico,
and Los Angeles, CA. Griffin’s team of professionals works closely
with airlines, manufacturers, maintenance providers, and financiers
to deliver innovative capital solutions globally.
For more information visit www.griffingam.ie or
www.griffingam.com
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