Seabury Capital Advises HAECO Group on Acquisition of U.S. Aero-engine Maintenance Provider Jet Engine Solutions
Seabury Capital Group LLC (Seabury Capital) announced today that its London and New York-based Aerospace and Defense (A&D) Investment Banking teams assisted Hong Kong Aircraft Engineering Company Limited (HAECO Group), the worlds leading aircraft engineering and maintenance group and interior solutions provider, in the acquisition of Texas-based aero-engine maintenance provider, Jet Engine Solutions LLC (JES).
- Seabury Capital Group LLC (Seabury Capital) announced today that its London and New York-based Aerospace and Defense (A&D) Investment Banking teams assisted Hong Kong Aircraft Engineering Company Limited (HAECO Group), the worlds leading aircraft engineering and maintenance group and interior solutions provider, in the acquisition of Texas-based aero-engine maintenance provider, Jet Engine Solutions LLC (JES).
- Frank Walschot, Chief Executive Officer of HAECO Group, said: JES represents a significant strategic development for HAECO Group.
- This accretive transaction allowed HAECO Group ultimately to identify exactly the right target in the right market at the right price.
- The HAECO Group consists of 16 operating companies, employing around 17,000 staff in Hong Kong, Mainland China, and the United States.