StandardAero priced its underwritten public offering by two of its stockholders — affiliates of the Carlyle Group and GIC — for 30 million shares of the company's common stock at a price to the public of $28 per share on May 21, 2025.
The selling stockholders will receive all of the net proceeds from this offering and no shares are being sold by the company. In addition, the selling stockholders granted the underwriters a 30 day option to purchase up to 4.5 million additional shares.
JP Morgan, Morgan Stanley, RBC Capital Markets, UBS Investment Bank, and Jefferies are acting as joint lead bookrunning managers for the offering. CIBC Capital Markets, Societe Generale, Citizens Capital Markets, Mizuho, Santander, and Wolf Nomura Alliance are acting as joint bookrunning managers. Carlyle, AmeriVet Securities, and Drexel Hamilton are acting as comanagers for the offering.
The offering is expected to close on May 23, 2025.