Veritas Capital Sells StandardAero To The Carlyle Group

Credit: StandardAero/George Tenney
The Carlyle Group has agreed to acquire StandardAero, a leading MRO provider, from private equity owner Veritas Capital for an undisclosed amount, the companies announced Dec. 18. This will become the second time that Caryle has purchased StandardAero—the first was in August 2004. Three years later...

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