BLP Advised Bain Capital in Investments in MRO Holding
August, 2024 - Costa Rica
BLP has advised Bain Capital Special Situations on its preferred equity investment in MRO Holding, Inc., a world-class aircraft maintenance repair and overhaul company operating in El Salvador, México, Colombia, and the United States and which is a holding of Aeromantenimientos S.A., a leading provider of airframe heavy maintenance in El Salvador. The first tranche closed on 31 July 2024, and the second tranche will close following customary antitrust procedures in Mexico and El Salvador.
BLP assisted in the due diligence of the Salvadoran subsidiaries, revision of the transaction documents, and assessment of the local regulatory permits applicable to the transaction.
Our team in this transaction was led by Partners Mariana Nóchez and Zygmunt Brett alongside Directors Claudia Meléndez, José Góchez, Fernando Farrar, Luis Vega, Sofia Quezada, and Associates Andrea Melara, Linda Cuellar and Julio Meléndez.
