Sale to Golden Gate Capital

Industrial
Sale to Golden Gate Capital

Summary

Baird served as financial advisor to Tronair

About

Tronair, Inc. (“Tronair”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), recently announced its sale to Golden Gate Capital (“Golden Gate”). Terms of the transaction were not disclosed.

Tronair is the global leader in the design, manufacture and sale of ground support equipment (“GSE”) for business, commercial and military aircraft. Tronair’s broad and innovative product line of GSE spans tugs, towbars, jacks, stands, hydraulic systems, electrical systems and various other products which are used by over 300 unique aircraft platforms. Tronair is the market leader in its core products and market segments, serving leading aircraft OEMs (e.g., Bombardier, Gulfstream, Embraer, Boeing and Airbus), fixed based operators, maintenance and repair providers, corporate hangars, commercial airlines, defense contractors and military airbases around the world. Tronair is headquartered in Holland, Ohio.

LLCP is a Los Angeles, California based private investment firm that has managed approximately $7.5 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States and Europe. LLCP has offices in Los Angeles, New York, Dallas, Chicago, London and The Hague.

Golden Gate Capital is a private equity investment firm with over $15 billion of capital under management. Golden Gate invests across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Golden Gate is headquartered in San Francisco, California.

For additional information about this transaction, please contact:

Mike Lindemann +1 (414) 298-7408
Tom Lacy +1 (414) 298-7648
Chris McMahon +1 (312) 609-4983
Mike Barina +1 (414) 298-1885
Julien Darmon +44 (207) 667-8415
Anthony Siu +86 (21) 61820980
Industrial
Sale to Golden Gate Capital
Date
September 2016
Company
Tronair, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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