Vedder Price is pleased to have represented GA Telesis in the $51 million purchase of AAR’s landing gear overhaul business.
The transaction is expected to close early in the first quarter of 2025. The acquisition will allow GA Telesis to expand its workforce and service capabilities across various aircraft platforms and the acquired business will be integrated into GA Telesis’s existing operations, adding capabilities for high-velocity oxy-fuel coating to the company's portfolio.
“We are proud to have provided integrated industry leading legal advice across our M&A, Global Transportation, Tax, Regulatory and Compliance practice in representing GA Telesis in this significant transaction,” said Geoffrey R. Kass, Shareholder and Chair, Vedder Price Global Transportation Finance team. “This acquisition marks a key milestone in GA Telesis’s growth strategy, enhancing its service capabilities and operational efficiencies, while positioning the company for continued success in the aviation sector.”
The Vedder Team was led by Shareholders Geoffrey R. Kass and Joseph H. Kye, and included Corporate associates Jeffrey M. Lowry, Sara L. LeVine, Allie L. Brydell and Tax shareholder Andrew Falevich.