US85423L1035 - Common Stock
STANDARDAERO INC
NYSE:SARO (12/6/2024, 8:12:57 PM)
After market: 28.45 0 (0%)28.45
+0.14 (+0.49%)
StandardAero, Inc. is a US-based company operating in Aerospace & Defense industry. The company is headquartered in Scottsdale, Arizona and currently employs 7,500 full-time employees. The company went IPO on 2024-10-02. StandardAero, Inc. is an independent, pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. The firm provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. The Company’s segments include Engine Services and Component Repair Services. The Engine Services segment provides engine and airframe maintenance, repair, overhaul and related services to customers in the commercial aerospace, military & helicopter, and business aviation end markets. The Component Repair Services segment supports the commercial aerospace, military and helicopter and other end markets, including marine and land, and oil and gas with engine piece part repair, accessory repair and engine new part manufacturing.
STANDARDAERO INC
6710 North Scottsdale Road, Suite 250
Scottsdale ARIZONA
P: 14803773100
Employees: 7500
There will be a steady increase in the number of initial public offerings in the US through 2025, albeit no “switch will be flipped” for companies to rush to list, according to a top executive at Carlyle Group Inc.
The market for initial public offerings of companies that are owned by the likes of private equity firms is picking up, buoying the outlook for such first-time share sales heading into next year, says a top JPMorgan Chase & Co. banker.
StandardAero Inc. shares climbed 31% in the aircraft maintenance services provider’s trading debut, after the firm and some of its investors raised $1.44 billion in an initial public offering.
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