Sale of TRS Global Services to StandardAero

22 January 2020 – Alantra, a leading global investment bank and asset management firm, has advised TRS Global Services, LLC (“TRS”), a portfolio company of Tuckerman Capital, on the sale of its subsidiary, Turbine Repair Services Global Ireland Limited (“TRS Ireland” or the “Company”), to U.S. trade buyer StandardAero, one of the world’s largest independent providers of engine and airframe maintenance, repair, and overhaul (MRO) services, engine component repair, engineering services, interior completions, and paint applications. Alantra acted as exclusive financial advisor to TRS on the sale of TRS Ireland, a standalone business and independent subsidiary. The transaction closed on January 16, 2020 and the deal value was not disclosed.