Bain Capital, through Bain Capital Special Situations, has made an investment in KP Aviation, a global supplier of aftermarket materials and services.
KP Aviation was founded in 2001 to provide materials and services to the fixed-wing aviation marketplace and offers aftermarket parts and assets across a range of aircraft and engine platforms. The company serves more than 4,000 airlines, aircraft maintenance companies, investment and leasing firms and aviation aftermarket suppliers globally. Bain made the investment looking to drive its global expansion and further its position as a supplier to the fixed-wing aviation marketplace. Proceeds will be used to purchase the interests of Balmoral Funds LLC, the company’s current investment partner since 2015.
“In Bain Capital, we have found an aligned partner with deep aviation experience and operational capabilities to help us further scale our platform, foster new customer and supplier relationships, and diversify into new service lines and capabilities through a mix of organic and strategic growth initiatives,” comments Kim Schulze, founder and CEO of KP Aviation.
Perella Weinberg Partners and Vedder Price served as KP Aviation’s financial and legal advisors, respectively. Holland & Knight served as legal advisor to KP Aviation’s management team. Davis Polk & Wardwell LLP served as legal advisor to Bain Capital Special Situations.