StandardAero, Inc. ( (SARO) ) has shared an announcement.
On March 24, 2025, StandardAero, Inc. announced that two of its stockholders, affiliates of The Carlyle Group Inc. and GIC Private Limited, plan to sell 30,000,000 shares of the company’s common stock in an underwritten secondary offering. The selling stockholders will receive all net proceeds from the sale, with no shares being sold by the company. The offering, managed by J.P. Morgan, Morgan Stanley, and RBC Capital Markets, includes a 30-day option for underwriters to purchase an additional 4,500,000 shares. This move does not impact StandardAero directly but reflects the selling stockholders’ decision to liquidate part of their holdings.
More about StandardAero, Inc.
StandardAero is a leading independent provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military, and business aviation markets. The company offers a comprehensive suite of aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management, and engineering solutions. StandardAero is listed on the NYSE under the ticker symbol SARO.
YTD Price Performance: 16.50%
Average Trading Volume: 1,454,627
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.56B
Find detailed analytics on SARO stock on TipRanks’ Stock Analysis page.