PAI Partners in Financing of Acquisition of Majority Stake in Mecaer

Cleary Gottlieb advised PAI Partners, a preeminent private equity firm, on the financing of its acquisition of a majority stake in Mecaer Aviation Group (Mecaer) in partnership with Fondo Italiano d’Investimento SGR.

Mecaer is one of Italy’s leading providers of aircraft systems and components, as well as cabin interior design, development, and maintenance services, with a global platform including seven production and maintenance facilities in Italy, North America, and Canada. The acquisition is expected to enable Mecaer to strengthen its competitive position by expanding its presence across new and existing platforms, supporting consolidation opportunities in the aerospace sector and driving further growth in Europe and North America.

The Cleary leveraged finance team was led by partner Ed Aldred, together with senior attorney Alessandro Gennarino and associates Shu Qin Low, Kasper Theunissen, and Harry Renshaw.