Acorn Extends Partnership with Sentry Aerospares in New Continuation Fund

Proskauer, a leading international law firm, has advised Acorn Capital Management in the closing of a single-asset continuation fund to bolster its strategic partnership with Sentry Aerospares. Sentry, a key player in the distribution of rare commercial aircraft components, is poised for expanded growth through inventory expansion, technology improvements, and strategic acquisitions. The continuation fund, co-led by Kline Hill Partners and LSV Advisors, enables liquidity for existing investors while acquiring new capital commitments to drive Sentry's robust growth strategy. The initiative follows Acorn's initial investment in the business and early merger efforts, elevating Sentry's market stature as a top provider for over 600 global customers. Proskauer’s extensive team of legal specialists, including partners and associates from various disciplines, facilitated this complex transaction.